Latest news with #ALKHAWALDEH
Al Etihad
17 hours ago
- Health
- Al Etihad
UAE scores high on Social Progress Index with top marks in housing, healthcare
20 June 2025 02:32 KHALED AL KHAWALDEH (ABU DHABI) The UAE has once again demonstrated its commitment to social development as it secured impressive scores on the recently released Social Progress Index (SPI) Global Report 2025. It stood out in several categories including housing and healthcare. With an overall score of 74.04 out of 100, the UAE ranked second in the Arab world, and 49th out of 170 nations across the globe. This marks a significant improvement for the country, which has climbed seven places since 2011. The annual index measures how well countries meet the social and environmental needs of their people, beyond just economic factors like GDP. It assesses nations across three key areas: basic human needs, foundations of wellbeing, and opportunity, covering indicators such as health, education, safety, rights, and environmental UAE achieved top-tier performances in housing and healthcare, scoring 96.35 in housing, securing some of the highest global marks in this category. It boasted 100% access to electricity, universal use of clean fuels and technology for cooking, and zero household air pollution, factors SPI said were critical indicators of quality living standards. The UAE also ranked an impressive 7th globally for the affordability of housing, underscoring its efforts to ensure residents can access safe and affordable the country scored highly in water and sanitation, achieving an overall score of 96.54 and placing 12th globally. The country was found to deliver 100% of its population with basic water service and excelled in providing basic sanitation services. Healthcare was another bright spot where the UAE attained a score of 73.32, with notable strengths in areas such as equal access to essential health services and low prevalence of non-communicable diseases. The country's life expectancy at 65 and its ranking of 14th for equal access to quality healthcare signalled a well-developed healthcare system that serves both nationals and residents housing and healthcare, the UAE performed well in other pillars of social progress. It ranked 14th globally in basic education, with high primary school enrolment and high scores in gender parity in secondary attainment. Its information and communications infrastructure were graded as robust, with full marks for internet users and mobile telephone users, while access to online governance services ranked 37th worldwide. On the safety front, the UAE recorded a score of 78.22, with relatively low levels of interpersonal violence and good perceptions of personal safety, indicated by its 7th rank globally for feelings of safety when walking alone.
Al Etihad
4 days ago
- Business
- Al Etihad
Abu Dhabi climbs startup ecosystem rankings despite global downturn
17 June 2025 00:15 KHALED AL KHAWALDEH (ABU DHABI) Abu Dhabi's startup ecosystem has firmly established itself as one of the most dynamic in the Middle East and North Africa (MENA), ranking among the top five in the region in the 2025 Global Startup Ecosystem Report (GSER).The report - unveiled by Startup Genome at the recently concluded VivaTech in Paris -recognised the emirate's impressive rise in the rankings, despite a challenging global environment for startups. The GSER 2025 draws on data from more than five million companies across more than 350 ecosystems globally. This year's report highlights how Abu Dhabi soared into the top emerging global ecosystems, moving into the #51-60 tier, a significant leap from its previous #61-70 position. This advancement comes in a year when the global startup ecosystem value contracted by 14%, underscoring the emirate's resilience and strategic vision, the report said."Abu Dhabi's rise in the global rankings is a testament to the exceptional pace and cohesion of its innovation ecosystem, with Hub71 at the heart of this transformation," Samantha Evans, Managing Director MENA at Startup Genome, said in the report. "Amid a global downturn, Abu Dhabi's long-term vision and collaborative strength are driving sustained growth. We expect this momentum to accelerate, with Abu Dhabi poised to outperform many (of its) global peers in the coming years."According to the report, the emirate generated $4.4 billion in ecosystem value between July 2022 and December 2024, reflecting an annual growth rate of 6%. Abu Dhabi ranked among the top five MENA ecosystems in multiple key areas, including Performance (3rd), Knowledge (4th), Funding (5th), and the prominent Bang for Buck category, which measures the efficiency of capital deployment and returns on emirate ranked particularly high in the market reach of its ecosystem and funding availability; however, it showed room for improvement in knowledge and access to talent and Support for StartupsAccording to VivaTech, the success of Abu Dhabi's startup ecosystem is driven by a combination of forward-looking government policies, targeted funding initiatives, and a robust support infrastructure. "Abu Dhabi's rise in global rankings reflects the strength of our startup community and the impact of Hub71's ecosystem-enabling initiatives," Hub71 CEO Ahmad Ali Alwan said in the report. "Through strategic partnerships, access to capital, and a supportive regulatory environment, we are helping startups scale internationally and contribute to Abu Dhabi's economic and technological ambitions."Among the key sectors that are fuelling this growth are FinTech, ClimateTech, and Digital Assets, all underpinned by innovative regulatory frameworks and purpose-built infrastructure. Notable enablers such as the Abu Dhabi Global Market's (ADGM) expanded licensing frameworks and substantial venture funding have attracted both local and international entrepreneurs, particularly in sustainability and blockchain technology. Moreover, initiatives like the Khalifa Fund's MZN HUB have helped streamline regulatory processes and offer startups seamless access to global innovation networks, strengthening Abu Dhabi's influence on the international entrepreneurial stage.
