Latest news with #Dh24
Al Etihad
23-04-2025
- Business
- Al Etihad
UAE advancing as global AI hub, says NVIDIA Regional Executive
23 Apr 2025 17:43 DUBAI (WAM)Ahmad Jamal, Regional Director of Artificial Intelligence Solutions at NVIDIA, affirmed that the UAE has made significant strides in establishing itself as a regional and global hub for artificial intelligence (AI). He noted that the country has transitioned from the phase of investing in infrastructure and technologies to a stage of achieving returns and productivity on both economic and technological a statement to Emirates News Agency (WAM) on the sidelines of the Dubai AI Festival, Jamal highlighted that the UAE has launched the UAE Artificial Intelligence Strategy 2031, which aims to increase AI's contribution to 14% of the country's GDP. This reflects a genuine shift toward a knowledge-based economy and embodies the ambitious vision of the UAE's wise explained that the Abu Dhabi government is working toward achieving 100% implementation of AI technologies in government entities by the year 2027. The strategy also aims to generate up to Dh24 billion in GDP from the AI sector over the next few added that the UAE was among the first countries to adopt a comprehensive approach to AI technologies, beginning with the establishment of the world's first Ministry of Artificial Intelligence in 2017 and the appointment of the first minister for this future-oriented technology. This laid the groundwork for rapid developments that have placed the UAE among the leading nations in the emphasised that the UAE is not only building advanced digital infrastructure but is also developing a fully integrated cybersecurity framework. He pointed to the launch of a Cybersecurity Center of Excellence in collaboration with Google as a key example. Jamal also noted that the world is currently witnessing a qualitative shift from generative AI to Artificial General Intelligence (AGI), and that the Dubai AI Festival is seeing the launch of a new AI model developed entirely in Dubai and set to be released globally. This underscores the UAE's pioneering role in shaping the future of artificial intelligence.
Gulf Insider
12-04-2025
- Business
- Gulf Insider
Dubai Gold Price's Record Stuns UAE Shoppers
The price of gold has crashed past $3,200 an ounce for the first time in history – and taking the Dubai gold rate to Dh358 a gram for 22K. The local gold price has now gone up by Dh24 on a gram basis in 4 days. (The Saudi price for a gram of 22K is SR361.) Nothing like this has happened before, say jewellery retailers, and adding that it will take a lot of convincing for people to buy at these levels. As for bullion prices, it was minutes ago that the $3,200/oz barrier was broken. In the process, it beat the earlier high of $3,171 – which was last evening UAE time. This comes after fresh concerns take over global markets as the intensified US-China trade war adds to the overall uncertainty. The US stocks ended down yesterday, while Asian markets have opened in the deep red this morning. Adding more uncertainty to the proceedings is a weakening of the dollar. Add all that up and you have reasons for the gold to shine at levels never seen before. 'Only gold bars' 'The only demand from UAE shoppers is for gold investment bars,' said Anil Dhanak, Managing Director of Kanz Jewels. 'Jewellery sales are at extremely low levels, and UAE shoppers are not even willing to consider gold exchanges. 'They now feel they have a better chance of getting more if they hold. The way gold's performing, what they say makes genuine sense. 'It won't be enough for jewellery retailers to say that gold's a safe haven asset, so keep buying.' 'Find new ways' to sell gold Other jewellery industry sources also say they will have to rework their promotions to get a response from shoppers. 'Gold price has reached a level where even making charge cuts won't be enough,' said one gold wholesaler. 'Even zero making charges may not be enough. 'It will take a Dh20-Dh30 a gram price drop to make shoppers feel they are getting a price they are comfortable with.' Even price difference will not be enough Tourists shopping for gold too has had a steep drop in recent days, finding prices too high a barrier for entry. 'UAE gold price has a 6% price advantage over India, but which used to be 15% until mid-2024,' said a jeweller. (The current price of a gram of 22 gram in India is Rs8,259.) 'A shopper from Saudi Arabia gets the 5% VAT refund when buying in UAE compared to 15% in the Kingdom,' said the jeweller. 'Even then, you can feel that shoppers are collectively thinking of waiting this out.'
