Latest news with #MoU
Time of India
a day ago
- Business
- Time of India
Industry 4.0 should be adopted in CPSEs for global competitiveness: Govt
New Delhi: Industry 4.0 is being considered for future incorporation into the Central Public Sector Enterprise (CPSE) MoU assessment framework, and that early adoption will be key to enhancing global competitiveness, the government has said. In a strategic step towards fostering innovation and smart manufacturing , the Department of Public Enterprises (DPE), Ministry of Finance, organised a workshop on Industry 4.0 here, which brought together experts, policymakers, and leadership of CPSEs to discuss strategies for adoption and scaling up of Industry 4.0 technologies across sectors like Energy, Power, Construction, Infrastructure, Telecom and Services. K. Moses Chalai, Secretary, Department of Public Enterprises, emphasised the importance of embracing the Fourth Industrial Revolution (4IR) as a national mission. In his address, Chalai underscored the need for a "Whole-of-CPSEs" (WoC) approach - on the lines of the "Whole-of-Government" framework - urging all CPSEs to collaborate in integrating 4IR enablers such as Artificial Intelligence (AI), Internet of Things (IoT), Digital Twins , 3D Printing, and 5G-enabled smart infrastructure into their operations. As part of expert presentations at the workshop, A. Anand, a deployment expert, shared rich experience in applications and field deployment of Digital Designing, Reverse Engineering, and 3D Printing across industry verticals, drawing from India's first 5G Labs and 3D Printing Centres of Excellence. Dr. Prabhjot Singh Sugga, Associate Professor at SPA, highlighted the transformative potential of Digital Twin platforms in infrastructure, plant management, and disaster resilience and Vidushi Chaturvedi, an AI expert, spoke on leveraging Artificial Intelligence and Machine Learning for predictive analytics, resource optimisation, and intelligent decision-making. The DPE reiterated its commitment to support CPSEs in leveraging Industry 4.0 for operational excellence and sustainable development. The workshop marks a significant step toward realising this vision through collective efforts and strategic implementation across the CPSE ecosystem, according to the government.
Zawya
3 days ago
- Business
- Zawya
AUS and ADPIC sign MoU empowering students to tackle real-world infrastructure challenges
Sharjah, UAE – American University of Sharjah (AUS) has signed a Memorandum of Understanding (MoU) with the Abu Dhabi Projects and Infrastructure Centre (ADPIC), a government entity responsible for overseeing the quality, safety and sustainable delivery of projects in the Emirate of Abu Dhabi. The agreement, signed in mid-June by Dr. Mohamed El-Tarhuni, Interim Vice Chancellor for Academic Affairs and Provost at AUS, and H.E. Engineer Maysarah Mahmoud Eid, Director General of ADPIC, sets the stage for future collaboration in research, student development and capital project planning. As part of the MOU, which was signed during the Abu Dhabi Infrastructure Summit (ADIS), the partners outline several broad areas of cooperation between AUS and ADPIC, including joint research, internship opportunities, student career events, and the integration of capital project management topics into selected academic courses at AUS. This collaboration directly supports ADPIC's long-term roadmap to advance infrastructure innovation and develop a skilled national workforce. AUS and ADPIC officials also agreed on a draft framework for the future exchange of information and the development of project-specific agreements. 'We are delighted to be partnering with ADPIC on this important initiative,' said Tod A. Laursen, Chancellor of AUS. 'This partnership creates exciting new avenues for our students to engage with real-world infrastructure challenges, while highlighting AUS' ongoing strong commitment to supporting the UAE's strategic development goals through our academic and research expertise.' His Excellency Maysarah Mahmoud Eid, Director General of ADPIC, said: "This MoU with AUS is a strategic imperative for Abu Dhabi's future. Our infrastructure ambitions demand a pipeline of highly skilled, innovative talent, and this partnership directly cultivates that by creating an integrated ecosystem where cutting-edge research meets practical application. By bridging academia with real-world capital projects, we are building physical assets while investing in intellectual capital that will drive the next generation of urban development across the UAE'. As the entity tasked with overseeing and coordinating all capital projects in the Emirate, ADPIC plays a pivotal role in shaping Abu Dhabi's infrastructure priorities, opening up a wealth of opportunities for AUS students across disciplines, from engineering and architecture to business and public policy. The MOU, which will remain in effect for two years, also promotes the inclusion of ADPIC expertise in student seminars and workshops and the exploration of future employment and training opportunities for AUS graduates. The agreement represents a significant step forward for both institutions, facilitating the integration of academic and research expertise with national development priorities. In doing so, it reinforces the vital role of higher education in shaping the future of the UAE's infrastructure landscape. About AUS American University of Sharjah (AUS) was founded in 1997 by His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the Supreme Council of the United Arab Emirates and Ruler of Sharjah. Sheikh Sultan articulated his vision of a distinctive institution against the backdrop of Islamic history and in the context of the aspirations and needs of contemporary society in the UAE and the Gulf region. Firmly grounded in principles of meritocracy and with a strong reputation for academic excellence, AUS has come to represent the very best in teaching and research, accredited internationally and recognized by employers the world over for creating graduates equipped with the knowledge, skills and drive to lead in the 21st century. AUS values learners not driven only by academic success, but by those that embrace our dynamic campus life and embody our ideals of openness, tolerance and respect. This combination of academic excellence and community spirit ensures AUS is filled with world-class faculty and students, poised to become the innovators, thinkers, contributors and leaders of tomorrow.