Al Etihad
27-05-2025
- Business
- Al Etihad
AI risks and opportunity for news industry take centre stage at Arab Media Summit
28 May 2025 00:41 KHALED AL KHAWALDEH (DUBAI)The transformative power of AI in the media landscape dominated the agenda at the Arab Media Summit in Dubai on Tuesday, with top regional officials and thought leaders urging media institutions to embrace emerging technologies or risk being left at one of the forum's headline panels, Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office, and Chairman of the UAE Media Council, stressed that adapting to emerging technologies and understanding how to deal with them determines the global competitiveness and relevance of media Hamed noted the global shift from traditional media to technology-driven platforms, emphasising the need for media entities to embrace this transformation.'Media platforms that fail to adapt to modern technologies will vanish,' Al Hamed said, adding the landscape continues to evolve rapidly. He called for the responsible and conscious use of modern Hamed stressed that the media must stay at the forefront of technological change to remain relevant and continue engaging younger against complacency amid rapid tech advancements, he added: 'If you don't learn it today, it will be hard to learn it tomorrow.'Dr. Ramzan bin Abdullah Al Noaimi, Minister of Information of Bahrain, highlighted the dual-edged nature of AI's rise in the industry. 'Arab media is at a critical stage due to the entry of AI,' he said. 'There is an opportunity for us to elevate our industry but also the potential to go backwards.'Al Noaimi stressed that successfully integrating AI would depend on more than just innovation, saying that institutional commitment and human adaptability were essential to ensure the proper and ethical utilisation of the technology. He called for comprehensive workforce transformation led by institutions embracing AI from the very top. 'The AI is there to help people, so we need to help them understand it and learn to use it — we need to bring people along.' Credibility amid Faster News Cycles With information cycles moving at a pace that's faster than ever, the media must also deal with the changing expectations of news consumers, said Abdulrahman Al Mutairi, Kuwait's Minister of Information and Culture.'Today, the speed of news is very important, but it must have credibility and accuracy,' Al Mutairi said. 'AI can help in that and should therefore be welcomed — although it needs to be implemented in the right way to ensure this.' Irreplaceable Human Element From a technological perspective, Dr. Marwan Alzarouni, CEO of Artificial Intelligence at Dubai's Department of Economy and Tourism, envisioned a future where AI lowers barriers to entry and fuels creativity. 'There will be one-person start-ups,' he predicted, highlighting how AI tools could democratise media creation and entrepreneurship. While he acknowledged the novelty and disruptive force of current AI advances, he reminded attendees that humans would remain central. 'Despite all of this advancement, the future will definitely still be human-based.' That human focus was further emphasised by Hamad Al Shirawi, Director of Projects at Dubai Future Foundation, who likened fears surrounding AI to early internet anxieties. 'When you talk about your concerns, it's only natural — just like when the internet came out,' Al Shirawi said. 'It is a wave that we will have to ride, and we will have to learn.' Once considered an optional edge, AI is now a core requirement for success, he added, calling on media professionals to see it as a change to up their game rather than a replacement for their talent. 'It used to be a secret weapon. Now it's a weapon that you must have,' said Al Shirawi. 'Don't be afraid of AI. Embrace it.'