Khaleej Times
17-03-2025
- Business
- Khaleej Times
Abu Dhabi: 15 new private nurseries to add 1,250 seats after getting licences; full list with fees
Fifteen private nurseries were given licences by Abu Dhabi Department of Education and Knowledge (Adek), providing residents with more options to nurture their children's early development and potential. The new educational facilities will add 1,250 seats across Abu Dhabi, Al Ain and Al Dhafra, the authority said on Monday. Here's a full list of the nurseries which got the licences: British Orchard Nursery in Al Nahyan - Abu Dhabi, with an average fee of Dh17,750 Apple Field Nursery, Al Manhal- Abu Dhabi, with average fees amounting to Dh24,000 British Home Nursery, Al Bahyah - Abu Dhabi, with average fees totaling Dh24,000 Little Hand Nursery, Al Aamerah - Al Ain, with average fees of Dh24,000 Learning Tree Nursery, Madinat Al Riyad - Abu Dhabi, with average fees at Dh25,000 Little Genius Nursery, Zayed City - Al Dhafra, with average fees of Dh25,900 Little Smarties Nursery, Khalifa City - Abu Dhabi, with average fees amounting to Dh26,000; Maple Tree International Nurseries, Reem Island - Abu Dhabi, with average fees totaling Dh26,550; Kids Fantasy Nursery, Mohamed bin Zayed City - Abu Dhabi, with average fees of Dh27,000 and Small Stars Nursery, Madinat Al Riyad - Abu Dhabi, with average fees of Dh30,000. Thinkers Planet Nurseries, Bani Yas - Abu Dhabi, with an average fee totaling Dh32,000; Tiny Dreams Nursery, Al Nahyan - Abu Dhabi, with an average fee amounting to Dh36,000; Jack and Jill Nursery, Al Raha - Abu Dhabi, with average fees being Dh45,000 and Redwood Nurseries in Al Kasir - Abu Dhabi with average fees at Dh51,375 Redwood Nurseries in Al Nahyan in Abu Dhabi with average fees at Dh51,375 ADEK carefully assessed multiple factors before granting approval to ensure these fees are reasonable and transparent. These include operational costs such as rent, staffing expenses to maintain appropriate child-to-teacher ratios and investments in educational materials and safety measures. Fees are also evaluated based on market trends and the sustainability of services. "By taking these factors into account, parents can be assured that nursery fees are structured to support a safe, engaging and developmentally enriching start for their children," Adek said in a statement. A total of 225 private nurseries with 27,791 seats provide nurturing environments that support children's cognitive, social, and emotional development during their formative years - critical for their future academic success and personal growth. On Friday, Abu Dhabi said it is designing an assessment system for services offered to young children, other than nurseries and schools. The assessment system will employ a set of criteria, based on global leading practices but customised to the UAE's culture, values and context.
Al Etihad
17-03-2025
- Business
- Al Etihad
Abu Dhabi Department of Education and Knowledge licenses 15 new private nurseries across the emirate
17 Mar 2025 12:10 ABU DHABI (ALETIHAD)Abu Dhabi Department of Education and Knowledge (ADEK) has licensed 15 new private nurseries 1,250 additional seats across Abu Dhabi, Al Ain, and Al new nurseries included British Orchard Nursery in Al Nahyan, Abu Dhabi, with an average fee of Dh17,750; Apple Field Nursery, Al Manhal, Abu Dhabi, with average fees amounting to Dh24,000; British Home Nursery, Al Bahyah, Abu Dhabi, with average fees totaling Dh24,000; Little Hand Nursery, Al Aamerah, Al Ain, with average fees of Dh24,000 and Learning Tree Nursery, Madinat Al Riyad, Abu Dhabi, with average fees at Dh25,000. The other newly licensed nurseries comprised Little Genius Nursery, Zayed City, Al Dhafra, with average fees of Dh25,900; Little Smarties Nursery, Khalifa City, Abu Dhabi, with average fees amounting to Dh26,000; Maple Tree International Nurseries, Reem Island, Abu Dhabi, with average fees totaling Dh26,550; Kids Fantasy Nursery, Mohamed bin Zayed City, Abu Dhabi, with average fees of Dh27,000 and Small Stars Nursery, Madinat Al Riyad, Abu Dhabi, with average fees of Dh30, five other nurseries included Thinkers Planet Nurseries, Bani Yas, Abu Dhabi, with an average fee totaling Dh32,000; Tiny Dreams Nursery, Al Nahyan, Abu Dhabi, with an average fee amounting to Dh36,000; Jack and Jill Nursery, Al Raha, Abu Dhabi, with average fees being Dh45,000 and Redwood Nurseries in Al Kasir and Al Nahyan in Abu Dhabi, with both nurseries' average fees being Dh51, carefully assessed multiple factors before granting approval to ensure these fees are reasonable and transparent. These include operational costs such as rent, staffing expenses to maintain appropriate child-to-teacher ratios and investments in educational materials and safety measures. Fees are also evaluated based on market trends and the sustainability of services. By taking these factors into account, parents can be assured that nursery fees are structured to support a safe, engaging and developmentally enriching start for their children. A total of 225 private nurseries with 27,791 seats provide nurturing environments that support children's cognitive, social, and emotional development during their formative years - critical for their future academic success and personal growth.
