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35th World AI Show ends with achievers honoured in Dubai

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Dubai, May 26, 2022:
The two-day 35th global edition of World AI Show & Awards, the longest running AI series, organized by Trecon, closed on a high note with the inaugural World AI Awards to recognise contributions in various fields on Thursday.

Held under the patronage of the Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, a member of the royal family of Dubai, the World AI Show and Awards brought together the most powerful voices in the global AI and RPA space.

The second day of the World AI Show kick-started with a panel discussion on Women in AI. The confluence of global AI women leaders equivocally stressed the significance for women to prove their worth and get recognition on merit. There was a broader representation of views with panelists from the UAE, Germany, and Oman on stage.

James Connolly, the regional director of DarkTrace, spoke about using artificial intelligence to surgically respond to fast and furious attacks and the threat landscape in 2022.

Padam Kafle, the Aster Hospitals head of IT and Automation, touched on the growth in enterprise adoption of the 5G network. Kafle took the award for best project implementation under the best AI use-case award in the private sector on behalf of Aster.

Other sessions included topics such as ethical uses of AI, ways for successful rapid implementation, trends, and scaling the adoption of AI to deliver business outcomes.

A special award was handed out to Eng Fahad A Alhamed, the Founder and Chairman of the Saudi Cloud Computing Association, who was given the AI Visionary of the Year award.

Emirates NBD Bank had three innovations shortlisted in the banking category and the team representing faced some nervous moments before knowing that it was the model they created for ensuring compliance with financial regulations using a quantitative scoring system with scorecards to identify bottlenecks.

In addition, they have created a call center analytics that uses AI to predict consumer behavior, as well as a Multiplier effect that gives the next-best action and personalization for a better banking experience.

With his ENBD colleagues, Sachin Chandna received the best AI use case award private sector in the banking segment along with his head of customer intelligence who received the AI proponent of the year award in the private sector as well.

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The inaugural World AI Awards winners pose with the jury members at the Jumeirah Emirates Towers in Dubai. Photo by Trescon

Startup World Cup

The opening day saw the UAE finalist being spotted for the Startup World Cup. Affinsys, a startup running AI solutions for banks, telecom and insurance companies, won after the jury took a live decision based on final pitches from the top contenders and voted for UAE’s representation among 60-plus countries from where the World Cup winner will receive $1 million funding.

The inaugural edition of the World AI Awards was hosted in top glory with many AI visionaries and true flag bearers of the MENA region receiving the award for their contribution in the field of artificial intelligence.

“Dubai has always welcomed talent and we always looking to create a better future, so it was only natural for us to be associated with this event,” said Hisham Al Gurg, CEO at the Private Office. “AI is the future and it is nice to see so many experts and leading companies at World AI Show & Awards.”

Winners of World AI Awards:

Best AI use-case in Private Sector:
Healthcare – Aliasgar Bohari, Zulekha Hospital
Education – Shameed Sait, GEMS Education
Banking – Sachin Chandna, Emirates NBD
Financial Services – Saurav Suman, The Family Office
Manufacturing – Wissam Al Adany, ADES Arabia Holding
Retail – Mustafa Hussein, IKEA, Saudi Arabia
Best Project Implementation – Padam Kafle, Aster Hospitals

Best AI use-case in Public Sector:
Healthcare – Dr Maryam Alsharaf, Emirates Health Services
Best Project Implementation – Dr Maryam Alsharaf, Emirates Health Services
Education – Saud Aldajah, Higher Colleges of Technology
Energy & Utilities – Awad El-Sidiq, Adnoc Distribution

Others
Best Young Role Model – Maya Hiba, Al Ramz Corporation
Best Value Chain – Raman Nathani, Rafed Pure Health
Most Popular Proponent of the Year – Sachin Chandna, Emirates NBD Bank
Visionary of the Year – Fahad Alhamed, Saudi Cloud Computing Association chairman

Business

Find cheapest groceries in UAE with new price comparison tool

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In a move set to make everyday shopping easier, the UAE Ministry of Economy and Tourism has introduced a new digital tool that lets residents compare prices of essential goods across major retailers.

Called the Essential Goods Prices Platform, the initiative is designed to boost transparency and help shoppers find the best deals on daily essentials.

