The UAE is one of the leaders of the 5G revolution and is listed among the fastest countries to deploy the network.
Making the point, Mohammed Ibrahim Al Zarooni, Deputy Director of the Information and Digital Government Sector at the Telecommunications and Digital Government Regulatory Authority (TDRA), affirmed the importance of 5G networks in accelerating the deployment of tech solutions and establishment of smart cities that include smart transportation, self-driving vehicles, and crewless aircraft.
Using drones in cargo and mail shipment, and for remote surgery, and enabling AI solutions to analyse big data and developing smart services are crucial in this journey, he added.
It also paves the way for UAE's digital transformation in the next two years.
Meanwhile, digitisation of over 6,000 government services and setting up solid e-commerce infrastructure across all sectors enabled a smooth transition to remote working and distance learning, especially at a time when the country was tackling the challenges put forth by the pandemic.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
Syrian President Ahmed Al-Sharaa announced that the country has attracted approximately $28 billion in investments during the first six months of this year, highlighting significant participation from companies based in the UAE, Saudi Arabia, and Qatar.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has emphasised the UAE's commitment to strengthening economic ties with African nations.
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.