Onjo Simson

  Sheikh Mohamed visited Beijing on Thursday as the president. UAE signed multiple deals with China to enhance cooperation in vital fields including investments, the Belt and Road Initiative (BRI), industry and technology, and tourism. These accords amount to milestone towards boosting the strategic partnership among nations. In addition, the two countries agreed to spur investment cooperation in green development as reported by the State news agency WAM. This decision is in line with UAE’s wider strategy of enhancing relations with China, the second largest economy in the world. The UAE is already China's largest trading partner in the Arab world according to the data available, and trade and investment span various sectors such as crude oil, petrochemicals, and artificial intelligence. In 2022, the non-oil bilateral trade between China and UAE accounted for Dh264.2 billion ($72 billion). The collaboration of this is still largely manifested in the Belt and Road Initiative (BRI) l...

  The United Arab Emirates has made a bold move towards solidifying its position as a global leader in artificial intelligence (AI) research and development. At the prestigious World Government Summit in Dubai, the Advanced Technology Research Council (ATRC) announced a staggering $500 million investment aimed at accelerating AI advancements and bridging the tech gap for developing countries. This ambitious initiative boasts two key highlights: the Falcon Foundation and the ATRC Global Tech R&D Platform. The Falcon Foundation, fueled by a $300 million commitment, establishes itself as a non-profit championing transparency and collaboration in open-source generative AI models. This groundbreaking initiative welcomes global entities to join forces in shaping the future of AI development, fostering an inclusive and innovative environment. Furthermore, the ATRC Global Tech R&D Platform underscores the UAE's dedication to empowering nations across the globe. With an investment o...