Latest news with #DubaiAIFestival
Khaleej Times
27-04-2025
- Business
- Khaleej Times
AI expert captivates global leaders at Dubai AI Festival 2025
In an intellectually stimulating keynote address that drew global attention, Dr. Abdalla Kablan, award-winning AI expert, author, and serial entrepreneur, delivered a powerful session at the Dubai AI Festival 2025, redefining the future of technology through his groundbreaking concept: Artificial Wisdom. Held under the patronage of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, the Dubai AI Festival has emerged as one of the most prestigious global events exploring artificial intelligence's role in shaping tomorrow's digital economies. In his keynote titled 'Artificial Wisdom: The Future Beyond AI,' Dr. Kablan introduced a radical yet essential evolution in technological thinking, one that elevates machines from raw processing and data-driven decision-making to systems guided by ethics, empathy, and long-term value. 'Artificial Wisdom is the natural next step for humanity,' said Dr. Kablan during the session. 'It's where we stop asking what machines can do, and begin asking what they should do.' This philosophy infused with deep ethical awareness, human context, and societal responsibility resonated with an international audience of policymakers, technologists, investors, and innovators eager to reimagine how AI can be built not just to think, but to understand. A Global Technology Luminary With a career spanning entrepreneurship, academia, and government advisory, Dr. Abdalla Kablan has consistently stood at the intersection of technology and societal progress. Known for founding and exiting several high-impact tech ventures, he has also played a pivotal role in shaping national strategies on artificial intelligence and blockchain. A trusted voice in global innovation circles, Dr. Kablan is admired for his ability to translate complex ideas into visionary frameworks chief among them, Artificial Wisdom, a concept that continues to gain momentum among industry leaders, investors, and policymakers worldwide. The vision is already being implemented through his leadership at DELTA Wealth Partners, the AI-driven venture capital firm he founded and leads as CEO. With a unique mandate to invest in next-generation AI, deep-tech, and automation startups, DELTA Wealth Partners applies the principles of Artificial Wisdom to strategic, long-term investing. The firm's mission is to fund technologies that are not just powerful, but principled those that hold the potential to drive sustainable innovation and elevate society. Under Dr. Kablan's leadership, DELTA has become a force in the Middle East and globally, standing at the intersection of intelligent capital and conscious innovation.
Gulf Today
25-04-2025
- Business
- Gulf Today
DELTA wealth partners champions a wiser future at the Dubai AI Festival 2025
Gulf Network DELTA Wealth Partners (DWP), The AI driven leading venture capital firm fund management firm focused on transformative technologies, took centre stage at the Dubai AI Festival 2025—one of the world's premier gatherings of global technology leaders, investors, and policymakers. Held under the patronage of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, this year's event was themed 'Enabling Digital Economies,' and attracted key stakeholders shaping the future of artificial intelligence and innovation. A defining moment of the festival was the keynote delivered by Dr. Abdalla Kablan, Founder and CEO of DELTA Wealth Partners. In his visionary address titled 'Artificial Wisdom: The Future Beyond AI,' Dr. Kablan introduced his pioneering concept of Artificial Wisdom—a bold new evolution of AI that integrates ethical reasoning, contextual understanding, and long-term thinking into intelligent systems. Known as the 'Godfather of Artificial Wisdom,' Dr. Kablan challenged the audience to go beyond predictive efficiency and embrace a future where machines not only calculate, but also comprehend and align with human values. His speech was met with resounding acclaim from a diverse audience of founders, institutions, and ecosystem builders looking for a deeper, more principled approach to innovation. At the core of DWP's mission is this very ethos: to invest in AI, deep-tech, and automation startups that are disruptive, purposeful, and sustainable. 'We don't just invest in performance—we invest in purpose,' said Dr. Kablan. 'Artificial Wisdom is not just a philosophy; it is our investment framework.' The DELTA Difference lies in championing: Ethical, human-centric innovation Founders building responsible, resilient technologies Long-term value creation that benefits generations, not just quarters As artificial intelligence reshapes industries and economies, DELTA Wealth Partners is leading the charge toward responsible capital and visionary investing. Its presence at the Dubai AI Festival reaffirms a growing global appetite for venture capital that is as wise as it is ambitious. For more information or media inquiries, please contact [email protected] or visit
Khaleej Times
24-04-2025
- Business
- Khaleej Times
Dubai AI Festival draws global spotlight with a powerful day one
