Let's Talk RAK, Dubai (2025)

22/10/2024

How are AI startups working to solve Indian hospitals’ most common problem? Workers’ shortage, patient care, and more

The young generation of Indian techies is slowly trying to revolutionise the Indian healthcare system, often struggling with acute staff shortage and poor infrastructure, with their innovative startupsWhen racing-car engineer Mudit Dandwate nearly lost an uncle to undiagnosed sepsis in an Indian hospital, he made it his mission to improve patient monitoring in the country of 1.4 billion....
https://bit.ly/3YbW9TL

Via livemint.com

29/09/2024

The Telecommunications & Digital Government Regulatory Authority (TDRA) announced that the United Arab Emirates has achieved outstanding results in a number of indicators related to government and digital services as per the United Nations E-Government Survey 2024, which focuses on the role of governments in accelerating digital transformation and artificial intelligence for sustainable development, and providing services that enhance the quality of life of community members.

UAE Ranks 1st Globally in the Network Readiness Index According to the UN E-Government Survey 2024

The report announced by the United Nations Department of Economic and Social Affairs (UN-DESA) indicated that the UAE ranks first globally in the Telecommunication Infrastructure Index (TII), with a full score of 100%. The report also indicates that the UAE advanced 34 points in the Human Capital Index (HCI), moving from 44th to 10th place, and getting placed first in Asia and the Arab world in this index. This result reflects the considerable efforts made towards national competencies in the UAE, and provide them with the necessary skills to navigate the era of accelerated digital transformation and technological shifts....
https://bit.ly/4gL1aLy

The Telecommunications and Digital Government Regulatory Authority (TDRA)

18/09/2024

e& UAE introduces self-activated instant eSIM with 10GB free data for visitors

e& UAE has introduced an instant eSIM with 10GB of free data for visitors. The free instant eSIM can be self-activated by simply scanning a QR code and seamlessly connecting via facial recognition technology.

This innovative solution by e& UAE enables visitors to activate their Free Visitor Line eSIM as soon as they pass through immigration. By scanning the QR code and completing a quick facial recognition step, visitors are automatically connected—eliminating queues and time-consuming processes. The free eSIM also comes with 10GB of complimentary data valid for a day, ensuring visitors can connect with loved ones and access essential services immediately...
https://bit.ly/3XwdaaN

Etisalatand

12/09/2024

UAE's GDP Hits AED430 Billion in Q1 2024

Abdulla bin Touq Al Marri, Minister of Economy, said that the preliminary estimates of the UAE's GDP growth in the Q1 2024, issued by the Federal Competitiveness and Statistics Centre (FCSC), underline the resilience and vitality of the national economy and exemplify its ability to continue on the path of sustainable growth.

He highlighted that the country's real GDP reached AED430 billion in Q1 2024, recording a remarkable growth of 3.4 percent compared to the same period in 2023, while the non-oil GDP grew by 4 percent compared to the same period last year.

"Under the guidance of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the country adopted an innovative economic model that supports its future vision, along with effective national economic strategies, enhancing openness to the world, promoting partnerships, and transitioning towards an economic model based on flexibility and innovation," Bin Touq added....
https://bit.ly/3TsmGuf

25/08/2024

Mohammed bin Rashid: UAE non-oil foreign trade hits all-time high of AED1.395 trillion in H1 2024, marking 11.2% growth

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed that the UAE under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, continues to achieve unprecedented milestones in its non-oil foreign trade.

His Highness Sheikh Mohammed bin Rashid Al Maktoum remarked, “A few years ago, we set ambitious national economic goals, aiming for AED 4 trillion in foreign trade by 2031 – a goal that was seen as highly challenging at the time.

"Today, the figures for the first half of 2024 show that our exports in just six months have equalled what we used to export in an entire year before the COVID-19 pandemic in 2019. Our foreign trade is nearing AED 1.4 trillion in these six months, with a 25 percent growth in non-oil exports. Our target is to achieve AED 3 trillion in non-oil foreign trade by the end of this year.”....
https://bit.ly/3Mh9UuR

Via mediaoffice.ae

24/08/2024

AED54 billion in new 3-month deposits at UAE banks in 5 months

UAE-based Banks attracted new "3-month" deposits worth more than AED54 billion during the first five months of this year, according to the latest statistics from the Central Bank of the UAE (CBUAE).

The statistics showed that deposits in banks for three months recorded about AED659.01 billion at the end of May 2024 compared to AED604.99 billion in December 2023, a growth of 8.9 percent.

National banks accounted for 90.9 percent of three-month deposits, or AED 598.9 billion, while foreign banks accounted for 9.1 percent, or AED 60.02 billion.

