Business

Hamdan bin Mohammed inaugurates RIT-Dubai’s New Campus at Dubai Silicon Oasis

DUBAI, 28th November, 2021 (WAM) — H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, today inaugurated the new campus of Rochester Institute of Technology – Dubai (RIT-Dubai) in Dubai Silicon Oasis (DSO), which spans 30,000 square meters and offers advanced specialisations that support the transformation of universities into free economic and creative zones.

Speaking on the occasion, H.H. Sheikh Hamdan bin Mohammed said that the future is in the hands of youth who possess deep knowledge of new technologies and the culture of innovation, which empowers them to advance development driven by knowledge, digital transformation, and creative excellence. Sheikh Hamdan emphasised that talented individuals specialised in programming, artificial intelligence applications, and advanced technologies play a key role in realising the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to build a better life for future generations.

"Universities are integrated economic and creative zones that support the sixth principle of the Principles of the 50 launched by His Highness Sheikh Mohammed. They are a hub for young talent to contribute to building a flexible and sustainable economy based on knowledge, innovation, and technology," H.H. added.

Sheikh Hamdan bin Mohammed also toured the Fakeeh University Hospital in DSO. The hospital’s administration briefed Sheikh Hamdan bin Mohammed on how they utilise medical research and experiences to develop a comprehensive healthcare landscape for the future. In turn, this cements DSO’s and Dubai’s position as a hub for knowledge and innovation.

The programmes offered by RIT-Dubai’s new campus at DSO will contribute to building a qualified talent pool in advanced technologies like artificial intelligence and fourth industrial revolution applications. Diverse technology courses offered by RIT-Dubai to students will help raise Dubai’s position as an academic destination for world-class higher education.

Sheikh Hamdan was accompanied on the tour by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DSO;Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention; Dr. Mohammed Al Zarooni, Vice Chairman and CEO of DSO.

Sheikh Ahmed bin Saeed Al Maktoum emphasised that Dubai continues to develop its digital infrastructure and technology to support entrepreneurs, startups, and international companies, while also working to attract international universities and global innovation centres. He noted that DSO is contributing to these efforts as part of its role as a centre for knowledge and innovation in the Dubai 2040 Urban Master Plan that was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum to make Dubai the best city to live and work in.

Sheikh Ahmed bin Saeed Al Maktoum said: "Developing talent competent in technology and digital economy applications enables us to take advantage of promising future opportunities, especially in new professional and learning paradigms based on digital solutions that use augmented, virtual and immersive reality technologies."

Dr. Mohammed Al Zarooni said that DSO’s objectives are aligned with the Principles of the 50, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, to transform Dubai into the city of the future. DSO seeks to actively contribute to transforming universities into free economic and creative zones and enhancing cooperation between universities and companies to promote innovation and development. Dr. Al Zarooni pointed out that the location of RIT-Dubai’s new campus gives students and researchers convenient access to several key technology and digital companies located in DSO’s Dubai Digital Park.

The new campus features a digital transformation and innovation lab with funds of up to AED3.7 million. The lab seeks to enable innovative students and youth in all fields to develop quality solutions for smart cities of the future.

Dr. Yousef Al Assaf said: "Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s inauguration of the new campus in Dubai Silicon Oasis encourages university staff and students to contribute to enhancing scientific and technological research in Dubai and the wider UAE and develop innovative solutions that can be used in business."

He added: "Universities play a key role in envisioning and designing emerging and promising trends in future societies and economies. Students and researchers give countries a competitive edge, especially in the fields of innovation, scientific and applied research. We look forward to RIT-Dubai playing this vital role by empowering younger generations from Dubai, the UAE and the MENA region with the academic knowledge and advanced research capabilities they need to lead various dynamic sectors in the future."