What you can check

The platform covers more than 30 essential items in its first phase, including:

  • Cooking oils, rice, sugar, and bread
  • Eggs, dairy products, meat, poultry, and fish
  • Fresh fruits and vegetables

It gives users a clear snapshot of price ranges across supermarkets, making it easier to spot where your money goes further.

How it works

  • Prices are updated daily from major retailers
  • Users can compare minimum and maximum prices
  • Track differences between stores and locations
  • Build a custom shopping basket to find the cheapest option

It’s essentially like having a real-time price comparison tool before you even step into a store.

With the cost of living always a concern, this platform puts more control directly in the hands of consumers.

It helps:

  • Save money on weekly groceries
  • Promote fair competition among retailers
  • Prevent unjustified price increases

By making pricing more transparent, the UAE is aiming to protect consumer spending while keeping the retail market balanced.

This launch builds on ongoing efforts by the UAE Ministry of Economy and Tourism to monitor essential goods and ensure price stability.

Now, instead of that data staying behind the scenes, it’s being shared openly, giving residents the power to make smarter, more informed shopping decisions.


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News

Massive road upgrade in Dubai: Hessa Street expansion now open

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In a major boost to Dubai’s road network, the Roads and Transport Authority (RTA) has officially opened a key stretch of the Hessa Street Development Project, transforming one of the city’s busiest corridors.

The newly completed 4.5 km section connects Sheikh Zayed Road to Al Khail Road, with the road now expanded to four lanes in each direction, significantly easing congestion.

Faster commutes, smoother traffic

The upgrade is expected to dramatically improve daily travel:

  • Journey time reduced from 15 minutes to just 4 minutes
  • Road capacity doubled from 8,000 to 16,000 vehicles per hour

Major junctions upgraded include:

  • Al Asayel Street
  • First Al Khail Street
  • Key interchanges at Sheikh Zayed Road and Al Khail Road

What’s new on Hessa Street

The project introduces several infrastructure enhancements:

  • New slip road above the Dubai Metro Red Line
  • Widened bridges at major intersections
  • Direct links towards Sharjah and Deira via Al Khail Road

These upgrades are designed to streamline traffic flow and reduce bottlenecks across the corridor.

Supporting Dubai’s growing communities

According to Mattar Al Tayer, the project supports rapid urban expansion across key residential areas like Al Sufouh 2, Al Barsha, and Jumeirah Village Circle.

The population served is expected to exceed 640,000 by 2030, highlighting the importance of this upgrade.

What’s next

Phase Two is already underway, extending the project from Al Khail Road to Sheikh Mohammed bin Zayed Road.

Once complete, it will:

  • Cut travel time from 24 minutes to 5 minutes
  • Serve around 650,000 residents across 10 communities
  • Further expand road capacity

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Crime

UAE consumers hit by price hike? Firms now face prosecution

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In a strong move to protect consumers and market stability, the UAE Ministry of Economy & Tourism has referred a group of businesses to the Public Prosecution for unjustifiably increasing poultry prices.

Authorities said the group exploited ongoing regional developments to inflate prices, a practice that directly violates consumer protection laws and threatens both food security and economic stability in the country.

What the law says

Under Article 5 of the Regulation of Competition Law UAE, businesses are strictly prohibited from engaging in practices that distort or restrict competition.

This includes:

  • Price-fixing or artificially inflating prices
  • Coordinating to limit supply or control distribution
  • Colluding in tenders or bids
  • Imposing unfair conditions on sales or purchases

The law also bans tactics like hoarding, unjustified stockpiling, or creating artificial shortages to manipulate market prices.

Why this action matters

Officials emphasised that such violations go beyond simple misconduct, they can disrupt entire supply chains and impact everyday consumers.

By taking legal action, the ministry aims to:

  • Maintain stable food prices
  • Protect consumer rights
  • Ensure fair competition in the market
  • Safeguard national food and economic security

Ongoing market monitoring

This case is part of wider inspection campaigns being carried out across the UAE to monitor pricing and prevent manipulation, especially in essential goods like food.

Authorities have signalled zero tolerance for businesses attempting to exploit market conditions for unfair gains.

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