Artificial intelligence research and adoption across industries will help achieve the UAE’s economic diversification goals and generate economic and social value, said Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and President-designate of the Cop28 summit.
“Projections show AI solutions are on course to contribute an estimated $13 trillion to the global gross domestic product by 2030, optimising the industries of tomorrow and dramatically improving the lives of billions of people in the process,” Dr Al Jaber said during a visit to Mohamed bin Zayed University of Artificial Intelligence in Abu Dhabi on Saturday.
Dr Al Jaber, who is also chairman of the university, was accompanied by Peng Xiao, chief executive of Abu Dhabi’s AI company G42.
As the first university to have a singular focus on AI, the institution aims to attract students from around the world to advance the technology and propel the UAE’s economic diversification efforts. It was established in 2019.
The UAE was among the first nations to see an opportunity in AI for its economy. In 2017, the government rolled out an AI strategy, UAE 2031, outlining plans to use the technology to make governance more efficient and naming eight sectors it aims to transform including space, renewable energy, water and education.
The UAE also appointed the world’s first Minister of State for Artificial Intelligence, Omar Al Olama.
AI is being tipped to be the UAE’s most important industry over the next 10 years. It ranked ahead of construction, electronics, aerospace, robotics, design engineering and IT and cybersecurity in a poll of technology and engineering employees in the Emirates by the UK-based Institution of Engineering and Technology.
“AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress,” Dr Al Jaber said.
“Technologies being developed today have the potential to increase energy efficiency, reduce emissions and ensure that economic growth and climate progress go hand-in-hand, while advances in technologies like AI, analytics and robotics will enable us to better decarbonise high emitting sectors, and measure and reduce energy consumption and emissions.”
The minister met with researchers from the university and the Inception Institute of Artificial Intelligence to discuss research projects that will deliver on the UAE’s national priorities, including sustainable environment and infrastructure; world-class health care and education systems, and exploring large language models, particularly in Arabic, the university said in a statement.
Dr Al Jaber was updated on a joint MBZUAI-IBM project that aims to provide a data engine to identify urban areas in Abu Dhabi with excessive heat, which could be used to inform climate and sustainability policies.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The 12 breakaway clubs
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
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The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
KILLING OF QASSEM SULEIMANI
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FINAL SCORES
Fujairah 130 for 8 in 20 overs
(Sandy Sandeep 29, Hamdan Tahir 26 no, Umair Ali 2-15)
Sharjah 131 for 8 in 19.3 overs
(Kashif Daud 51, Umair Ali 20, Rohan Mustafa 2-17, Sabir Rao 2-26)
57%20Seconds
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England's lowest Test innings
- 45 v Australia in Sydney, January 28, 1887
- 46 v West Indies in Port of Spain, March 25, 1994
- 51 v West Indies in Kingston, February 4, 2009
- 52 v Australia at The Oval, August 14, 1948
- 53 v Australia at Lord's, July 16, 1888
- 58 v New Zealand in Auckland, March 22, 2018
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
More from Neighbourhood Watch:
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UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances