Latest news with #UAEInnovates2025
Web Release
08-03-2025
- Business
- Web Release
Ministry of Economy hosts workshop to unveil the new national talent attraction and retention strategy 2031
The Ministry of Economy hosted the 'Future of Jobs' workshop in collaboration with Integra Seven, a leading UAE-based public policy research and consulting firm. The session brought together representatives from 14 key economic entities and companies across the country. The workshop focused on empowering, attracting, and retaining talented individuals in the country, in line with this year's UAE Innovation Month themed 'UAE Innovates 2025', reinforcing the country's position as a global leader in innovation across various economic sectors. H.E. Juma Mohammed Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, emphasized the UAE's continued efforts to achieve its vision to become the best global destination for talented individuals and innovators. This commitment strengthens the country's knowledge- and innovation-driven economic model and reinforces its leadership in attracting and retaining global talent. These efforts include the adoption of strategic initiatives and policies that contribute the development of an attractive environment to attract companies and individuals, thus enhancing their contribution to the sustainable growth of the national economy. The workshop witnessed the launch of the UAE National Talent Attraction and Retention Strategy 2024-2027 and provided participants with key insights into its objectives. Attendees witnessed the unveiling of 17 groundbreaking projects and initiatives that reinforce the nation's unwavering commitment to cultivating a dynamic and competitive environment for talents to thrive. These efforts aim to cement the UAE's status as the ultimate destination where ideas and talents transform into regionally and globally successful ventures. The workshop also served as a valuable opportunity for networking and facilitating the exchange of insights and expertise among key decision-makers from participating entities and companies, including talent leaders from Emirates Integrated Telecommunications Company (Du), Emirates Airlines, DHL, C3 – Companies for Good, Cigna Healthcare, Ahoy Technology, Tarjama, Al Tamimi & Company, First Abu Dhabi Bank (FAB), Infosys, and GrubTech. Their contributions and expertise enriched the dialogue, ensuring a holistic approach to the aspirations and requirements of the future. Natalia Sycheva, Managing Director of Integra Seven, emphasized the importance of private-public collaboration, saying, 'Through this workshop, we not only identified the challenges but also co-created innovative solutions. It provided a valuable opportunity to foster dialogue and cooperation between industry leaders and policymakers in the UAE.' The initiative builds on the high-level events recently organized by the Ministry of Economy, reinforcing its commitment to fostering continuous dialogue with private and public sector stakeholders in both strategy development and implementation.
Zawya
07-03-2025
- Business
- Zawya
Ministry of Economy hosts workshop to unveil the new national talent attraction and retention strategy 2031
17 projects and initiatives were presented, outlining the nation's approach to achieving the vision Abu Dhabi, UAE: The Ministry of Economy hosted the 'Future of Jobs' workshop in collaboration with Integra Seven, a leading UAE-based public policy research and consulting firm. The session brought together representatives from 14 key economic entities and companies across the country. The workshop focused on empowering, attracting, and retaining talented individuals in the country, in line with this year's UAE Innovation Month themed 'UAE Innovates 2025', reinforcing the country's position as a global leader in innovation across various economic sectors. H.E. Juma Mohammed Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, emphasized the UAE's continued efforts to achieve its vision to become the best global destination for talented individuals and innovators. This commitment strengthens the country's knowledge- and innovation-driven economic model and reinforces its leadership in attracting and retaining global talent. These efforts include the adoption of strategic initiatives and policies that contribute the development of an attractive environment to attract companies and individuals, thus enhancing their contribution to the sustainable growth of the national economy. The workshop witnessed the launch of the UAE National Talent Attraction and Retention Strategy 2024-2027 and provided participants with key insights into its objectives. Attendees witnessed the unveiling of 17 groundbreaking projects and initiatives that reinforce the nation's unwavering commitment to cultivating a dynamic and competitive environment for talents to thrive. These efforts aim to cement the UAE's status as the ultimate destination where ideas and talents transform into regionally and globally successful ventures. The workshop also served as a valuable opportunity for networking and facilitating the exchange of insights and expertise among key decision-makers from participating entities and companies, including talent leaders from Emirates Integrated Telecommunications Company (Du), Emirates Airlines, DHL, C3 - Companies for Good, Cigna Healthcare, Ahoy Technology, Tarjama, Al Tamimi & Company, First Abu Dhabi Bank (FAB), Infosys, and GrubTech. Their contributions and expertise enriched the dialogue, ensuring a holistic approach to the aspirations and requirements of the future. Natalia Sycheva, Managing Director of Integra Seven, emphasized the importance of private-public collaboration, saying, 'Through this workshop, we not only identified the challenges but also co-created innovative solutions. It provided a valuable opportunity to foster dialogue and cooperation between industry leaders and policymakers in the UAE." The initiative builds on the high-level events recently organized by the Ministry of Economy, reinforcing its commitment to fostering continuous dialogue with private and public sector stakeholders in both strategy development and implementation. About Integra Seven: An international public policy and business transformation firm headquartered in the UAE. Specializing in the future of the economy, talent, and trade, the firm partners with governments, businesses, and international organizations to develop forward-thinking strategies that drive sustainable growth. Through its expertise in policy design, market intelligence, and stakeholder engagement, Integra Seven plays a pivotal role in shaping innovative solutions that enhance economic resilience and global competitiveness.
Mid East Info
04-03-2025
- Business
- Mid East Info
FTA Organises 'Tax Hackathon' to Foster Innovation in the Tax Sector Through Artificial Intelligence Technologies
At the conclusion of the UAE Innovation Month activities, 'UAE Innovates 2025' H.E. Khalid Al Bustani: 'The Hackathon is an inspiring platform that offers participants a unique opportunity to contribute to shaping the future of digital taxation.' Abu Dhabi,March 2025: As part of the UAE Innovation Month (UAE Innovates 2025) and the Year of Community, the Federal Tax Authority has announced the organisation of the InnoTAX 2025 AI Hackathon. Held over two days, on 26 and 27 February 2025, at Al Shindagha Museum in Dubai, the hackathon aimed to develop innovative technological solutions to address challenges in the tax sector while fostering collaboration and innovation between the public and private sectors. During the event, the Authority highlighted the participating projects and innovative technological solutions aimed at leveraging advanced technologies such as artificial intelligence, big data, and cloud computing to enhance tax services. Since announcing the Hackathon, the Authority has received a range of projects focused on enhancing the taxpayer experience through artificial intelligence, promoting tax awareness, and applying AI to tax compliance. The Hackathon targeted a diverse group of participants, including developers, AI specialists, designers, and data scientists, as well as university students, researchers, faculty members, entrepreneurs, tax experts, and fintech innovators. On this occasion, H.E. Khalid Ali Al Bustani, Director General of the Federal Tax Authority, stated: 'The Authority is committed to actively participating in UAE Innovation Month and the Year of Community, driven by our firm belief that innovation is a fundamental pillar for developing and enhancing the efficiency of the tax sector. This Hackathon reflects our dedication to fostering innovation in taxation by leveraging the latest artificial intelligence technologies and developing innovative technological solutions to address challenges in the sector.' He added: 'The Hackathon serves as an inspiring platform that provides participants with a unique opportunity to contribute to shaping the future of digital taxation. Through the innovative ideas and projects presented, we aim to support the advancement of the UAE's tax system.' On the final day of the Hackathon, the Authority received many project submissions. A panel consisting of experts and representatives from the Authority evaluated the proposed projects and solutions, recognising the top three innovative solutions. The evaluation process followed strict criteria, including creativity and innovation, the quality and usability of the solution, and the extent to which the technology utilised artificial intelligence, blockchain, or automation. Additionally, the assessment considered the impact and benefits of the solution, its feasibility and applicability, as well as the clarity, strength, and persuasiveness of the presentation.
