Author: dailyguardian.ae
Unmatched Performance. Silicon Freedom. Seamless access via Compass API. Powered by Compass API – run OpenAI’s open-weight models on your choice of leading GPUs and accelerators via an instant API. Optimized performance – Unmatched AI performance, with exceptional speed of up to 3,000 tokens per second per user, scalable for diverse AI workloads. For public sector, commercial, and developer workloads – delivers agentic, high-performance systems with scalable, sovereigncontrolled deployments. August 13, 2025, Abu Dhabi, United Arab Emirates: Core42, a G42 company specializing in sovereign cloud and AI infrastructure, announced the availability of OpenAI’s latest open-weight AI models, includinggpt-oss-20B and gpt-oss-120B, on the Core42…
Saudi Arabia and the UAE lead retail mutual fund growth, while Abu Dhabi and Kuwait’s SWFs manage the largest volume of assets in the region AuM in 2024 represents a 9% growth from 2023 Dubai, August 13, 2025 – The GCC’s asset management industry grew to $2.2trillion in Assets under Management (AuM) in 2024, a 9% increase from the previous year, according to the 23rd edition of the Global Asset Management report, titled “From Recovery to Reinvention” by Boston Consulting Group (BCG). In the retail mutual fund sector, Saudi Arabia and the UAE have been the principal contributors to growth.…
With schools closed for the summer, many parents are seeking new ways to keep children entertained, engaged, and mentally active without relying too heavily on screen time. While technology can aid education, too much screen time has been linked to weaker focus in children. However, when used well, technology offers new ways to foster creativity, expand access to knowledge, and help children develop social and communication skills, especially when the brain is growing rapidly and foundational skills are being established. At this important stage, families can explore devices that combine fun with skill-building to support healthy development. Yango Yasmina is…
From budget bites to curated dining weeks and community coffee pop-ups, DSS 2025 is giving homegrown SMEs a citywide stage Dubai, United Arab Emirates, 13 August 2025: Dubai is one of the world’s most exciting gastronomic destinations, serving up a mosaic of global flavours that reflect the emirate’s rich multicultural identity shaped by a population representing nearly 200 nationalities. With nearly 1,200 new restaurant licenses issued in 2024 alone[1], homegrown F&B brands are at the heart of Dubai’s culinary scene. Amplifying the city’s homegrown F&B talent are ongoing citywide initiatives like the Dubai Summer Surprises (DSS), empowering independent players to…
Profile of a strategic entrepreneur who has helped shape the course of international tourism. Javier Hidalgo, a Spanish entrepreneur with a distinguished career in the tourism sector, has left a significant mark on the international projection of Globalia and Air Europa. His leadership was defined by driving market diversification, modernizing operations, and continuously seeking strategic alliances to expand global connectivity. A Legacy of International Expansion During his tenure at the helm of Globalia, Javier Hidalgo promoted a vision focused on connecting Spain with strategic markets in the Americas, Africa, and Asia. This international perspective helped lay the groundwork for the…
HLV Ventures is redefining how investing works by putting accessibility and inclusion at the forefront of its mission. In a world where financial growth has largely been limited to those with the right connections or deep pockets, HLV Ventures, led by Michael Venturino, is taking bold steps to challenge that norm. The firm uses innovative models and technologies to empower emerging investors and ensure that wealth-building is not just reserved for the privileged few. With a strong focus on under-represented markets and communities, the company is not only making investments more accessible but also reshaping the culture around financial participation.…
Cloudera removes barriers to AI adoption by allowing organizations to run AI on their own data behind their firewall Dubai, UAE – 11th August, 2025: Cloudera, the only company bringing AI to data anywhere, today announced the latest release of Cloudera Data Services, bringing Private AI on premises and giving enterprises secure, GPU-accelerated generative AI capabilities behind their firewall. Concerns about keeping sensitive data and intellectual property secure is a key factor for what holds back AI adoption from enterprises across industries. According to Accenture, 77% of organizations lack the foundational data and AI security practices needed to safeguard critical…
Dubai, UAE – August 13, 2025– Tuum, the leading next-generation core banking provider, has been selected by Oliver Business Development (OBD) Holding to power its newly licensed e-banking services in the Middle East and Africa (MEA) called Uptex Bank. The partnership marks Tuum’s first customer in the Middle East and reinforces its strategy to support innovation-led financial institutions in fast-growing, regulated markets. Following the recent acquisition of its e-banking license, OBD is launching Uptex Bank, a suite of digital wallet and payment services designed to unify its growing financial ecosystem. This includes Uptex Broker, a forex and CFD broker in…
بن غاطي القابضة تدرج صكوكًا بقيمة 500 مليون دولار أمريكي في بورصة لندن الدكتور حسين بن غاطي يقود مراسم قرع جرس افتتاح التداول في بورصة لندن تسعير صكوك بن غاطي وفق اللائحة S بمعدل ربح 8.125% إصدار صكوك بقيمة 500 مليون دولار ضمن برنامج المجموعة الطموح لإصدار شهادات ائتمان تبلغ قيمتها الإجمالية 1.5 مليار دولار أمريكي. دبي، الإمارات العربية المتحدة، 13 أغسطس 2025 – احتفلت “بن غاطي” القابضة المحدودة (“بن غاطي القابضة”)، الشركة الرائدة في تطوير العقارات الفاخرة في دولة الإمارات،بإدراج إصدارها الأول من الصكوك الممتازة غير المضمونة لأجل خمس سنوات بقيمة 500 مليون دولار أمريكي في بورصة لندن، وذلك…
Dubai, UAE; 13August 2025 –The rapid growth of the PropTech market holds significant importance for the UAE as the country continues to position itself as a global hub for innovation, real estate, and smart urban living. By integrating cutting-edge technologies such as AI, blockchain, Internet of Things (IoT), as well as Virtual Reality (VR) and Augmented Reality (AR), this will help drive enhanced efficiency, transparency, and customer experience across the real estate sector. The UAE’sPropTech sector, which was valued at AED 2.24 billion in 2024 is expected to nearly triple and reach AED 5.69 billion by 2030 at a Compounded…