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UAE's ATRC Launches Global Tech R&D Platform at WGS 2024: Allocates US$200 Mn Fund to Accelerate Innovation for Developing Nations

TII · Mar 17

Abu Dhabi’s Advanced Technology Research Council (ATRC) launched the ‘ATRC Global Tech R&D Platform’ at the World Governments Summit (WGS) 2024. The platform aims to provide countries access to the UAE's technological expertise and address their unique challenges. ATRC is allocating US$200 million in funding to accelerate innovation for emerging and developing nations, focusing on sectors like aerospace, healthcare, and sustainability. Why it matters: This initiative positions the UAE as a global hub for technology R&D and strengthens its role in fostering inclusive growth by providing crucial support to developing nations.

Sri Lanka Uses AI To Reshape Airfares On Key Routes - thetraveler.org

The National · Mar 30

The article discusses Sri Lanka's initiative to utilize Artificial Intelligence to modify airfare pricing on key routes. This move aims to optimize ticket costs and potentially enhance the competitiveness of the national airline or the overall travel sector. No specific AI models, companies, or timelines are detailed in the provided title. Why it matters: This news is outside the scope of Middle East AI developments.