Saudi Arabia's Public Investment Fund (PIF) and Aramco signed a non-binding term sheet on Tuesday for the oil company to acquire a minority stake in the artificial intelligence company Humain, of which PIF is a majority owner.
The companies said in a statement that, under the deal, they would combine AI assets and expertise into Humain to accelerate the tech company's global growth. PIF will continue to own the majority of the company. They said the deal is expected to further establish Saudi Arabia as a leader in AI and attracting investment opportunities.
"By combining PIF and Aramco’s AI assets under Humain, we are fuelling AI talent, innovation and intellectual property, while aligning and accelerating future investment opportunities," Yazeed Al Humied, deputy governor and head of Middle East and North Africa investments at the PIF, said in a statement.
"This development is aligned with PIF’s strategy by further strengthening Saudi Arabia’s position as a globally competitive AI hub and places the country at the heart of reshaping the future of global AI."
Aramco chief executive Amin Nasser added: "Aramco’s planned investment in Humain is expected to further strengthen our leadership in industrial AI applications and digital solutions, while accelerating the development of Saudi Arabia’s AI infrastructure and driving national transformation."
Humain on Tuesday announced the launch of Humain One, an agentic AI operating system designed to automate enterprise operations and redefine how organisations manage workflows. The announcement was unveiled at the Future Investment Initiative in Riyadh.
Where to donate in the UAE
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
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All kick-off times 10.45pm UAE ( 4 GMT) unless stated
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Sevilla v Maribor
Spartak Moscow v Liverpool
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Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
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Basel v Benfica
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Paris Saint-Germain v Bayern Munich
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Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
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Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
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Engine: 4.0-litre V8 twin-turbocharged and three electric motors
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Torque 380hp @ 1,950rpm
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