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January 10, 2019

Smart Dubai Launches Guidelines on Ethical use of Artificial Intelligence

Dubai’s quest to become the world’s smartest city has received a strong ethical grounding with the unveiling of guidelines for the use of Artificial Intelligence (AI). The new ‘Ethical AI Toolkit,’ which provides advice to individuals and organisations offering AI services, has been formulated by the Smart Dubai Office (Smart Dubai) – the government department that has a mandate to make Dubai the world’s happiest city through innovation.

Outlining the need for the new guidelines, Smart Dubai says that they will encourage organisations that deliver AI services to place a priority on fairness, transparency and accountability and that they will serve to elevate the [...]

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December 12, 2018

Disruptive Technology charts the way for future energy trends

Participants in a discussion panel on the final day of the 5th Dubai International Project Management Forum 2018 emphasised that future trends of energy should be driven by Disruptive Technology. This Technology fosters types of clean and sustainable energy to operate efficiently and reduce the carbon footprint to the minimum.  Participants stressed that achieving these objectives would be challenging, hence, requires a concerted effort to create a more energy-efficient world for future generations.

The first speaker was H.E Saeed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), who praised the UAE’s move to [...]

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November 29, 2018

dnata invests in artificial intelligence-driven technology; acquires majority stake in bd4travel

dnata, one of the world’s largest air services providers, announced that it acquired a majority stake in bd4travel (Big Data for Travel), an award-winning tech company, which provides artificial intelligence(AI)-driven IT solutions to online travel agencies.

Based in Germany and the UK, bd4travel’s services were designed specifically to meet the challenges of the travel industry. The company’s sophisticated algorithms allow online travel agencies to engage with anonymous customers and personalise their shopping experience in real-time, recommending the most relevant products, services and content to them.

Running more than 40 separate sites, bd4travel currently serves [...]

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November 28, 2018

Smart Dubai Concludes Participation in 8th Annual Smart City Expo & World Congress in Barcelona Amid Great Turnout

Smart Dubai reported a great turnout at its booth in the 8th Smart Cities Expo & World Congress, where it headed a delegation of 11 of its strategic government and semi-government partners, showcasing advanced smart city services.

The premier annual gathering of smart city leaders offered Smart Dubai an ideal platform to showcase the emirate’s smart transformation accomplishments over the past year. Taking place on November 13-15, 2018, in Barcelona, Spain, the event also saw Smart Dubai sign a partnership agreement with MasterCard.

Her Excellency Dr Aisha Bint Butti Bin Bishr, Director General of Smart Dubai, said: “The Smart City Expo & World Congress has [...]

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November 28, 2018

20 Innovative Tech Solution Pilots Emerge from Second FinTech Hive Accelerator Programme

23 start-ups from across 14 countries present concepts and solutions to over 350 investors and partners at second FinTech Hive Investor Day, and in the presence of His Excellency Essa Kazim, Governor of DIFC

FinTech Hive at DIFC, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, marked another milestone in its continued support for financial innovation with the completion of the 2018 edition of its accelerator programme, launched in collaboration with Accenture.

The number of start-ups in the programme doubled to 22 from 11 in the 2017 cohort.  Along with one additional start-up, selected as the winner of [...]

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November 26, 2018

City Possible: Mastercard Launches Global Network for Urban Co-Development

As urban leaders from around the world gather for Smart City Expo World Congress this week in Barcelona, Mastercard launched a unique global network for urban co-development. As part of its City Possible program, Mastercard is connecting cities with academia and businesses to identify common challenges that can be best addressed through collaboration.

Sixteen cities are becoming founding members of the global City Possible network – representing a diverse mix of geography and size: Athens, Aurora, IL, Baltimore, Dubai, Dublin, Helsinki, Honolulu, Kansas City, Melbourne, Prague, San Diego, and Altamonte Springs, FL, as well as the Greater Sydney communities of Campbelltown, [...]

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November 22, 2018

Dubai Future Foundation Announces the Completion of the Museum of the Future’s Structure

Dubai Future Foundation (DFF) announced the Completion of the Museum of the Future’s Structure.

HE Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future and Vice Chairman of the Board of Trustees and Managing Director of DFF, said: “The museum will provide visitors the opportunity to experience the future now. It will be the destination for scientists, experts, innovators, and creative minds, from all over the world, to design and shape the future”.

Al Gergawi stated that the Museum of the Future, set to open its doors in 2020, embodies one of the pillars of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime [...]

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November 12, 2018

SAP to Acquire Qualtrics, Sees Experience Management as the Future of Business

SAP and Qualtrics announced they have entered into a definitive agreement under which SAP SE intends to acquire Qualtrics, the global pioneer of the experience management (XM) software category that enables organizations to thrive in today’s experience economy.

Under the terms of the agreement, SAP will acquire all outstanding shares of Qualtrics for US$8 billion in cash. SAP has secured financing in the amount of €7 billion to cover purchase price and acquisition-related costs. The purchase price includes unvested employee incentive compensation and cash on the balance sheet at close. Subject to customary closing conditions and attainment of regulatory [...]

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