Zawya
04-03-2025
- Business
- Zawya
FTA organises "Tax Hackathon" to foster innovation in the tax sector through AI technologies
H.E. Khalid Al Bustani: "The Hackathon is an inspiring platform that offers participants a unique opportunity to contribute to shaping the future of digital taxation." Abu Dhabi: As part of the UAE Innovation Month (UAE Innovates 2025) and the Year of Community, the Federal Tax Authority has announced the organisation of the InnoTAX 2025 AI Hackathon. Held over two days, on 26 and 27 February 2025, at Al Shindagha Museum in Dubai, the hackathon aimed to develop innovative technological solutions to address challenges in the tax sector while fostering collaboration and innovation between the public and private sectors. During the event, the Authority highlighted the participating projects and innovative technological solutions aimed at leveraging advanced technologies such as artificial intelligence, big data, and cloud computing to enhance tax services. Since announcing the Hackathon, the Authority has received a range of projects focused on enhancing the taxpayer experience through artificial intelligence, promoting tax awareness, and applying AI to tax compliance. The Hackathon targeted a diverse group of participants, including developers, AI specialists, designers, and data scientists, as well as university students, researchers, faculty members, entrepreneurs, tax experts, and fintech innovators. On this occasion, H.E. Khalid Ali Al Bustani, Director General of the Federal Tax Authority, stated: "The Authority is committed to actively participating in UAE Innovation Month and the Year of Community, driven by our firm belief that innovation is a fundamental pillar for developing and enhancing the efficiency of the tax sector. This Hackathon reflects our dedication to fostering innovation in taxation by leveraging the latest artificial intelligence technologies and developing innovative technological solutions to address challenges in the sector." He added: "The Hackathon serves as an inspiring platform that provides participants with a unique opportunity to contribute to shaping the future of digital taxation. Through the innovative ideas and projects presented, we aim to support the advancement of the UAE's tax system." On the final day of the Hackathon, the Authority received many project submissions. A panel consisting of experts and representatives from the Authority evaluated the proposed projects and solutions, recognising the top three innovative solutions. The evaluation process followed strict criteria, including creativity and innovation, the quality and usability of the solution, and the extent to which the technology utilised artificial intelligence, blockchain, or automation. Additionally, the assessment considered the impact and benefits of the solution, its feasibility and applicability, as well as the clarity, strength, and persuasiveness of the presentation. About FTA The Federal Tax Authority was established by Federal Decree-Law No. (13) of 2016 to help diversify the national economy and increase non-oil revenues in the UAE through the management and collection of federal taxes based on international best practices and standards, as well as to provide all means of support to enable taxpayers to comply with the tax laws and procedures. Since its inception in 2017, the FTA has been committed to cooperate with the competent authorities to establish a comprehensive and balanced system to make the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance, with simple procedures based on the highest standards of transparency and accuracy – beginning from registration, to the submission of tax returns, to the payment of due taxes through the Authority's website:
Zawya
28-02-2025
- Business
- Zawya
HE Saeed Mohammed Al Tayer highlights the role of innovation in enhancing DEWA's competitiveness and stakeholder happiness
Dubai, UAE: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), inaugurated DEWA's Future Next Conference, in conjunction with the 'UAE Innovates 2025', the 10th edition of the UAE's innovation month. The conference, which was attended by a number of Executive Vice Presidents and Vice Presidents from DEWA, along with a large number of employees, featured keynote speeches and panel discussions featuring experts and specialists from various major international companies and organisations. In his speech during the conference, Al Tayer noted that the UAE Innovates provides a platform to bring together public and private sector institutions in the country. He noted that the 'Future Next Conference' comes as part of DEWA's efforts to support a culture of innovation among individuals and organisations, in line with the proactive vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, who has transformed innovation from a theoretical concept to practical applications and daily practices. This transformation has contributed to enhancing the UAE's competitiveness and global leadership, further augmenting quality of life through the active participation of government and private sector organisations, as well as members of society, in coming up with various innovative solutions. 'At DEWA, we provide a motivating environment for innovators and creative minds, in line with the National Strategy for Advanced Innovation, which focuses on exploration, future skills, quality of health and life, green energy, transport and measures to harness technology to serve humankind,' added Al Tayer. 'Innovation has always been a key pillar for us in achieving global competitiveness and enhancing sustainability as it contributes to improving operational efficiency, reducing waste, enhancing environmental sustainability and raising the happiness of customers and all stakeholders. To implement the directives of our wise leadership to make Dubai the world's best city for quality of life, we continuously develop Dubai's electricity and water infrastructure through innovation. This has led to DEWA achieving the top position globally in 12 key performance indicators in our areas of work, according to a study conducted by a specialised international consultant. Last year, DEWA achieved the lowest electricity customer minutes lost (CML) in the world, with Dubai recording just 0.94 minutes per customer, significantly lower than the 15-minute average of leading European utilities,' said Al Tayer. Al Tayer noted that DEWA has developed the world's first intelligent gas turbine