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Presight, a leading big data analytics company in the region, and Intel, a global leader in cloud computing and AI solutions, have entered into a strategic collaboration. The partnership aims to accelerate applied AI projects and develop advanced AI solutions in the Middle East. This collaboration will involve mutual innovation, knowledge-sharing through technical workshops, and the creation of technology roadmaps. The goal is to empower developers in optimized AI application development, leading to innovative AI solutions that address the region's unique challenges and opportunities. The MOU also emphasizes strengthening AI data security and privacy using confidential AI technologies. This includes protecting sensitive data used in AI models throughout the AI lifecycle. Intel's trust authority technologies will be used to verify the trustworthiness of platforms running AI models, ensuring data security and integrity across the AI ecosystem.
On 15th May 2024, GFH Financial Group B.S.C. (Trading Code: GFH) announced the successful completion of its webcast for the first quarter 2024 financial results. The live webcast session was held at 1:00 p.m. Kingdom of Bahrain time. The announcement followed GFH's market notification dated 14th May 2024, inviting shareholders and investors to attend the webcast. The presentation discussed during the session and the script of the live webcast were attached in the announcement. The information was provided by Mariam Jowhary, Head of Compliance & AML at GFH Financial Group B.S.C.
The board meeting of Takaful Emarat Insurance PJSC was held on Wednesday, 15 May 2024, from 15:00pm to 16:30pm. Five board members were present, achieving a quorum of 88.3%. The board ratified the minutes from the previous meeting held on 5th April 2024, and approved the unaudited interim consolidated financial statements for Q1 ending 31 March 2024. Other matters were also discussed. The meeting's decisions were signed off by Board Secretary, Rayan Omer.