Dr. Mazen Fakeeh, President and Chairman of the Board of Fakeeh Care, said, "We are more than honoured to have been graced by the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum at Fakeeh University Hospital. FUH is our flagship venture in the UAE and we have left no stone unturned to ensure every healthcare need of the UAEs population is met, with utmost care, state-of-the-art clinical expertise and the latest technology available in the region. With the vision of attaining new frontiers and enhancing the region’s healthcare offerings, we are proud of what we’ve achieved within a year of being operational. FUH brings more than four decades of Fakeeh Care legacy to the UAE; a legacy of quality healthcare and medical excellence. Going ahead, we seek to harness the power of innovation and personalized attention to provide the best possible patient outcomes through our technology-driven, patient-centric smart hospital."

The new RIT-Dubai campus offers programmes in advanced technology disciplines, artificial intelligence applications, big data and cybersecurity. The Campus located close to the innovation centres and advanced technology companies in Dubai Silicon Oasis spans 30,000 square meters and can accommodate up to 4,000 students in its advanced academic and laboratory facilities.

The Fakeeh University Hospital is a 350-bed smart facility that provides primary, secondary, and tertiary care through leading medical practitioners across 55 specialties. Equipped with cutting-edge technology, it can treat an estimated 700,000 patients a year, serving communities in the UAE and the wider region.

The hospital features innovative diagnostic technologies and advanced data-assisted and automated medication dispensing systems. This includes the state-of-the-art robotic pharmacy and FUH Care – the mobile app that provides patients easy access to the hospital. His Highness also visited the hospital’s emergency department – one of the largest in the emirate in the private sector, spread across 35,000 square feet, which is fully equipped with advanced operating theatres, radiology, and diagnostics.

Business

Almarai signs multiple agreements to localize jobs through training and recruitment programs

Almarai signed a cooperation memorandum with the Food Industries Polytechnic, the
Transport General Authority, and the Saudi Logistics Academy to localize jobs in the
food and beverages sector through training and rehabilitation programs ending in
employment. This came within the first international conference on the labor market,
organized by the Ministry of Human Resources and Social Development on 13 – 14
December 2023 at the King Abdulaziz Convention Center in Riyadh.

‘These agreements are part of Almarai’s corporate program for the social responsibility
to achieve localization in the food industry sector, which is one of the top priorities of the
comprehensive strategic plans in Almarai, especially since the company is one of the
largest working environments in the kingdom, with more than 9,000 Saudi employees,
including more than 900 Saudi female employees.”Fahad Aldrees, Chief Human
Resources Officer of Almarai, said.

He added that the agreements signed to train and qualify young people are part of the
integrated initiatives and training and rehabilitation programs for national human
resources in Almarai. He pointed out that the company provided about half a million
employee training hours during 2022, raising its retention rate to 90% during 2022.

It is worth mentioning that Almarai is the world’s largest vertically integrated dairy
company, and the largest food and beverage producer and distributor in the Middle
East. Almarai was ranked among LinkedIn’s top 15 Saudi companies for professional
career development for 2022.

Business

SEBA Bank rebrands to AMINA Bank and continues to write its success story

a fully licensed Swiss crypto bank, announced today its new brand identity: AMINA Bank AG. The group operates
globally from its regulated hubs in Zug, Abu Dhabi and Hong Kong, offering its clients traditional and crypto banking services.
SEBA Bank made history in 2019 by becoming one of the first FINMA-regulated institutions to provide crypto banking services. This rebrand marks a new chapter for the company, which has proudly been in operation for more than four years. AMINA Bank is inspired by the same trailblazing ambition to lead the way for its clients and to write its own future as a Swiss-
regulated crypto bank offering services to its traditional and crypto savvy clients around the globe. The name ‘AMINA’ stems from the term ‘transAMINAtion’, meaning transference of one compound to another. AMINA is a brand driven by perpetual change, bringing together the various ‘compounds’ of traditional, digital, and crypto banking to unlock new potential and
growth for our clients. This vision of change represents the transformation of our clients’ financial future. Franz Bergmueller, CEO of AMINA, said: “We are delighted to introduce the world to our new brand identity. While we say goodbye to the SEBA name, we remain forever proud of the achievements made by the group under the former brand. “Our brand signifies a new era in the company’s growth and strategy; we are a key player in crypto banking and are here to define the future of finance. With our client-focused approach, our years of traversing traditional and crypto finance, we offer a platform for investors to build
wealth safely and under the highest regulatory standards.” “We are grateful to be encouraged by our supportive and committed investors who have been very helpful, supporting the growth of the company. We thank our employees in all the regions
for their dedication and client focus. As we look forward to 2024, our ambition is to accelerate the growth of our strategic hubs in Switzerland, Hong Kong, and Abu Dhabi, and to continue our global expansion, building on all the successes we have laid down over the past years.” Current clients of AMINA Bank (formerly SEBA Bank) will be unaffected by the rebrand other than encountering the new name; all operations will be business as usual across the board. The branch office based in Abu Dhabi and the subsidiaries in Hong Kong and Singapore will subsequently apply for a name change to align with the head office in Zug.