Al Etihad
25-05-2025
- Business
- Al Etihad
UAE retail set to reach $162b by 2028, leads GCC in e-commerce: Report
25 May 2025 23:10 KHALED AL KHAWALDEH (ABU DHABI) The UAE's retail market is forecast to reach $162 billion by 2028, growing at an average annual rate of over 5% from $127.2 billion in 2023, according to a new report by Logic Consulting. According to the Middle East-based group, the UAE leads the region in innovation, digitalisation, and sophisticated e-commerce offerings, despite having a smaller market than neighbouring Saudi Arabia. Titled "Revolutionising Retail: Unveiling GCC's Five-Year Transformation", the study positions the UAE as the most digitally advanced retail market in the GCC.E-commerce sales, which reached $3.9 billion in 2020, growing more than 50% year on year, are expected to become increasingly dominant. According to Logic, this is reflected in consumer preference, with 69% of UAE shoppers saying their loyalty increased for brands that allowed them to shop online and return-in-store. "As GCC nations continue to transition away from oil dependency, retail has become a key enabler for fostering domestic consumption, attracting private investment, and catalysing the development of adjacent industries, including logistics, real estate, technology, and tourism," the report said. The report outlines how major UAE-based retailers are leading the charge, using big data and AI to forecast demand, reduce waste, and personalise consumer journeys. Innovations such as click-and-collect, virtual fitting rooms, and loyalty-integrated apps are becoming the includes success stories from the likes of Majid Al Futtaim, Lulu Hypermarkets, and Noon – with many offering expanded services, same-day delivery, and increasingly competitive ways to shop, and receive items on demand. Moreover, the report details the rising appetite for luxury items and notes the UAE's leading role as a luxury hub in the region. According to Logic, approximately 70% of consumers in the GCC report increased spending on luxury items. "The UAE hosts a substantial number of high-net-worth individuals and millennials who drive the demand for luxury goods and immersive shopping experiences. This cohort values exclusivity, personalised services, and innovative retail environments," the report said. "'Phygital' experiences cater to their desire for interactive and seamless shopping journeys. For instance, luxury brands in the region are adopting augmented reality (AR) and virtual reality (VR) to enhance customer engagement and provide unique in-store experiences." Despite rapid changes in the retail landscape, traditional neighbourhood shops – namely the 10,000 or so Baqalas on street corners – remain dominant in the UAE's grocery retail sector. A Kantar Worldpanel study cited by Logic shows that these stores continue to make up 60% of shopper traffic.
Al Etihad
19-05-2025
- Business
- Al Etihad
Strong energy sector gives Abu Dhabi competitive edge in global AI race
20 May 2025 00:18 KHALED AL KHAWALDEH (ABU DHABI) Abu Dhabi's rapidly evolving AI ecosystem is closely tied to its world-class energy sector, experts said at a conference on Monday, following last week's landmark announcement of the record-breaking 5GW UAE-US data centre. The capital's abundant energy resources are expected to give it a competitive edge in the global AI race, the industry leaders added. "There's no AI without energy," said ADNOC Drilling CFO Yousef Salem, reflecting on the UAE's upcoming AI campus during talks held at the Arqaam Capital MENA Conference in Abu Dhabi. "The simultaneous announcements with major US players like Exxon and Occidental are not coincidental … Abu Dhabi is positioning itself as the nexus of energy and technology, creating a holistic strategy that fuels exponential growth."Last week, ADNOC and Exxon Mobil Corp and Occidental announced plans to expand the nation's oil and gas production capacity. Deals which Salem said were heavily influenced by the rapid expansion of AI infrastructure. He said the emergence of AI had become a key factor in future energy decisions. This sentiment was echoed by Magdalena Konig, General Counsel and Company Secretary at AIQ, who praised the UAE's leadership for pre-empting the global AI-energy dialogue years ago. "You cannot talk about the silicon age without addressing energy efficiency," Kenesbai said. "Data centres use about like 2% of global energy, but that is actually expected to increase by about 50% by the end of this year. And I think by the end of the decade, it's going to increase by, you know, 165%, the symbiosis between energy and AI is not optional; it is critical." Konig said the strategic partnerships Abu Dhabi has forged with US technology giants - which coincided with strong energy ties - were critical to developing the infrastructure required to support AI's massive computational and energy Prashanth Marpu, CTO at Smart Solutions part of Space42, added that Abu Dhabi's investments are not merely symbolic. "All this infrastructure is being built because it will be fully utilised," he said. "We are building platforms that not only serve the UAE but also offer solutions globally." The panellists agreed that Abu Dhabi's strategy of building both AI and energy ecosystems end-to-end gave it a competitive edge. They believed that by investing in everything from academic institutions and research hubs to industrial partnerships and regulatory sandboxes, the emirate was constructing a comprehensive innovation landscape. "This clustering of industries creates gravitational pull, making Abu Dhabi a magnet for talent, capital, and technological breakthroughs," Salem said. "AI and energy are two sides of the same coin, and Abu Dhabi holds that coin firmly in its hand."