The National
28-02-2025
- Business
- The National
Education in Abu Dhabi is a collective responsibility
As we celebrate Emirati Day for Education today, we are reminded that education is more than just learning – it is the foundation that enables every breakthrough, innovation and advancement in our society. This year's celebration takes on special meaning as President Sheikh Mohamed has declared 2025 the Year of Community, emphasising how learning strengthens the bonds that drive our collective progress. At the Department of Government Enablement – Abu Dhabi (DGE), we see education as the bridge between today's challenges and tomorrow's opportunities. Our vision of Abu Dhabi becoming the world's first AI-native government by 2027 starts with empowering our people through learning. When we combine innovative technology with continuous education, we create pathways for everyone to grow, contribute and excel. The numbers tell a compelling story: Abu Dhabi aims to create more than 5,000 jobs and contribute Dh24 billion ($6.5 billion) to its gross domestic product through digital transformation. But behind these ambitious targets lies a more profound truth – success depends on our investment in human potential. The World Bank's Human Capital Index shows that nations prioritising education experience higher GDP growth and greater societal resilience. As AI technologies are projected to contribute $15.7 trillion to the global economy by 2030, we are ensuring that our workforce is ready to harness these opportunities. Our approach to education goes beyond traditional training. Through The Drive Programme, we are creating learning experiences that are as intuitive as modern technology and as personal as a conversation with a mentor. These programmes reflect the theme for this year's Emirati Day for Education – which is 'Education By Everyone, For Everyone' – by offering opportunities that empower government employees at all levels. When government employees gain new skills, they do not just advance their careers, they also enhance their ability to serve our community. This philosophy aligns with the 'Education By Everyone, For Everyone' theme. It underscores the belief that education is not just an individual responsibility but a collective responsibility, extending beyond formal institutions to involve families, communities and various sectors. By fostering inclusive educational environments, we ensure that learning opportunities are accessible to all, thereby enriching our society as a whole. Strategic partnerships amplify our impact. Our collaboration with IMA Middle East for the Certified Management Accountant programme ensures our financial professionals meet global standards. Our alliance with Microsoft is not just about technology adoption – it is about embedding AI capabilities across our workforce, enabling public servants to make smarter decisions and deliver better services. These collaborations reflect the collective effort required to build a skilled and future-ready workforce. The Strategic Capabilities Programme exemplifies our commitment to lifelong learning. By helping government leaders confidently navigate complexity, we are creating a ripple effect that touches every aspect of public service. Research from the Organisation for Economic Co-operation and Development confirms what we have long believed: continuous learning enhances individual capabilities and our entire economy's resilience and innovative capacity. When we talk about education at DGE, we are talking about transformation that works for everyone. Every course completed, every skill mastered, and every capability enhanced translates into better government services, more efficient processes and innovative solutions for our community. Education is not confined to classrooms – it happens in every interaction, every project, and every challenge that we tackle together. By fostering a culture of continuous learning, we are not just preparing for the future – we are actively creating it. Abu Dhabi's vision of an AI-native government is built on the foundation of human expertise, enhanced by technology but always guided by our commitment to serving people. This inclusive approach to learning ensures that no one is left behind in our journey towards progress. As we celebrate Emirati Day for Education, we are reminded that learning is our most powerful tool for progress. When we invest in education, we invest in our collective future. We are creating a government workforce that is not just ready for tomorrow's challenges – they are actively shaping solutions that benefit everyone. 'Education By Everyone, For Everyone' is more than a theme; it is a commitment to ensuring that knowledge and opportunity are accessible to all. After all, education is not just about individual achievement. It is about building a more capable, innovative and resilient Abu Dhabi. When learning thrives, government works better, innovation accelerates, and our entire community prospers. That is the transformative power of education, and that is what drives us every day at DGE.
