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Category: TECHNOLOGY

Posted on 14/02/2021

Dubai-based insurance firm Aman confirms closure of ‘unprofitable’ branches

Dubai Islamic Insurance and Reinsurance Company (Aman) said Sunday it will “relentlessly” work on its new investment strategy and optimise its business processes this year. The firm, which reported a …
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Posted on 14/02/2021

United Arab Emirates publishes first photo from Mars probe

The United Arab Emirates on Sunday published the first image for its Mars probe now circling the red planet. The picture, taken Wednesday, shows sunlight just coming across the surface of Mars. It …
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Posted on 14/02/2021

FlexxPay raises $3m in pre-series A round to enhance technology platform

FlexxPay, a cloud-based B2B fintech employee benefits platform has raised $3m in a pre-series A round. FlexxPay enables access to already-earned income (salaries, commissions, pensions and end of …
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Posted on 14/02/2021

UAE’s Aldar Estates acquires Asteco Property Management

Aldar Estates now manages more than 32,000 units under property management and nearly 28,000 units under owners’ association management.
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Posted on 13/02/2021

mohammed bin rashid al maktoum solar park

Export Development Canada (EDC) announced Thursday that it has committed US$72 million in financing within the larger US$655 million senior project finance banking facilities for the third phase of …
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Posted on 13/02/2021

UAE Mars mission: Success of Hope Probe overwhelms world media

The success of the Hope Probe’s Mars Orbit Insertion (MOI) has brought the UAE under the spotlight once again with #ArabsToMars topping trends: a whopping 2.7 billion engagements around the world. The …
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Posted on 12/02/2021

UAE transforms into a significant 21st-century space nation

(The author is a former ISRO senior scientist and Aramco-endowed Chair of technology. He has authored 300 scientific papers and has received several awards for Science and Technology …
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Posted on 12/02/2021

PTCL Group successfully tests 5G technology

Group Thursday successfully tested 5G technology in a limited environment on a non-commercial basis. The trial was conducted at a special ceremony held at the PTCL Headquarters, which was also …
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Posted on 11/02/2021

How the Bio fabrication Technologies are Promoting the Growth of Tissue Engineered Skin Substitute Market: Future Market Insights Report Analyzes

Key players have deduced the latest advancements in the wound management space to be the prominent factor in expansion of the tissue engineered skin substitute market. DUBAI, UAE / ACCESSWIRE / …
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Posted on 11/02/2021

Covid-19: Migrant workers stuck in Dubai after Saudi and Kuwait travel ban

Thousands of mainly poorer workers are in a desperate situation, unable to reach their jobs before visas expire …
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Posted on 11/02/2021

How Britain is supercharging the UAE’s artificial intelligence ambitions

Artificial intelligence (AI) partnerships and investments are likely to increase significantly between the UK and the UAE in the coming years, according to officials. Britain is set to ramp up its …
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Posted on 10/02/2021

Dubai Cloud Kitchen Startup Plots Saudi, Southeast Asia Push

Dubai-based Kitopi, a technology startup which runs so-called cloud-kitchens, is set to raise more money from investors later this year as it plans to expand in Saudi Arabia and launch in Southeast …
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Posted on 10/02/2021

The UAE’s Hope probe has successfully arrived in orbit around Mars

If the Emirates Mars Mission succeeds, the UAE’s space program will become just the fifth in the world to reach the Red Planet Update 11:20 a.m. Eastern: The Hope probe is officially in orbit around …
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Posted on 10/02/2021

Video: Robots to deliver food, groceries in Dubai this year

Robots will soon start delivering groceries and food to Dubai homes, as a Turkish firm is set to launch its last-mile delivery bots in the UAE.Ali Kutay Yarali, founder and CEO of Delivers AI, a …
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Posted on 10/02/2021

Rystad Energy: UAE set for solar growth

Rystad Energy, evaluating activity in the country, expects solar PV capacity to reach 8.5 GW in the UAE by the end of 2025, being by far the technology that will contribute the most to diversifying …
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Posted on 10/02/2021

Your Dubai airport experience will be a little different next time you travel

It’s no secret that the travel industry as we know it has been turned on its head post-pandemic. Masks are […] …
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Posted on 10/02/2021

Oracle study: 70% of UAE residents trust robots more than humans to manage finance

Research shows growing confidence among consumers and business leaders that automation and AI tools handle financial tasks better than people …
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