Dubai AI Festival, part of Dubai AI Week, under the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, UAE, kicked off to a resounding start on day one, setting the tone for what's quickly shaping up to be one of the region's most influential platforms for artificial intelligence and emerging technology. The festival is organised by Dubai AI Campus, in partnership with DIFC, Minister of State for Artificial Intelligence, and Digital Economy & Remote Work Applications Office to explore AI's transformative impact across industries. With over large number of participants from across the globe, the opening day was a celebration of innovation, talent, and global collaboration – all unfolding in the heart of Dubai at Madinat Jumeirah. From headline discussions led by global policymakers and tech leaders, to live demonstrations of AI-powered tools transforming real-world sectors, day one offered an immersive window into how the world is thinking, and building, with AI. Following a high-energy opening, day two of the Dubai AI Festival continues to draw global attention with a dynamic line-up of high-profile sessions, cutting-edge innovations, a buzzing exhibition floor, and unmatched networking opportunities. At the heart of the day's agenda is FutureTech – a bold platform showcasing the ideas, talent, and technologies shaping what's next in AI. FutureTech world cup – grand finale The global pitch-off reaches its climax as top AI start-ups from around the world go head-to-head for international exposure, Dubai AI Licence, prestigious rewards and opportunities, and the coveted title of FutureTech World Cup Champion. FutureTech launchpad A stage for bold thinking, this platform features cutting-edge AI applications, visionary research, and disruptive solutions presented by academics, government bodies, and enterprise innovators. FutureTech innovation programme An international challenge spotlighting university students who are applying AI to real-world problems - from public health to sustainability - and pushing the boundaries of next-generation innovation. FutureTech youth festival More than 500 university students from across the UAE are participating in immersive workshops, interactive sessions, and guided tours around the venue to explore the intersection of talent, education, and the future of work. FutureTech jobs An on-ground career hub connecting ambitious professionals and graduates with over 150 opportunities across AI, IT, tech and data - offered by regional and global employers shaping the future of digital work. The sponsors and partners of the festival include: Dubai Future Foundation and DAMAC as co-hosts. Al Fardan Exchange as founding partner. Presight as the industry leader. SENEN as 'Powered by' Sponsor. Prypco as the PropTech partner. EDGNEX Data Centres by DAMAC as the data centre partner. WILLBANAH as diamond sponsor. NIPA as the pavilion partner. EY, Microsoft, Magure, and Ignyte as the gold sponsors. Invest in Sharjah and Sharjah Research and Technology Innovation Park as the government partners. As the city continues to drive conversations around regulation, innovation, and responsible AI adoption, Dubai AI Festival stands as a powerful signal of where the future is being built and who's building it.
Hi Dubai
24-04-2025
- Business
- Hi Dubai
AI Integration Pays Off for DAMAC, Adding AED 200 Million to Collections
Ali Sajwani, Managing Director of DAMAC Properties, has revealed that artificial intelligence (AI) is playing a transformative role in reshaping the real estate landscape, delivering measurable financial and operational gains. During the Dubai AI Festival, Sajwani stated that AI has become central to strategic decision-making at DAMAC, touching every aspect of development—from sales and land selection to pricing, marketing, design, and customer service. One of the most notable impacts has been on financial collections. By integrating AI into its customer communication and payment tracking systems, DAMAC boosted its monthly collections by AED 200 million—a 20% increase. AI enabled the company to swiftly identify and address payment delays, replacing a previously manual review process that only covered 5 to 10% of transactions. Today, the system analyzes 100% of client data and interactions. Sajwani emphasized that AI's value now extends far beyond back-end operations. 'AI is no longer just a technical tool—it's integral to how we make decisions across the board,' he said. The technology's impact is also evident in customer satisfaction. DAMAC's score rose from 3.5 out of 5 at the start of 2024 to 4.5, thanks to faster, more personalized service powered by AI insights. As the real estate industry increasingly embraces innovation, DAMAC's experience highlights how AI is not just enhancing efficiency—it's redefining the future of property development. News Source: Emirates News Agency
Zawya
24-04-2025
- Business
- Zawya
AI drives major gains for Damac Properties, boosting collections by $54.45mln
DUBAI: Ali Sajwani, Managing Director of DAMAC Properties, affirmed that artificial intelligence (AI) has become a key driver in the development of the real estate sector. He noted that thanks to AI solutions, the company successfully increased its monthly financial collections by AED 200 million, representing a 20% growth, by enhancing customer communication management and swiftly and accurately analyzing the reasons behind payment delays. In a statement to Emirates News Agency (WAM) on the sidelines of the Dubai AI Festival, Sajwani explained that AI is no longer limited to technical aspects. It has become an essential tool in decision-making across all areas of real estate development, including sales, land selection, architectural design, pricing, marketing, and customer service. He further elaborated that applying AI in the collections process enabled the company to analyse and cover 100% of clients and transactions, whereas previously, the process was manual and staff only reviewed and analysed 5 to 10% of transactions. Sajwani also highlighted that AI and technology contributed to a notable improvement in customer satisfaction, with the score rising from 3.5 out of 5 at the beginning of 2024 to 4.5 out of 5 today.