Deccan Herald
4 days ago
- Science
- Deccan Herald
Karnataka govt signs MoU with IISc to curb human-elephant conflict
Karnataka Minister Eshwar Khandre on Tuesday said the state government signed a Memorandum of Understanding (MoU) with the Indian Institute of Science (IISc) to use modern technology for conserving elephant corridors and habitats, aiming to reduce rising human-elephant conflict and protect crops of farmers living near forest fringes. The Forest Department, in collaboration with the IISc, is set to implement a five-year collaborative project titled "Landscape-Level Management of the Asian Elephant in the Mysore Elephant Reserve." The Rs 4.74 crore project will be funded by the Forest Department and monitored through biannual review meetings, annual reports, and a real-time data dashboard. Speaking at the MoU signing event, Khandre said the human-elephant conflict is particularly severe in regions like Hassan and Kodagu, leading to frequent crop loss and even fatalities. The department is taking all possible measures to address the issue, he said, adding that the conflict is now spreading to other regions as well. The agreement aims to protect elephant corridors and habitats by integrating environmental research with on-ground implementation. Karnataka is home to 6,395 wild elephants, making it one of the most significant elephant ranges in Asia. The project will use modern technologies such as satellite telemetry, camera traps, and GIS models to identify key corridors and obstacles to elephant movement. It will also assess the physical and stress levels of elephants by analysing hormones in dung samples. Additionally, the project will study crop damage patterns, monitor elephants involved in conflict, and raise awareness among farmers. As part of the initiative, research will focus on developing early warning systems that alert communities when elephants approach human settlements. It will also explore sound-based deterrents to drive elephants away safely. Forest officials said researchers from the department and IISc will collect data on elephant behaviour and movement to identify active corridors and predict future conflict zones over the next decade. The project will be implemented across major forest divisions and protected areas under the Mysore Elephant Reserve, including tiger reserves, national parks, wildlife sanctuaries, and adjoining agricultural zones. According to a statement from the Forest Department, the research will be conducted in collaboration with the Centre for Ecological Sciences (CES) at IISc, the Asian Nature Conservation Foundation, Foundation for Ecological Research, Advocacy and Learning (FERAL), and the National Institute of Advanced Studies (NIAS). The project will also support the development of innovative tools such as soft-release protocols for relocated elephants, GPS-zap collars, buzzers, and community-supported fencing to manage displaced elephants, the statement added.
Zawya
5 days ago
- Business
- Zawya
Jeddah Airports Company and Changi Airport Group sign strategic MoU to advance aviation excellence
Jeddah Airports Company signed a Memorandum of Understanding with Changi Airport Group, Monday July 14, in the presence of His Excellency Mr. Abdulaziz Al-Duailej, President of the General Authority of Civil Aviation (GACA), as part of his official visit to Singapore. The MoU was signed by Eng. Mazen Johar, Chief Executive Officer of Jeddah Airports Company, and Mr. Yam Kum Weng, Chief Executive Officer of Changi Airport Group. The two parties aim to enhance collaboration across key areas such as passenger experience, operational efficiency, safety and security, air connectivity, and the use of airport technology and automation. The MoU also includes plans to explore future programs, fostering closer ties and expertise transfer between the two organizations. While the MoU sets a framework for collaboration, it does not impose binding obligations on either party. This initiative reflects Jeddah Airports Company's commitment to elevating King Abdulaziz International Airport's global standing as a regional and international hub and supports the objectives of Saudi Arabia's aviation strategy under Vision 2030.
Zawya
6 days ago
- Business
- Zawya
Egypt: CBE, People's Bank of China sign MoU to boost financial cooperation
Arab Finance: The Central Bank of Egypt (CBE) signed a memorandum of understanding (MoU) with the People's Bank of China (PBoC) to strengthen banking and financial ties between the two countries, according to a press release. The agreement was inked between Hassan Abdalla, Governor of the CBE, and Pan Gongsheng, Governor of PBoC, to boost collaboration across various areas of mutual interest. Under the MoU, the two central banks will exchange information and professional expertise, as well as the training and development of staff. The areas of cooperation include monetary policy, financial markets, e-payments systems, financial and supervisory technologies, and banknote issuance. Furthermore, the agreement aims to encourage the use of local currency settlements for cross-border financial and trade transactions, in addition to facilitating direct investments between the two countries to foster economic integration. The deal, which also covers deepening cooperation on Central Bank Digital Currencies (CBDC), backs financial innovation by leveraging advanced technology through conducting joint research and studies, as well as exchanging technical information and expertise. 'This MoU reflects the evolution of the historic ties between Egypt and China. It demonstrates both institutions' commitment to strengthening partnerships between their respective financial institutions in light of global economic developments,' Abdalla stated. He also indicated that this step is expected to 'elevate economic cooperation to more advanced and effective levels.' For his part, Pan said: 'The signing of this MoU marks a pivotal step in advancing economic relations between Egypt and China.' 'This agreement will facilitate the sharing of best practices and regulatory coordination in both jurisdictions, creating an enabling environment to unlock the greater potential of bilateral financial cooperation,' he added. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