controller, enabling real-time and autonomous control of all gas turbines at the Jebel Ali Power Generation and Water Desalination Complex. DEWA has also launched the world's first intelligent plant controller for combined cycle plants, based on AI and machine learning, to improve operational efficiency and sustainability. DEWA has further adopted generative AI, including the Microsoft Power Platform and Microsoft 365 Copilot smart assistant, and has expanded the use of generative AI to include a wide range of vital areas, including 'Rammas for You' and 'Rammas for Work', information security, the SAP system, employees' digital experience, DEWA's Evaluation Centre, as well as human resources services, security policies, financial data, the customer eServices portal, IT Support Office services, governance and compliance procedures, future insights platforms, Power BI and LinkedIn Learning. In the field of renewable energy, DEWA successfully raised the efficiency of photovoltaic panels through innovative techniques, including solar tracking using advanced algorithms and automated robot cleaning. By the end of January 2025, the share of clean energy in Dubai reached approximately 20% of the total energy mix. In line with global trends in decarbonisation, we continue to develop innovative projects in energy storage and green hydrogen. DEWA's efforts in innovation have resulted in several awards, including the 'Innovative Power Technology of the Year – UAE' accolade at the Asian Power Awards 2024 for the Actual Load Profiles Simulator for the Distribution Network, which enhances the efficiency of the electrical distribution network using AI and ground weather data. DEWA also received the 'Smart Grid Project of the Year – UAE' award for our pioneering initiatives in substation automation, which is a significant shift in the management of power grids, allowing us to restore power supply within one minute without the need for physical human intervention. 'Innovation is more than just a goal for us. It is a key pillar in our journey towards the future and the cornerstone of the development of our services and initiatives. We will continue to work based on an ambitious vision aimed at embedding innovation and state-of-the-art technologies to enhance the efficiency and reliability of our world-class infrastructure. We further aim to empower innovators and creative minds, solidifying an innovative environment that promotes sustainable development,' concluded Al Tayer. At the end of the conference, Al Tayer honoured the speakers and participants of the conference, commending their efforts in supporting innovation at DEWA. Keynote speeches and panel discussions The 'Future Next Conference' featured a speech titled 'Digitisation and 10X' by Naim Yazbeck, General Manager of Microsoft UAE; a speech titled 'Digital Transformation in Energy Systems' by Dr Ralf Blumenthal, Vice President and Grid Software MD at Siemens; and a speech titled 'SAP Artificial Intelligence Journey in Utilities', delivered by Marwan Zeineddine, SAP Managing Director, UAE. The conference also included panel sessions on digitisation, AI and 10X, with the participation of DEWA employees and Digital DEWA subsidiaries. Naim Yazbeck, General Manager of Microsoft UAE, said: "In today's digital landscape, AI and digitisation are essential for business success. At Microsoft, we are dedicated to empowering UAE organisations to leverage AI for innovation and efficiency. Our collaboration with DEWA highlights this commitment. By using AI solutions like the Rammas chatbot, DEWA has significantly improved customer engagement and operational efficiency, setting an important benchmark for the region. Their progressive approach and dedication to excellence are is not just shaping the future of business; it is transforming it. Microsoft is proud to partner with organisations like DEWA to drive this transformation, promoting a future characterised by innovation and resilience." Dr Ralf Blumenthal, Vice President and Grid Software MD at Siemens, said: 'Speed is at the core of the energy transition. Harvesting the benefits of data and AI needs us to act fast and now.' Marwan Zeineddine, Managing Director of SAP UAE, said: 'The UAE's commitment to innovation is accelerating transformation across industries, with AI at the forefront. Collaboration between the public and private sectors is essential to unlocking the full potential of these advancements, and DEWA Innovation Day is a powerful platform to showcase how these partnerships are shaping the future of innovation in the UAE. At SAP, we are proud to collaborate with the public and private sectors to support innovation with SAP Business Data Cloud, which seamlessly integrates enterprise and industry data to fuel the next generation of Business AI. This is a new era of AI, where SAP-powered super agents provide end-to-end visibility, streamline processes, and close operational gaps.' Innovations On the sidelines of the 'Future Next Conference', Al Tayer reviewed some of DEWA's innovations and the projects of DEWA Academy students. These included the world's first Plant Intelligent Controller to enhance automation in asset management, improving efficiency in power generation and water desalination; the ' Roll-in Roll-Out' principle for pumps and demister pads to improve efficiency and reduce costs by accelerating the dewatering process from 2 days to 12 hours; the AC Power Strength Controller system, which precisely controls the amount of power supplied to a connected load, protecting it from excess voltage; the solar-powered seawater desalination system, a sustainable solution that converts seawater into freshwater through a multi-stage filtration and reverse-osmosis process; a remotely operated underwater vehicle for maintaining underground wiring systems, eliminating the need for human divers and enhancing safety and efficiency; the 3D printing solutions for efficient spare parts management, aimed at improving spare parts management by lowering costs, shortening lead times and reducing dependency on suppliers; the Alharis IoT-based project, which uses advanced sensor technologies to accurately detect tampering attempts while minimising false alarms; Microsoft Copilot AI, which integrates Microsoft's generative AI chatbot into a wide range of key activities across DEWA; and the Sign Language to Text Translation Glove, a wearable assistive device that translates hand gestures into text, enabling more seamless interaction.
