ADGM AI OpenReg initiative; Naseej wins $4.5 million digital project

Middle East AI News weekly digest...

Good morning!

Here’s your weekly roundup of Middle East AI News!

Scroll down for news from around the region, including Abu Dhabi Global Market’s new RegTech initiative; US government approval of a new $1bn anti-drone defence system for Qatar; and DeepFest, a new AI conference and exhibition to be held as part of LEAP 2023.

Also see the end of the newsletter for a special UAE National Day augmented reality experience from Snap Inc. and the UAE Office of AI (SnapChat app required).

Finally, I have some news to announce. I’m going to be moving this newsletter over to the Substack platform over the next few weeks. No action required from your point of view, but - by 2023 - you’ll start to receive this weekly email via Substack versus via the current platform (Revue).

Have a great day!

/Carrington

---

RegTech

ADGM’s Financial Services Regulatory Authority launches AI initiative on Open Regulation

#UAE #regulation – The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has launched an OpenReg initiative to foster the development of intelligent regulatory technology (RegTech) tools. (Emirates News Agency)

Dubai Metaverse Strategy

Sheikh Hamdan approves new phase of Dubai Metaverse Strategy

#UAE #metaverse - Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, approved a new 100 day implementation plan for the Dubai Metaverse Strategy. (The National)

Medical

Zimmer Biomet opens Dubai Innovation Hub

#UAE #medtech - Zimmer Biomet Holdings, Inc., a global medical technology leader, has opened a new Innovation Hub in Dubai to showcase the company’s advanced technologies, surgical robotics and implants to healthcare customers. (Zawya)

Drones

US State Department approves Qatar buying $1bn anti-drone defence system

#Qatar #USA #antidrone - The US State Department has approved the potential sale of an anti-drone system to Qatar in a deal valued at $1 billion. Principal contractors are Raytheon Technologies Corp, SRC and Northrop Grumman Corp. (The National)

Events

Saudi Arabia cybersecurity and drones federation launches JV with global organiser Informa

#Saudi #DeepFest - The Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP) and Informa have announced the creation of Tahaluf, a joint venture designed to launch exhibition brands in Saudi Arabia. One of the first new brands is DeepFest, a new AI event. (Exhibition World)

Education

Saudi: Naseej for Technology wins $4.53 million training platform project

#Saudi #training -Naseej for Technology Company has been awarded a SAR 17.24 million ($4.6m) project with Saudi Company for Artificial Intelligence (SCAI). The deal covers development of an electronic training platform and content development project. (Zawya)

Defence

Abandoning the Middle East? Navy’s AI drone fleet says otherwise

#GCC #USA #DigitalOcean - To secure the flow of energy and commercial shipping, as well as for general maritime security, the US is developing and deploying a cutting-edge surveillance system known as Digital Ocean. (Bloomberg)

Iranian foreign ministry denies Oman attack

#Oman #Iran #droneattack - Iranian foreign ministry spokesman has denied accusations by the United States that Iran was behind an attack on a tanker in the Gulf of Oman, (Reuters)

FIFA World Cup

World Cup technology denies Portugal's Ronaldo record-tying score

#Qatar #FIFAWorldCup - A sensor inside the Adidas manufactured the 2022 FIFA World Cup ball determined that Cristiano Ronaldo did not touch the ball for a score against Uruguay on Monday. (UPI)

UAE National Day

Snap Inc. and UAE AI Office launch new AR experience for UAE National Day

#UAE #AR - Snap Inc. in partnership with the UAE AI Office have launched a new AR lens to raise awareness around the Ghaf tree; the UAE’s national tree. Scan the code with SnapChat to see the AR experience. (Digital Studio ME)

First published via Revue.