Business

Uptime Appoints Mustapha Louni Chief Business Officer

Uptime Institute is pleased to announce the appointment of Mustapha Louni to the position of Chief Business Officer, a role specifically created to drive strategic leadership and client success. In this new role, Mr. Louni will assume responsibility for the global Uptime sales and marketing organizations and drive overall business value for all Uptime clients. He will retain his existing responsibilities overseeing operations in the Middle East, India, Africa, and the Asia Pacific regions. In this elevated capacity, Mr. Louni is poised to play a pivotal role in driving Uptime’s next phase of global expansion through strategic initiatives to enhance market awareness of the dramatically expanding global service lines and delivery capabilities of Uptime that uniquely support the global data center industry in its pursuit of ever higher performance through elevated availability, resiliency, sustainability, and cyber-security of digital infrastructure. Louni’s appointment renews and expands Uptime

Institute 39;s 30-year commitment to advancing excellence in the data center sector on a global scale. “Today we are experiencing the next phase of the one-time, planetary transformation from analog to digital. This unprecedented, once-in-a-generation growth in data center demand is primarily driven by continuing cloud adoption, the new promise of AI, and the demonstrable fact
that hybrid digital infrastructure is here to stay for the foreseeable future,” said Martin McCarthy, CEO, Uptime Institute. “These complex and nuanced market demands require a visionary talent like Mustapha Louni. He is someone who cannot only deftly manage specific aspects of the business but also remain ahead of accelerating changes and trends. He continues to earn client
trust and respect by timely delivery on demanding commitments while he also inspires and energizes colleagues and clients alike. I am delighted to announce Mr. Louni’s new position and know that he will continue to expand the impact that he has already brought to Uptime since his arrival.” In 2014, Mr. Louni joined the Uptime organization in the United Arab Emirates, leveraging his extensive experience from roles at Panduit and Schneider Electric in Paris and Dubai. As the company’s first commercial resource in the Middle East and Africa region, Mr. Louni played a pivotal role in expanding Uptime’s presence. Within a year, he successfully established what became and remains Uptime’s fastest growing regional office. Under his leadership, Uptime has
extended his impressive trajectory of growth in MEA to the Asia-Pacific regions, augmenting the Uptime workforce with dedicated team members spanning more than a dozen countries across these regions. A new Uptime office has been inaugurated in Riyadh, Kingdom of Saudi Arabia (KSA) this year, further fortifying the company’s ability to meet its commitment to sustained
growth and excellence and serve clients in critical, accelerating markets for digital infrastructure.

Uptime Institute began development of its proprietary and now globally recognized Tier Standards and its Tier Certifications 30 years ago to ensure that the mission critical computing needs of all organizations could be met with confidence and understood by executive management. Since that time, Uptime Tier Certification as well as other Uptime offerings including assessments and awards in digital infrastructure for ensuring business performance in areas of management and operations, risk and resilience, sustainability, and more recently cyber- security have gained global adoption. Uptime’s expanding success is based on delivering a
unique business service that is based upon unparalleled engineering excellence and technical mastery, while remaining vendor independent and technology agnostic.