Good morning,Here’s this week’s Middle East AI News!Some startup news to report this week with the acquisition of AI and machine learning startup Dawa Express by health insurance startup Sehteq (announced last week, but too late for last week's newsletter). Meanwhile, on Tuesday DEWA's venture capital and M&A arm Forward Investments announced an investment in US-based startup Nozomi Networks that's focused on the fast growing IoT security space.ADNOC's use of AI to improve the efficiency of its drilling operations has been all over the media during the past week, with a reported $2 billion being saved by the oil company over a five-year period. In other news from the UAE capital, Abu Dhabi International Airport is investing in smart travel management and the Environment Agency and utility firm Engie are using drones to plant mangrove tree seeds. Scroll down for these stories and more.Lastly, only ten days to go before Fintech week ! UAE Fintech Week & Israel Fintech Week are now combined and taking place online between 29 November to 4 December. Registration is free.Stay safe & have a great weekend!/Carrington
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AI saves Adnoc $2bn in operations; Sehteq…
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Good morning,Here’s this week’s Middle East AI News!Some startup news to report this week with the acquisition of AI and machine learning startup Dawa Express by health insurance startup Sehteq (announced last week, but too late for last week's newsletter). Meanwhile, on Tuesday DEWA's venture capital and M&A arm Forward Investments announced an investment in US-based startup Nozomi Networks that's focused on the fast growing IoT security space.ADNOC's use of AI to improve the efficiency of its drilling operations has been all over the media during the past week, with a reported $2 billion being saved by the oil company over a five-year period. In other news from the UAE capital, Abu Dhabi International Airport is investing in smart travel management and the Environment Agency and utility firm Engie are using drones to plant mangrove tree seeds. Scroll down for these stories and more.Lastly, only ten days to go before Fintech week ! UAE Fintech Week & Israel Fintech Week are now combined and taking place online between 29 November to 4 December. Registration is free.Stay safe & have a great weekend!/Carrington