Dubai Holding

DUBAI HOLDING OPENS SUBMISSIONS FOR THE 'INNOVATE FOR TOMORROW' GLOBAL SUSTAINABILITY CHALLENGE

Retrieved on: 
Thursday, March 7, 2024

DUBAI, UAE, March 7, 2024 /PRNewswire/ -- Dubai Holding , a diversified global investment company with investments in 31 countries, is accepting applications to its 'Innovate for Tomorrow Challenge', inviting global innovators to share scalable and impact-driven solutions addressing critical sustainability challenges in the UAE.

Key Points: 
  • DUBAI, UAE, March 7, 2024 /PRNewswire/ -- Dubai Holding , a diversified global investment company with investments in 31 countries, is accepting applications to its 'Innovate for Tomorrow Challenge', inviting global innovators to share scalable and impact-driven solutions addressing critical sustainability challenges in the UAE.
  • The pioneering challenge aims to support entrepreneurial talent to develop future-focused sustainability solutions that can help drive a circular economy in the UAE and accelerate its path towards net-zero.
  • Spearheaded by Dubai Holding, the initiative is implemented in collaboration with TECOM Group's in5 business incubator.
  • Huda Buhumaid, Chief Impact Officer, Dubai Holding, said: "As a socially responsible business that operates For the Good of Tomorrow, sustainability is at the forefront of our operations across Dubai Holding.

The Fifth Annual Milken Institute Middle East and Africa Summit Returns to Abu Dhabi

Retrieved on: 
Thursday, December 7, 2023

The Milken Institute’s fifth annual Middle East and Africa (MEA) Summit will take place December 7-8, 2023 at the Rosewood Hotel Abu Dhabi.

Key Points: 
  • The Milken Institute’s fifth annual Middle East and Africa (MEA) Summit will take place December 7-8, 2023 at the Rosewood Hotel Abu Dhabi.
  • "This year’s Middle East and Africa Summit will focus on solutions to some of the challenges in the region that have global import," said Richard Ditizio , CEO of the Milken Institute.
  • The Milken Institute has a long-standing commitment to advancing solutions to global issues, and the MEA Summit is a testament to that commitment.
  • The Milken Institute will live-stream the Middle East and Africa Summit public sessions, expanding access to the event.

Vector Database Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 /PRNewswire/ -- The global Vector Database Market size is expected to grow from USD 1.5 billion in 2023 to USD 4.3 billion by 2028 at a CAGR of 23.3% during the forecast period, according to a new report by MarketsandMarkets™. As AI and machine learning applications grow, vector databases are crucial in storing and querying high-dimensional data, such as embeddings from deep learning models. This trend will persist as AI and ML adoption expands.

Key Points: 
  • In the Natural Language Processing (NLP) context, the Vector Database Market is a rapidly evolving sector driven by various factors.
  • Vector database is instrumental in NLP applications for efficient storage, retrieval, and querying of high-dimensional vector representations of textual data.
  • The growth of the Vector Database Market in NLP is due to the increasing importance of efficient text data management and retrieval.
  • Additionally, enterprises' increased acceptance of vector database technologies to market their products modernly has been the key factor driving the growth of the Vector Database Market in North America.

Vector Database Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 /PRNewswire/ -- The global Vector Database Market size is expected to grow from USD 1.5 billion in 2023 to USD 4.3 billion by 2028 at a CAGR of 23.3% during the forecast period, according to a new report by MarketsandMarkets™. As AI and machine learning applications grow, vector databases are crucial in storing and querying high-dimensional data, such as embeddings from deep learning models. This trend will persist as AI and ML adoption expands.

Key Points: 
  • In the Natural Language Processing (NLP) context, the Vector Database Market is a rapidly evolving sector driven by various factors.
  • Vector database is instrumental in NLP applications for efficient storage, retrieval, and querying of high-dimensional vector representations of textual data.
  • The growth of the Vector Database Market in NLP is due to the increasing importance of efficient text data management and retrieval.
  • Additionally, enterprises' increased acceptance of vector database technologies to market their products modernly has been the key factor driving the growth of the Vector Database Market in North America.

Merex Investment Introduces J1 Beach – An Internationally-Renowned Beach Resort as Part of La Mer South Redevelopment

Retrieved on: 
Tuesday, December 13, 2022

Asset management firm Merex Investment has announced a redevelopment of La Mer South, which will be named J1 Beach, with the addition of three brand new seaside experiences Gigi Rigolatto, Boli and Sirene Beach by Gaia and 10 upscale restaurants that visitors can enjoy from sunrise to sunset.

Key Points: 
  • Asset management firm Merex Investment has announced a redevelopment of La Mer South, which will be named J1 Beach, with the addition of three brand new seaside experiences Gigi Rigolatto, Boli and Sirene Beach by Gaia and 10 upscale restaurants that visitors can enjoy from sunrise to sunset.
  • The new restaurants for the J1 Beach development will make their debut in the UAE and will be completely licensed with day-to-night trade.
  • The three new additions to J1 Beach will support the growth of local and global partners through the delivery of holistic, convenient and diverse lifestyle assets.
  • Merex Investment is firmly established as a partner of choice for local entrepreneurs as well as regional and global businesses.

