INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

‘AI adoption in UAE’s industries to propel economic diversification’

Hamed bin Zayed attends Mohamed bin Zayed University of Artificial Intelligence class of 2023 commencement ceremony.
  • The MBZUAI commencement ceremony celebrated 59 students graduating with a master's in computer vision (CV) and machine learning (ML), and natural language processing
  • Guests and attendees gained insight into the exploration taking place at MBZUAI and the importance of these the projects utilising AI to solve humankind’s most pressing challenges

Abu Dhabi, UAE – The adoption of  artificial intelligence (AI)  is critical to propelling diversification of economic growth in the United Arab Emirates, said managing director of Abu Dhabi Investment Authority. Sheikh Hamed bin Zayed Al Nahyan during his particiupation in the commencement ceremony of the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) Class of 2023. 

The UAE has the world’s first university for artificial intelligence. 

The commencement event highlighted the transformative role of AI adoption across industries in achieving the nation’s goals of economic growth.

During the ceremony, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of MBZUAI’s Board of Trustees, emphasized the pivotal role of AI in accelerating the UAE’s economy while addressing key challenges in areas such as climate, healthcare, and education. 

The graduating class of MBZUAI’s Class of 2023, comprising 59 students from diverse nationalities, showcased their expertise in areas such as computer vision, machine learning, and natural language processing. These AI experts are poised to make a profound impact on various industries, including healthcare, technology, energy, transport, and government.