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Zawya
21 minutes ago
- Zawya
Islamic Development Bank Institute and Prince Mohammed Bin Salman College of Business & Entrepreneurship Launch Entrepreneurial Mindset Development Program
The Islamic Development Bank Institute (IsDBI) ( and Prince Mohammed Bin Salman College of Business&Entrepreneurship (MBSC) are pleased to announce the launch of the Entrepreneurial Mindset Development Flagship Program, as part of a strategic collaboration aimed at nurturing the next generation of innovative entrepreneurial leaders. The partnership reflects a shared vision to empower a new generation of entrepreneurs across IsDB Member Countries and Muslim communities worldwide, fostering sustainable growth through innovation, ethical business practices, and economic inclusion. Participants of the program will gain access to world-class faculty, diverse global perspectives, and peer learning opportunities, enabling them to build impactful networks and acquire actionable skills. The Entrepreneurial Mindset Development Flagship Program consists of three intensive modules, combining live online sessions with immersive in-person experiences at the MBSC campus in King Abdullah Economic City. In his comments on this occasion, Dr. Sami Al-Suwailem, Acting Director General, IsDB Institute, said, 'Our strategic collaboration with MBSC is inspired by our commitment to innovation, sustainable development, and dynamic learning experiences.' For his part, Professor Zeger Degraeve, Executive Dean, MBSC, said, 'Prince MBSC's collaboration with the IsDB reflects our shared commitment to expanding opportunities and delivering credible world-class business education.' Learn more and apply to the Program here ( Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI). Social media handles: X (Twitter): Facebook: LinkedIn: About the Islamic Development Bank Institute: The Islamic Development Bank Institute (IsDBI) is the knowledge beacon of the Islamic Development Bank Group. Guided by the principles of Islamic economics and finance, the IsDB Institute leads the development of innovative knowledge-based solutions to support the sustainable economic advancement of IsDB Member Countries and various Muslim communities worldwide. The IsDB Institute enables economic development through pioneering research, human capital development, and knowledge creation, dissemination, and management. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives. More information about the IsDB Institute is available on
Zawya
21 minutes ago
- Zawya
Tech Mahindra joins J.P. Morgans Payments System Integrator Program
Pune – Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced it has joined J.P. Morgan Payments System Integrator Program to empower global enterprises to upgrade their payment infrastructure and deliver smarter, more personalized customer experiences. By joining the program, Tech Mahindra will bring its deep expertise in real-time payments, data reconciliation, and enterprise resource planning (ERP) implementations for global clients. With experience in over 1,800 SAP implementations, Tech Mahindra's strength in enterprise transformation, combined with J.P. Morgan Payments' robust payments infrastructure, will help businesses optimize their financial operations. Together, they will empower enterprises with near real-time tracking, enhance reporting and elevate business dashboard functionality by leveraging SAP's Generative AI and Build Process Automation innovations. Roshan Shetty, Head of BFSI & Public Sector - Americas, Tech Mahindra, said, 'Enterprises are increasingly looking to modernize complex payment infrastructures that can deliver on specific client needs. Our collaboration with J.P. Morgan Payments will enable businesses to deploy next-generation payment solutions at scale and help them drive sustainable growth while catering to evolving market needs.' As part of the program, Tech Mahindra will also support the global deployment of J.P. Morgan Payments' next-generation solutions by leveraging its strong delivery capabilities, and broad market presence across key industries and geographies. J.P. Morgan Payments combines treasury services, trade & working capital, and card and merchant services capabilities to help pay customers or employees in different currencies around the world. It processes more than $10 trillion payments daily, operating in over 160 countries and over 120 currencies. Sam Yen, Global Head of Enterprise Application Solutions at J.P. Morgan Payments, said, ' We're committed to meeting our clients' needs at every stage of their journey with our ERP solutions. This collaboration will allow us to offer clients the stability and resiliency of J.P. Morgan Payments combined with Tech Mahindra's technology expertise to help them build future-ready experiences that accelerate their business growth.' The System Integrator Program helps joint customers build comprehensive payment strategies by combining J.P. Morgan Payments solutions with expertise from professional service partners. The program is part of the J.P. Morgan Payments Partner Network, which brings together over 80 third-party relationships to help meet customer business needs for end-to-end payment experiences. Read more about Tech Mahindra's offerings through the J.P. Morgan Payments Partner Network here. About Tech Mahindra Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 148,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative's Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies. For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit Our Social Media Channels
Zawya
an hour ago
- Zawya
Explaining the ‘Intelligence Grid': G42's vision for AI as a global, inclusive super-utility
