Latest news with #DigitalInnovation
Toronto Star
a day ago
- Automotive
- Toronto Star
Tech Update: Feds announce funding for a fleet of promising decarbonization projects
Toronto's garbage trucks are about to become less wasteful. Thanks to a collaboration between the city of Toronto and Quebec-based Effenco, 60 of the city's waste-collection vehicles will be converted into hybrid models — with the aim of eventually transitioning toward a fully electric system. The Repower Project has the potential to dramatically reduce the emissions and fuel consumption of Toronto's waste-collection fleet. It is one of several ambitious initiatives that will receive funding as part of a federal government strategy to decarbonize the transportation sector. Last week, Minister of AI and Digital Innovation Evan Solomon announced plans to distribute $21 million in funding to projects including a low-energy defrosting and defogging system for commercial EV trucks in Oakville, a McMaster University-developed AI-powered tool kit for EV bus optimization and charging for Canadian public transit agencies. The city of Toronto will receive $4.97 million to support the transformation of its garbage truck fleet. The hope is that these investments will help address market barriers and increase adoption of lower-emission medium- to heavy-duty vehicles that are particularly well suited to the Canadian landscape, as Solomon explained in a statement: 'We're enabling homegrown breakthroughs — right here in the GTA and southwestern Ontario — that are driving electric vehicle performance, safety and reliability in uniquely Canadian conditions.'
Saudi Press
3 days ago
- Business
- Saudi Press
EventTech Meetup in Riyadh to Kick off on August 10 to Promote Digital Innovation
EventTech Meetup in Riyadh to Kick off on August 10 to Promote Digital Innovation 5 hours ago Voice reader
Cision Canada
29-07-2025
- Business
- Cision Canada
/R E P E A T -- Media advisory - Minister Solomon to give remarks at groundbreaking ceremony for new Carbon Upcycling facility/ Français
MISSISSAUGA, ON, July 28, 2025 /CNW/ - The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario, will give remarks at a groundbreaking ceremony for Carbon Upcycling's new facility. He will speak on behalf on the Honourable Melanie Joly, Minister of Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions. Following the ceremony, Minister Solomon will host a brief media scrum. Date: Tuesday, July 29, 2025 Time: 10AM ET Location: Mississauga, Ontario Members of the media are asked to contact ISED Media Relations at [email protected] to receive event location details and confirm their attendance. Stay connected Find more services and information on the Innovation, Science and Economic Development Canada website. SOURCE Innovation, Science and Economic Development Canada Contacts: Sofia Ouslis, Press Secretary l Office of the Minister of Artificial Intelligence, Digital Innovation and Federal Economic Development Agency of Southern Ontario, Attachée de presse l Ministre de l'IA, de l'Innovation numérique et de l'Agence fédérale de développement économique pour le Sud de l'Ontario, 343-542-0152 l [email protected]; Media Relations, Innovation, Science and Economic Development Canada, [email protected]
Zawya
16-07-2025
- Automotive
- Zawya
QIC wins Customer Experience Initiative of the Year title at Insurance Asia Awards
Doha, Qatar: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been awarded the 'Customer Experience Initiative of the Year in Qatar' title at the 2025 Insurance Asia Awards. The accolade was announced during the program's annual awards ceremony held last week in Singapore, attended by representatives from leading insurers across the continent. This prestigious recognition underscores QIC's success in delivering a seamless and innovative customer journey through its QIC App, the company's flagship platform. Designed to cover the daily digital needs of everyone in Qatar, the app has significantly simplified users' experiences, enabling them to instantly understand their coverage needs, purchase policies in just a few clicks, and conveniently access a suite of non-insurance services related to everyday life. Commenting on the award, Mr. Salem Al Mannai, Group CEO of QIC, said: 'We are honored to be recognized once again by one of the most respected insurance award programs in Asia, and to see our solutions acknowledged by a panel of renowned industry experts. This achievement affirms the strength of QIC's digital strategy, and our ongoing commitment to enhancing the customer journey with cutting-edge, user-centric solutions. Our investment in digital innovation over the past few years has allowed us to consistently deliver better access to the best coverage for everyone in Qatar, and we look forward to building on this momentum and setting new benchmarks for digital excellence at local and regional levels.' QIC App is the first and only platform of its kind in Qatar, offering integrated insurance and non-insurance features through a single interface. Whether it's purchasing or managing policies, paying installments, or submitting and tracking claims, the app offers a comprehensive digital ecosystem for all insurance needs. QIC App also includes value-added solutions such as a car marketplace, car rentals, repair and detailing services, and other features designed to enhance convenience and peace of mind for customers across the country. Insurance Asia Magazine is a biannual publication based in Singapore, providing in-depth insights into the Asian insurance sector through news, interviews, and expert analysis. The magazine's Insurance Asia Awards is one of the most prestigious award programs continent-wide, recognizing insurers that have achieved outstanding milestones, introduced innovations, and set new industry benchmarks. To learn more about QIC App or to download the application, visit
Zawya
15-07-2025
- Business
- Zawya
Board of Directors of the Financial Stability Council holds first meeting of 2025
Abu Dhabi: The Board of Directors of the Financial Stability Council held its first meeting of 2025 virtually, chaired by H.E. Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs. The meeting was attended by Board members, including H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE); HE. Mohamed Ali AL Shorafa Al Hammadi, Chairman of the Securities and Commodities Authority; H.E. Ahmed Jasim Alzaabi, Chairman of the Abu Dhabi Global Market; Mr. Fadhel Al Ali, Chairman of Dubai Financial Services Authority; H.E. Younis Haji Al Khoori, Undersecretary of the Ministry of Finance; and H.E. Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the CBUAE. The Board reviewed the topics on the meeting's agenda and the progress of implementing decisions and directives issued by the Board, as well as reports from the relevant financial regulatory authorities concerning financial stability, developments of the local and global financial system, and the status of financial markets in light of current conditions. The Board members also discussed the Financial Stability Council's work programme for 2025–2026, during which a decision was adopted to establish a Technical Advisory Committee responsible for overseeing technical matters related to financial stability. In addition, the formation of three working groups was approved: The Digital Innovation Working Group, mandated to monitor market developments, assess risks, and provide policy recommendations aimed at safeguarding financial stability, while preserving the gains of digital innovation. The Non-Bank Financial Intermediation Working Group, tasked with conducting a comprehensive review of the non-bank financial intermediation sector to identify and study the current situation, assess systemic risks, and identify regulatory opportunities. The Data Development Working Group, responsible for reviewing data management practices, providing recommendations, and expanding the scope of data coverage related to financial stability.
