back to top

Oman plans OMR 10 million initiative to empower economy through AI

The national initiative, launched with the support and supervision of the Ministry of Economy, in cooperation with the Ministry of Transport, Communications and Information Technology, is aimed at enabling and encouraging investment and integration of artificial intelligence applications and technologies in development projects and programs in the economic diversification sectors specified in the Tenth Five-Year Development Plan (2021-2025).

It is structured to achieve economic development based on the technologies and uses of artificial intelligence; enhance the efficiency of development spending by increasing productivity, improving quality and reducing costs; enable and integrate AI applications and technologies into developmental projects; develop smart government services and ensure their quality; and enhance investment opportunities based on technology and innovation

As part of the application mechanism, government agencies and institutions will submit initiatives to the Ministry of Economy, which will be subject to evaluation by a specialized team in cooperation with the Ministry of Transport, Communications and Information Technology.

Latest

Dubai’s Dh2 billion Trump Tower set to rise in Q2-2025

The highly anticipated Trump Tower in Dubai is gearing...

Google unveils chip that outpaces supercomputers by 10 septillion years

Google has announced a groundbreaking achievement in quantum computing with its new chip, "Willow," capable of solving problems in minutes that would take supercomputers an unimaginable 10 septillion years.

Airbus appoints Eid Al Qahtani to lead new regional headquarters in Saudi Arabia

Since the 1970s, Airbus has continuously expanded its footprint...

Gulf stock markets see gains, boosted by rising oil prices despite regional tensions

Gulf stock markets started Tuesday on a positive note,...
spot_img

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Mrunal Khimji: ‘We owe it to the environment and future generations’

Meet the self-taught fashion designer who creates pieces that can be carried forward by generations. And be confident to repeat your clothes.
spot_imgspot_img

Google unveils chip that outpaces supercomputers by 10 septillion years

Google has announced a groundbreaking achievement in quantum computing with its new chip, "Willow," capable of solving problems in minutes that would take supercomputers an unimaginable 10 septillion years.

First-ever humanoid robot portrait sale to explore the future of AI in art

The portrait, titled "AI God," is a 2.2-metre-tall depiction of Alan Turing, the renowned mathematician and early computing pioneer. The work is expected to...

Dubai’s new AI assistant for health professionals tackles burnout

Set to launch next year, the Ambient Voice Solution (AVS) aims to empower doctors to focus more on patient care rather than paperwork. Introduced during...