G42's Supercharged event brought together more than 2,400 global leaders in Abu Dhabi, including Sam Altman. But one phrase dominated the day. What is the Intelligence Grid, and why is everyone talking about it? Abu Dhabi, UAE – Earlier this month, G42, the leading Abu Dhabi-based artificial intelligence and advanced technology group, concluded its flagship event, Supercharged. With record-breaking scale and ambition, the summit brought together over 2,400+ employees, partners, and global leaders for a day of boundary-pushing dialogue and collaboration, including Microsoft President Brad Smith, OpenAI CEO Sam Altman, and senior UAE leaders. One phrase echoed throughout the day, on stage, in sessions, and across conversations, the 'Intelligence Grid.' But what is it? WHAT IS THE INTELLIGENCE GRID? Like electricity, the Intelligence Grid is G42's vision of AI as a real-world utility, an always-on, intelligent infrastructure woven into the fabric of everyday life, according to a G42 spokesperson. Rather than being a singular product or platform, it represents a connected system of technologies designed to deliver knowledge, capabilities, and support across every sector, on demand. It is built to be accessible, sovereign, and scalable, with the goal of enabling governments, industries, and communities to use AI to enhance decision-making, optimize systems, and power sustainable growth. In simpler terms, the Intelligence Grid is G42's vision of an invisible layer of intelligence. Not limited to a screen or a prompt, this layer will seamlessly be woven into the world around us. It merges the physical and digital world, delivering AI-powered knowledge and support in real time. This could mean hospitals that anticipate patient needs, traffic systems that adapt on the fly, emergency services that respond faster using satellite data, or government services that feel effortless. WHAT'S THE IMPACT OF THE GRID? Economically, this shift is poised to be transformative. AI is projected to contribute up to 14% of the UAE's GDP by 2030, equivalent to approximately $100 billion. This growth stems from AI's ability to enhance productivity, streamline operations, and foster innovation across sectors. Rather than replacing jobs, the Grid aims to augment human capabilities, enabling workers to focus on more strategic and creative tasks, thereby driving inclusive economic growth and positioning the UAE as a global leader in AI integration, the spokesperson explained. Speaking about his vision, Peng Xiao, Group Chief Executive Officer at G42, added, 'Electricity was invented more than 140 years ago, yet today, millions of people across the Global South still live without reliable access to it. As we now build the infrastructure through projects like Stargate UAE and the 5GW UAE-U.S. AI Campus to distribute intelligence, we cannot afford to repeat that mistake. The Intelligence Grid must be designed from the outset to be inclusive, equitable, and universally accessible, so that the benefits of AI reach every corner of the world, not just the privileged few.' HOW IT WORKS: THE BUILDING BLOCKS OF THE INTELLIGENCE GRID At the heart of the Intelligence Grid is a portfolio of G42 companies, each delivering critical building blocks, the spokesperson said. Khazna Data Centers provides the high-performance infrastructure required to house and scale AI workloads. Core42 enables sovereign cloud and compute capabilities that ensure compliance and data protection across jurisdictions. Inception develops advanced AI models that serve as the thinking layer of the Grid, from large language models to specialized AI applications. CPX delivers an integrated security architecture to ensure operational continuity and growth. Presight transforms raw data into intelligence using advanced analytics and generative AI tools tailored to specific industries. Space42 adds a global layer of visibility and control through satellite communications and geospatial insights. Analog deploys sensor-driven technologies and edge computing infrastructure to connect physical and digital environments. AstraTech brings disruptive innovation to the everyday consumer. Together, these companies, supported by global partnerships with Microsoft, OpenAI, NVIDIA, Cerebras, and others, create the operational fabric of the Intelligence Grid. Their work is reinforced by G42's investments in research and responsible AI development, including initiatives with MBZUAI and new Responsible AI Centers launched in collaboration with Microsoft. DESIGNED FOR SOVEREIGNTY, BUILT FOR SCALE The Intelligence Grid reflects G42's commitment to data sovereignty and ethical governance. As AI increasingly intersects with national policy, economic competitiveness, and global collaboration, the need for trusted, compliant, and sovereign infrastructure has never been greater. By combining technological capability with strategic foresight, G42 is working to ensure that the benefits of AI are widely accessible, responsibly deployed, and embedded in the systems that shape our world. At G42, the Intelligence Grid is not a distant vision; it is already powering real-world transformation across healthcare, energy, government, and beyond. 'The Intelligence Grid is already making a tangible difference in people's lives. From sequencing over 800,000 genome samples to advance precision healthcare, to reducing emissions through smart mobility, to deploying AI for disaster response across the region, we are seeing the real-world impact of this infrastructure every day. It's streamlining financial oversight, accelerating energy innovation, and breaking down language barriers for billions. This is what it means to operationalize intelligence at scale, and why we believe its benefits must be as far-reaching and inclusive as possible,' Peng Xiao concluded. About G42 G42 is a technology holding group and a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities today. Media contact TrailRunner International; G42@