Jumeirah Group and Incode Technologies Announce Strategic Partnership to Shape Hospitality Experiences of the Future

Retrieved on: 
Tuesday, May 10, 2022

Jumeirah Group, the global luxury hospitality company and member of Dubai Holding, has announced a strategic partnership with Incode Technologies, the industry-leader in identity verification and authentication for global enterprises, to transform hospitality expectations and further innovate the guest experience.

Key Points: 
  • Jumeirah Group, the global luxury hospitality company and member of Dubai Holding, has announced a strategic partnership with Incode Technologies, the industry-leader in identity verification and authentication for global enterprises, to transform hospitality expectations and further innovate the guest experience.
  • Designed to provide a seamless experience from the moment a guest steps foot in a Jumeirah hotel or resort, the partnership with Incode will tackle this challenge head-on through enhanced digital and biometric technology.
  • In accordance with best practices to ensure privacy and security, the system uses their identity to customise and create truly personalised experiences, on and off property.
  • The two companies share a vision to disrupt todays hospitality experience, where generic and disjointed experiences remain pervasive.

Visa and PopID Form Partnership to Launch Facial Verification Payments in the Middle East

Retrieved on: 
Tuesday, April 5, 2022

PASADENA, Calif. and DUBAI, UAE, April 5, 2022 /PRNewswire/ -- PopID, a consumer authentication service, and Visa (NYSE: V), the world's leader in digital payments, announced a partnership to collaborate on launching facial verification payment acceptance in the Middle East region.

Key Points: 
  • PASADENA, Calif. and DUBAI, UAE, April 5, 2022 /PRNewswire/ -- PopID, a consumer authentication service, and Visa (NYSE: V), the world's leader in digital payments, announced a partnership to collaborate on launching facial verification payment acceptance in the Middle East region.
  • The goal of the partnership is to provide cardholders with new safe, secure, and innovative ways to pay.
  • "Facial biometric payments are at the forefront of payments innovation, providing cardholders a fast, seamless and most importantly, secure way to authenticate and make a payment," said Akshay Chopra, Head of Visa CEMEA Innovation & Design.
  • "From across our partner network, we've seen heightened interest in co-creating new facial and biometric payments moments.

Visa and PopID Form Partnership to Launch Facial Verification Payments in the Middle East

Retrieved on: 
Tuesday, April 5, 2022

PASADENA, Calif. and DUBAI, UAE, April 5, 2022 /PRNewswire/ -- PopID, a consumer authentication service, and Visa (NYSE: V), the world's leader in digital payments, announced a partnership to collaborate on launching facial verification payment acceptance in the Middle East region.

Key Points: 
  • PASADENA, Calif. and DUBAI, UAE, April 5, 2022 /PRNewswire/ -- PopID, a consumer authentication service, and Visa (NYSE: V), the world's leader in digital payments, announced a partnership to collaborate on launching facial verification payment acceptance in the Middle East region.
  • The goal of the partnership is to provide cardholders with new safe, secure, and innovative ways to pay.
  • "Facial biometric payments are at the forefront of payments innovation, providing cardholders a fast, seamless and most importantly, secure way to authenticate and make a payment," said Akshay Chopra, Head of Visa CEMEA Innovation & Design.
  • "From across our partner network, we've seen heightened interest in co-creating new facial and biometric payments moments.

Simfoni Spend Automation Recognized as a Digital Procurement Pioneer

Retrieved on: 
Thursday, November 18, 2021

Simfoni Spend Automation is the world's most accessible spend management platform, simplifying the way businesses source and buy materials and supplies.

Key Points: 
  • Simfoni Spend Automation is the world's most accessible spend management platform, simplifying the way businesses source and buy materials and supplies.
  • "Simfoni's Spend Automation platform provides a value-driven alternative for overburdened and understaffed procurement and finance teams who spend the vast majority of their time, resources, and talent focused on the organizations high-value, strategic sourcing initiatives," said David Bush, CEO, Simfoni Spend Automation.
  • Simfoni Spend Automation provides a future-ready approach to spend management that helps to control all types of spend.
  • In addition to ProcureTech100, Simfoni was recently recognized as a leader in the Spend Matters Fall 2021 Solutions Map for Spend Analytics .

The Talent Enterprise: The Thriving Index® is Now a British Psychological Society (BPS) Registered Test

Retrieved on: 
Thursday, November 4, 2021

DUBAI, UAE, Nov. 4, 2021 /PRNewswire/ -- The Talent Enterprise is absolutely delighted to announce that The Thriving Index® is now a BPS Registered Test. The tool is a product of over 10 years of research and large-scale validation studies and is used by over 250+ organisations across the world for their career guidance, talent acquisition, high potential identification, succession planning and leadership development priorities. The test registration status by the BPS reaffirms the scientific rigour, psychological research and international testing standards on which The Thriving Index® has been developed.

Key Points: 
  • DUBAI, UAE, Nov. 4, 2021 /PRNewswire/ -- The Talent Enterprise is absolutely delighted to announce that The Thriving Index is now a BPS Registered Test.
  • The test registration status by the BPS reaffirms the scientific rigour, psychological research and international testing standards on which The Thriving Index has been developed.
  • "The Thriving Index is grounded in the latest research and application of positive psychology and behavioural science and has many firsts.
  • SUMMARY: The Talent Enterprise's newest, BPS-registered psychometric assessment tool, The Thriving Index , is redefining recruitment and development.