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Dubai FinTech Summit to convene with more than 5,000 experts

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Dubai continues to solidify its reputation as a global hub for FinTech and Innovation ahead of the Dubai FinTech Summit taking place on 8 and 9 May this year under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; Deputy Prime Minister and Minister of Finance of the UAE; and President of the Dubai International Financial Centre.

Last year, investment in DIFC’s FinTech and innovation community exceeded $615 million and the total number
of active firms in the sector grew 36 per cent to 686.

The Fintech and Innovation sector in the Middle East, Africa and South Asia (MEASA) region is growing at pace with a market value forecasted to double in size from $135.9 billion in 2021 to $266.9bn in 2027 according to DIFC FinTech Hive’s 2022 FinTech Report.

The Dubai FinTech Summit will provide the perfect environment for connecting start-ups, investors and industry leaders tapping into this opportunity as they advance in the region and beyond.

Organised by DIFC, the leading international financial hub in the (MEASA) region, the Summit will bring together 5,000 global FinTech and technology experts to discuss innovations and challenges in the sector, as well as spotlight all things impacting the future of finance – from Web 3.0, Metaverse and Blockchain to decentralised finance,
regulation and policymaking, and the greater need for increased financial inclusivity.

Visitors will also be able to meet more than 100 FinTech exhibitors and join a series of panels and fireside chats. The Dubai FinTech Summit will take place at Madinat Jumeirah in Dubai.

The event will host esteemed local voices such as Abdullah Bin Touq Al Marri, UAE Minister of Economy and Essa Kazim, Governor of DIFC. The impressive roster of speakers at the summit include Bill Winters, Group CEO of Standard Chartered; Brad Garlinghouse, CEO of Ripple; Melissa Guzy, co-founder and managing partner of Arbor Ventures; and Michael Shaulov, CEO of Fireblocks; among others.

Currently home to 60 per cent of all FinTech companies based in the GCC, Dubai and DIFC is being recognised as a global centre for innovation, with its unique ecosystem and comprehensive approach to business, driving not only the future of finance but increasingly the future economy. As per MAGNITT, FinTech start-ups in MENA recorded a 183 per cent year-over-year growth in funding in 2021.

Highlighting the impact of the growing FinTech sector in the region, Mohammad Alblooshi, Head of DIFC Innovation Hub and FinTech Hive said: “The demand for FinTech services has grown significantly in the last few years, powered by digital technologies and innovation across sectors. In recent years, DIFC has successfully cemented its position as the finance and innovation hub in the MEASA region by offering the most comprehensive FinTech and venture capital environments. In line with its vision to drive the future of finance, DIFC has created lucrative opportunities for start-ups, global players, and unicorns to set up base in the Emirate.

“I’m confident that the Dubai FinTech Summit, organised by DIFC, will soon become the premier platform allowing us to capture the industry’s attention and fulfil our vision of making Dubai a new home for the future of FinTech and finance,” he said.

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Dubai launches world’s first human–machine collaboration classification system

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Board of Trustees at Dubai Future Foundation, has approved the launch of a groundbreaking global initiative. This classification system clearly distinguishes the role of humans and machines in creating creative, scientific, academic, and intellectual content.

A Transparent Approach to the Future of Content Creation

In a statement, Sheikh Hamdan said: “Distinguishing between human creativity and artificial intelligence has become a real challenge in light of today’s rapid technological advances. This calls for a new approach to recognise the growing role of intelligent machines. That’s why we launched the world’s first Human–Machine Collaboration Icons, a classification system that brings transparency to how research documents, publications, and content are created.”

He urged researchers, publishers, writers, designers, and content creators worldwide to adopt this system responsibly and in a manner that benefits society.

As part of the initiative, all Dubai Government entities have been instructed to implement the classification system in their research and knowledge-driven activities.

About the Human–Machine Collaboration (HMC) Classification

Developed by the Dubai Future Foundation, the HMC classification system introduces a new standard for content transparency. It allows users to visually identify the extent of human vs. machine contribution in the creation of any piece of work, from research reports and academic papers to design and digital media.

The classification applies across multiple sectors, including research, publishing, content creation, and design, all of which are increasingly influenced by automation and AI.

The Five Main HMC Icons

The system features five core icons to represent levels of human–machine collaboration:

  • All Human – Fully created by a human, no machine involvement
  • Human-led – Created by a human with machine assistance for accuracy or improvement
  • Machine Assisted – Collaborative creation between human and machine
  • Machine-led – Machine-driven content with human verification
  • All Machine – Fully generated by machines, without human input

In addition, nine functional icons highlight specific stages where collaboration took place, including ideation, data collection, analysis, interpretation, writing, visuals, and translation.

While the icons don’t quantify the exact level of machine contribution, they offer a transparent, standardised way to disclose collaboration, empowering creators and consumers alike.

A Global Call to Action

The HMC classification is designed to be adaptable across industries and compatible with all types of media, including text, image, and video content.

To learn more about how to use the HMC icons and download the full system, visit: www.dubaifuture.ae/hmc

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Free coffee, AI tributes, and love across generations mark Dubai Ruler’s birthday

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From complimentary coffee in Dubai and London cafes to touching AI-generated video tributes, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, was honoured across generations and platforms as he marked his 76th birthday on Tuesday, July 15. The day saw a blend of heartfelt gestures, both online and in real life, from local businesses surprising customers with free coffee to family members sharing nostalgic, tech-powered tributes that celebrated his remarkable journey as a leader, father, and visionary.

Marking the occasion, Saddle Cafe, an Emirati brand with branches in Dubai and London, surprised customers by picking up the tab for their drinks. Customers were delighted to find their receipts stamped with the message: “Your coffee is on the house in celebration of the birthday of His Highness Sheikh Mohammed Bin Rashid Al Maktoum.”

The gesture quickly gained attention on social media, where users praised it as a reflection of the UAE’s values of generosity, community, and leadership.

“This is what the UAE is all about,” wrote one X (formerly Twitter) user.
“A beautiful tribute for a beloved leader.”

#MohammedBinRashid trends across social platforms

The birthday of Sheikh Mohammed saw an outpouring of love online. Social media platforms were filled with rare photographs, leadership quotes, and prayers wishing the leader good health and a long life.

Many referred to him as a “dream maker” and “nation builder,” praising his vision, resilience, and lasting impact on the UAE and the wider Arab world.

“May Allah bless our leader, the man who turned Dubai into a global icon,” read one tribute.

A family tribute powered by AI

In a modern twist to traditional celebrations, Sheikh Mohammed’s children and grandchildren honoured him with AI-generated video tributes, creatively blending technology with emotion.

The widely shared videos chronicled Sheikh Mohammed’s journey from childhood and military service to public life and leadership, offering a deeply personal look at his legacy.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, posted a moving video showing AI-rendered moments with his father, from his boyhood to their more recent appearances together. The video struck an emotional chord with thousands across the UAE and beyond.

Created using advanced AI tools, the videos conveyed messages of pride, gratitude, and admiration for a leader who has inspired generations.

A legacy of leadership

According to the UAE Government Portal, Sheikh Mohammed was born in 1949. He began his public service career in 1968 as Head of Dubai Police and Public Security, became the UAE’s first Minister of Defence in 1971, and served as Crown Prince of Dubai from 1995 to 2006. He has been Ruler of Dubai, Vice President and Prime Minister of the UAE since January 2006.

From free coffee cups to cutting-edge tech tributes, this year’s celebration of Sheikh Mohammed’s birthday reflected not only his profound influence on the UAE’s past and present but also the deep affection and admiration he continues to inspire across generations and borders.

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Dubai inspections target delivery riders in road safety crackdown

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Dubai’s Roads and Transport Authority (RTA), in collaboration with multiple government agencies, has carried out more than 1,000 inspections targeting delivery motorcycle riders across the city, as part of an ongoing campaign to boost road safety and enforce regulatory compliance in the fast-growing delivery sector.

The joint effort included participation from Dubai Police, the Ministry of Human Resources and Emiratisation, Dubai Municipality, and the Dubai Health Authority.

The inspections focused on high-traffic areas such as Downtown Dubai, Jumeirah, and Motor City, according to Ahmed Mahboob, CEO of the RTA’s Licensing Agency.

Key violations detected:

  • Riders not wearing protective gear
  • Lack of certified training
  • Reckless driving
  • Operating vehicles without proper documentation

As a result, 19 motorcycles were impounded, and multiple warnings were issued.

To support education and compliance, the RTA also distributed QR codes linking riders to safety videos and training resources in multiple languages.

“It’s essential for delivery companies and riders to strictly follow all safety and licensing rules,” said Mahboob.
“This is not just about regulations, it’s about protecting lives and improving service quality across the emirate.”

Why it matters

With the rise in food delivery and e-commerce, delivery motorcycles have become a common sight on Dubai’s roads, and ensuring rider safety directly impacts everyone who shares the road.

The RTA confirmed that it will continue to run regular joint inspection and awareness campaigns to maintain a safe and sustainable delivery environment.

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