Franz Fayot meets Omar Al Olama, the UAE’s Minister of State for Artificial Intelligence, his visit to the Emirates. Courtesy: Luxembourg Ministry of Economy
Franz Fayot meets Omar Al Olama, the UAE’s Minister of State for Artificial Intelligence, his visit to the Emirates. Courtesy: Luxembourg Ministry of Economy
Franz Fayot meets Omar Al Olama, the UAE’s Minister of State for Artificial Intelligence, his visit to the Emirates. Courtesy: Luxembourg Ministry of Economy
Franz Fayot meets Omar Al Olama, the UAE’s Minister of State for Artificial Intelligence, his visit to the Emirates. Courtesy: Luxembourg Ministry of Economy

Luxembourg minister’s visit to UAE focusses on ‘human’ approach to artificial intelligence


Ramola Talwar Badam
  • English
  • Arabic

A visiting minister from Luxembourg said his country’s approach to artificial intelligence (AI) mirrored that of the UAE's, highlighting the importance of using technology to benefit people.

Franz Fayot, Luxembourg’s Minister of Economy, Development Co-operation and Humanitarian Affairs, met with several UAE ministers and government officials this week.

He said it was a bold move for the Emirates to appoint the world's first minister for artificial intelligence and was pleased to meet Omar Sultan Al Olama during his three-day visit.

"Both the UAE and Luxembourg have embraced AI as a symbol of the knowledge-based economy," he told The National.

“Similar to the UAE, Luxembourg is not doing AI for the sake of AI. Our goal is to have a human-centric AI approach where the technology benefits first and foremost our citizens. An important aspect in this regard is the quality and efficiency of public services with the goal to simplify citizen-government interactions.”

Logistics, smart mobility, health technology and space have been identified by the UAE as strategic sectors where AI can exert a positive role, and this is similar to Luxembourg's goal.

Mr Fayot welcomed opportunities for collaboration.

Both countries have longstanding relations. The Luxembourg embassy in Abu Dhabi, set up a decade ago, is the only one in the Middle East. The UAE is also the biggest trading partner of Luxembourg in the region.

Luxembourg's presence at Expo 2020 Dubai

Franz Fayot, Luxembourg’s Minister of Economy, met Reem Al Hashimy, UAE Minister of State for International Co-operation and director general of Expo 2020 Dubai Bureau. Courtesy: Luxembourg Ministry of Economy
Franz Fayot, Luxembourg’s Minister of Economy, met Reem Al Hashimy, UAE Minister of State for International Co-operation and director general of Expo 2020 Dubai Bureau. Courtesy: Luxembourg Ministry of Economy

The minister also met with Sarah Al Amiri, Minister of State for Advanced Technology, Reem Al Hashimy, Minister of State for International Co-operation and Abdullah Al Marri, Minister of Economy, and visited the Luxumbourg pavilion.

The structure, with a giant slide and an outer shell that resembles a giant loop with no boundaries, has generated great interest months before the World Fair opens in October.

One of the world’s smallest countries, Luxembourg has been present at World Fairs since the first event in London in 1851.

“We have seen these participations as a tremendous opportunity to make Luxembourg and its economic activities better known on the world stage,” he said.

The country hoped to make a meaningful contribution to the Expo theme: Connecting minds, creating the future.

“Our history has been strongly defined and influenced by the need not only to adapt to the future, but to shape it for our country,” he said.

“The exposition shown in our pavilion reflects this mindset very well.”

The space sector and entrepreneurship were also discussed.

Both countries have exchanged information in space policy, law and regulation.

A space finance seminar was held in Abu Dhabi earlier this year by the space agencies of both countries that brought together companies, experts and public authorities on investment opportunities and trends in the space industry in the European market.

Farage on Muslim Brotherhood

Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.

All%20We%20Imagine%20as%20Light
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Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

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.

COMPANY%20PROFILE
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Dunki
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No_One Ever Really Dies

N*E*R*D

(I Am Other/Columbia)

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

RESULTS
%3Cp%3E%0D%3Cstrong%3E1.45pm%3A%3C%2Fstrong%3E%20Green%20Oasis%20Trading%20%E2%80%93%20Maiden%20(PA)%20Dh50%2C000%20(Dirt)%201%2C400m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Meeqat%2C%20Saif%20Al%20Balushi%20(jockey)%2C%20Khalifa%20Al%20Neyadi%20(trainer)%0D%3Cbr%3E%3Cstrong%3E2.15pm%3A%20%3C%2Fstrong%3EAl%20Shafar%20Investment%20%E2%80%93%20Maiden%20(TB)%20Dh60%2C000%20(D)%201%2C400m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Flying%20Hunter%2C%20Ray%20Dawson%2C%20Ahmad%20bin%20Harmash%0D%3Cbr%3E%3Cstrong%3E2.45pm%3A%20%3C%2Fstrong%3EThe%20Union%2051%20Cup%20%E2%80%93%20Handicap%20(TB)%20Dh84%2C000%20(D)%201%2C400m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Ibra%20Attack%2C%20Adrie%20de%20Vries%2C%20Ahmed%20Al%20Shemaili%0D%3Cbr%3E%3Cstrong%3E3.15pm%3A%3C%2Fstrong%3E%20ASCANA%20Thakaful%20%E2%80%93%20Maiden%20(TB)%20Dh60%2C000%20(D)%201%2C200m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Onda%20Ruggente%2C%20Royston%20Ffrench%2C%20Salem%20bin%20Ghadayer%0D%3Cbr%3E%3Cstrong%3E3.45pm%3A%20%3C%2Fstrong%3ECommercial%20Bank%20of%20Dubai%20%E2%80%93%20Handicap%20(TB)%20Dh76%2C000%20(D)%201%2C200m%0D%3Cbr%3EWinner%3A%20Dignity%20Joy%2C%20Antonio%20Fresu%2C%20Musabah%20Al%20Muhairi%0D%3Cbr%3E%3Cstrong%3E4.15pm%3A%20%3C%2Fstrong%3EDubai%20Real%20Estate%20Centre%20%E2%80%93%20Handicap%20(TB)%20Dh76%2C000%20(D)%201%2C600m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%3C%2Fstrong%3E%20Tolmount%2C%20Xavier%20Ziani%2C%20Salem%20bin%20Ghadayer%0D%3Cbr%3E%3Cstrong%3E4.45pm%3A%20%3C%2Fstrong%3EJebel%20Ali%20Racecourse%20%E2%80%93%20Handicap%20(TB)%20Dh84%2C000%20(D)%201%2C950m%0D%3Cbr%3E%3Cstrong%3EWinner%3A%20%3C%2Fstrong%3ERakeez%2C%20Tadhg%20O%E2%80%99Shea%2C%20Bhupat%20Seemar%3C%2Fp%3E%0A
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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment

But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.

MATCH INFO

Uefa Champions League semi-finals, first leg
Liverpool v Roma

When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome

Scoreline

Syria 1-1 Australia

Syria Al Somah 85'

Australia Kruse 40'

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait