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Press Dossier   By Date  08/03/2023
How smart driving test system uses AI, sensors to evaluate drivers
The Smart Driving Test System (SDTS), which is used to test new drivers in Abu Dhabi, is an automated driving behaviour assessment that scores a candidate based on pre-defined testing criteria. This artificial intelligence system captures every action a driver takes during a test trip.
ADIB shareholders approve Dh1.7b cash dividend for 2022
Abu Dhabi Islamic Bank (ADIB) a leading financial institution, has announced that its general assembly has approved a cash dividend of Dh1.7 billion, or 49 fils per share, for the fiscal year ending December 31, 2022.
Salik to distribute Dh491.4 million dividend to shareholder for H2 2022
Dubai’s road toll company Salik will pay Dh491.4 million as second-half 2022 dividend to shareholder, according to a regulatory filing on DFM on Tuesday.
AMEX Saudi Arabia signs golf tournament partnership with AmCham
The American Chamber of Commerce Saudi Arabia signed a partnership with American Express Saudi Arabia to merge communities, spark networking and strengthen business corporations through golf during a signing ceremony at AMEX Saudi headquarters on Sunday.
Saudi Arabia records 6% growth in SMEs amid growing startup ecosystem
Saudi Arabia’s rapidly expanding startup ecosystem is driving small and medium enterprises in the Kingdom, with the number of such firms climbing to 1.14 million by the end of the fourth quarter of 2022.
UAE’s Emirates Global Aluminium reports a 34% rise in 2022 net profit
The Emirates Global Aluminium reported 7.4 billion dirhams ($2 billion) in 2022 net profit, a 34 percent rise from a year earlier.
Aramco signs $6bn deal to help South Korean companies win contracts in the Kingdom
Saudi Aramco has agreed a $6 billion framework deal with the Export-Import Bank of Korea that could help South Korean companies win contracts in the Kingdom.
Kuwait, Korea ink education deal
Kuwait University signed a memorandum of understanding Tuesday with South Korea’s King Sejeong Institute, a government-funded institute which assists students worldwide seeking to learn Korean language and culture.
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