FII launches global AI prize; Talabat trials drone delivery in Oman

Middle East AI News weekly digest...

Good morning!

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

The Future Investment Initiative (FII) Institute launches a new global AI award at this week's FII Summit; stc commits another $300 million to venture capital firm STC; and UVL Robotics continues its drone delivery trials in Oman's capital area via a new partnership with Talabat.

Scroll down for these stories and more.

Have a great day!

/Carrington

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Venture Capital

Saudi Telecom Company commits additional $300 million to VC firm STV

#Saudi #funding - Saudi Telecom Company (STC) has committed an additional $300 million to Saudi venture capital firm STV on top of an earlier $500 million investment. The new funding will be used to back and help scale startups in the region. (Wamda)

FII

FII Institute launches annual AI award

#Saudi #awards - The Future Investment Initiative (FII) Institute, has announced the launch of the 'Algoritmi Prize' with support from global research publisher Springer Nature. The annual prize will celebrate AI and robotics research that has the potential to address global challenges. (Yahoo!)

Education

MBZUAI launches 3rd edition of its Executive Programme

#UAE #education - Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has confirmed that the third edition of its Executive Programme will begin on November 6th, bringing together 45 global leaders for a 12 weeks executive course in artificial intelligence. (Emirates News Agency)

UAE selects coding ambassadors

#UAE #coding - The UAE has selected 56 ambassadors to for its national programme for coders, to help champion the country's digital drive. The ambassadors will help promote the importance of digital knowledge to government and private sector leaders, employees, and university and schools’ students. (The National)

Smart Cities

Dubai has cut travel time in the city by 20%,

#UAE #transport - Dubai has cut travel time in the city by 20%, according to a statement from the Roads and Transport Authority, crediting the Phase I roll-out of the authority's Intelligent Traffic System, which uses AI, Big Data and IoT to monitor, analyse and change traffic behaviour. (RTA)

AI Diplomacy

UAE, India can increase global footprint through commerce, says Omar Al Olama

#India #UAE #CYFY2022 - Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, informed delegates at New Delhi's three-day CyFy global IT conference on technology that the UAE and India can work together to substantially increase their footprint across the world through commerce. (Emirates News Agency)

Drones

Oman’s first drone food delivery service

#Oman #dronedelivery - Regional delivery food and shopping delivery platform Talabat, has announced that it has launched a drone food delivery service in Oman's Muscat Bay community, in partnership with UVL Robotics. (Oman Observer)

Ajman police use drones to catch traffic offenders

#UAE #traffic - The Air Support Centre for Ajman Police is using drones to improve security, support field operations and monitor traffic. If a traffic jam is caused by an accident, a drone can be deployed to understand its severity. (Khaleej Times)

Dubai startup builds delivery drone

#UAE #drones - C-Drones a startup that is part of the Dubai Programme to Enable Drone Transportation, has developed a delivery drone equipped with heating and cooling systems to maintain required temperature of payloads, a drone safety parachute and anti-collision sensors. (The National)

First published via Revue.