UAE-based Banks attracted AED18.1 billion in term deposits during the first five months to reach AED227.71 billion at the end of May, up from AED205.4 billion at the end of 2023, a growth of 8.6 percent.

National banks accounted for 89.9 percent of term deposits, worth AED204.8 billion, while foreign banks accounted for AED22.8 billion, equivalent to 10.1 percent.....
https://bit.ly/4czGkLP

Via wam.ae

14/08/2024

ICT Regulatory Sandbox | Enabling adoption of modern and emerging ICT technologies

Information and Communication Technology (ICT) Regulatory Sandbox

In line with the UAE government’s national priorities for developing legislations that enable the adoption of modern and emerging ICT technologies, and in recognition of the need for an agile approach to rulemaking in order to unlock the potential of innovation and shape it in a way that protects citizens and reflects their value, TDRA has sought to design an ICT Regulatory Sandbox which would enable participants to pilot and test innovations, as appropriate, and in a way that supports fair and open competition, and to gather learning from these tests on how rules need to adapt.....
https://bit.ly/46J3kq8

The Telecommunications and Digital Government Regulatory Authority (TDRA)

08/07/2024

National Institute for Health Specialties launches Nursing Residency Program Standards for first time in the UAE

For the first time in the UAE, the National Institute for Health Specialties (NIHS) has approved three specialized nursing programs, including: Residency program for fresh nursing graduates, Residency program in critical care for adults, Residency program in nursing care for mental health.

The programs were endorsed in cooperation with the Ministry of Health and Prevention and various health and academic authorities in the country. They were facilitated through the Advisory Committee for Nursing and Midwifery and the scientific nursing committees of the Institute. NIHS looks forward to hospitals starting to apply for these programs during this year....
https://bit.ly/3VTzpqu

Ministry of Health & Prevention

08/07/2024

The UAE Council for Artificial Intelligence Has Extended Application Deadline for UAE AI Award Until July 12

The UAE Council for Artificial Intelligence announced the extension of the application deadline for the UAE Artificial Intelligence Award until July 12. This extension aims to provide a greater opportunity for participants from federal, local, and semi-governmental entities to participate in the award, in line with the award's goals of shaping the digital future and enhancing the country's competitiveness.

The award encourages entities in the UAE to shape the digital future by employing AI solutions, thereby enabling individuals and communities to benefit from them. It aims to enhance cooperation among entities and create positive competitiveness that contributes to the UAE's advancement in digital fields. Additionally, it aligns with the national movement towards innovating solutions that promote the adoption of the best AI practices....
https://bit.ly/3RZCJiq

27/06/2024

UAE a global hub for business setup, offers 13 unmatched advantages, incentives for investors

The UAE has become a top global destination for businesses focusing on innovation, artificial intelligence, and entrepreneurship, as well as for attracting foreign investments, which led to an improvement in its rankings on international indicators related to business and investment attractiveness.

The country provides various incentives for investors, supports entrepreneurship, and encourages the establishment of more companies to help diversify national income sources.

By continuously enhancing its economic environment to attract foreign investments, the UAE aims to strengthen the role of investments in its national economy.

The Emirates News Agency (WAM) outlines 13 benefits and incentives extended to investors in the UAE, which have significantly boosted the country's investment appeal, attracted substantial investments, and positioned it as a leading global investment hub.

- 15 minutes to start a business in the UAE

Basher, a digital platform for investors and entrepreneurs in the UAE and around the world, provides investors and entrepreneurs in the UAE and around the world with a complete range of government services to conduct their business in order to improve the ease of doing business and attract more investment to the UAE.Basher is a completely new tool for setting up a business through an intelligent and unified digital platform that offers simple and secure procedures and allows investors and entrepreneurs to obtain a business licence without having to visit any government office....
https://bit.ly/3xwxEax

Via WAM

30/04/2024

UAE Banks' Gross Assets Touch $1.1T In February

The gross assets of UAE banks rose 12% year-on-year to touch $1.1 trillion (AED 4.2 trillion) in February, the Central Bank of the UAE (CBUAE) said in a statement on Monday.

UAE banks' gross assets

The total assets in February are compared to $1.02 trillion (AED 3.7 trillion) for the same period a year ago.
On a monthly basis, UAE banks' total assets grew by 2.2%, the CBUAE added.....
https://bit.ly/3Qor5wJ

Central Bank of the UAE

Ola Noureldin
Via www.forbesmiddleeast.com

10/04/2024

Eid Mubarak! May the joyous festival of Eid-ul-Fitr bring you peace and happiness, and may Allah's blessings be with you today and always!

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