Latest news with #Digitalisation
Canada News.Net
3 days ago
- Business
- Canada News.Net
Borouge to develop AI-powered autonomous operations to accelerate growth
ABU DHABI, 25th June, 2025 (WAM) -- Borouge Plc has announced its collaboration with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which has the potential to revolutionise plant operations in the UAE. The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry's first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in petrochemicals. Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, said, "Borouge's AI, Digitalisation, and Technology (AIDT) transformation programme is setting new standards in operations, innovation and business performance. By collaborating with global AI leaders such as Honeywell, we are accelerating growth, driving efficiency, and enhancing shareholder value. This project further strengthens Borouge's competitive edge as we continue to deliver on our ambitious AIDT roadmap." As part of the collaboration agreement, both companies will bring their expertise in process technology and autonomous control capabilities to identify new opportunities to deploy Agentic AI solutions and advanced machine learning algorithms. George Bou Mitri, President of Honeywell Industrial Automation, Middle East, Trkiye, Africa, Central Asia, said, "By integrating AI and automation technologies into core operations, we are helping unlock new levels of efficiency, safety, and performance. This agreement shows how advanced technologies, applied with purpose, can reshape industrial operations at scale." The initiative aims to deploy the proof-of-concept technologies to enhance Borouge's operations across its Ruwais facilities in the UAE. The project is a key component of Borouge's company-wide AIDT programme, which is projected to generate $575 million in value this year. In 2024, Borouge's diverse portfolio of over 200 AIDT initiatives-spanning operations, health and safety, sales, sustainability, and product innovation-generated $573 million in value.
Al Etihad
5 days ago
- Business
- Al Etihad
Borouge to develop AI-powered autonomous operations to accelerate growth
25 June 2025 10:42 ABU DHABI (ALETIHAD) Borouge Plc has announced its collaboration with Honeywell to conduct a proof of concept for AI-powered autonomous operations, which has the potential to revolutionise plant operations in the collaboration between Borouge and Honeywell is set to deliver the petrochemical industry's first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in on the agreement, Hazeem Sultan Al Suwaidi, Chief Executive Officer of Borouge, said, 'Borouge's AI, Digitalisation, and Technology (AIDT) transformation programme is setting new standards in operations, innovation and business performance. By collaborating with global AI leaders such as Honeywell, we are accelerating growth, driving efficiency, and enhancing shareholder value. This project further strengthens Borouge's competitive edge as we continue to deliver on our ambitious AIDT roadmap.'As part of the collaboration agreement, both companies will bring their expertise in process technology and autonomous control capabilities to identify new opportunities to deploy Agentic AI solutions and advanced machine learning his part, George Bou Mitri, President of Honeywell Industrial Automation, Middle East, Türkiye, Africa, Central Asia, said, 'By integrating AI and automation technologies into core operations, we are helping unlock new levels of efficiency, safety, and performance. This agreement shows how advanced technologies, applied with purpose, can reshape industrial operations at scale.'The initiative aims to deploy proof-of-concept technologies to enhance Borouge's operations across its Ruwais facilities in the UAE. The project is a key component of Borouge's company-wide AIDT programme, which is projected to generate $575 million in value this year. In 2024, Borouge's diverse portfolio of over 200 AIDT initiatives—spanning operations, health and safety, sales, sustainability, and product innovation—generated $573 million in value. Source: Aletihad - Abu Dhabi
Daily Express
21-06-2025
- Business
- Daily Express
‘Review of e-commerce laws to be completed by August'
Published on: Saturday, June 21, 2025 Published on: Sat, Jun 21, 2025 By: Bernama Text Size: For illustrative purposes only. KOTA KINABALU: The review of e-commerce legislation, which began in April last year to develop a more responsive legal framework for regulating the industry and protecting consumer interests, is expected to be completed by August. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the review is now in its final phase before the recommendations are submitted to the Cabinet for approval and subsequently tabled in Parliament for the drafting or amendment of relevant laws. He said the key laws under the ministry's jurisdiction include the Consumer Protection Act 1999 and the Electronic Commerce Act 2006. 'Our aim is to finalise the review by the end of this year, including securing Cabinet approval on whether to introduce a new legal framework or amend existing laws to make them more conducive, comprehensive, and relevant to current challenges,' he told reporters after launching the Sabah-level 2025 Business Digitalisation Programme at Universiti Malaysia Sabah today. Armizan added that the review also seeks to identify gaps in existing legislation, assess regulatory scope, and benchmark Malaysia's e-commerce laws against international practices He said the review also considers issues and needs of both the industry and consumers, and will propose new legislation or amendments along with the most effective regulatory approach for Malaysia's e-commerce landscape. Advertisement 'At present, there is no direct regulation of platform operators or sellers in the e-commerce space. No decision has been made yet on whether to introduce a licensing regime or adopt a compliance-based approach. 'Our objective is not merely to establish a legal framework, but to create a regulatory mechanism that supports the growth of businesses using e-commerce platforms. We do not want future legislation to become a hindrance to the sector's potential,' he said. Armizan also announced that a townhall session with industry players will be held on July 17 to gather feedback and input on the proposed regulatory framework. He said several engagement sessions have already taken place, involving 63 entities from the public and private sectors, as well as industry representatives, in addition to surveys with e-commerce firms and users. 'All feedback obtained from these engagements and the review process will be thoroughly analysed and consolidated into comprehensive policy recommendations,' he said. Armizan noted that the e-commerce sector is projected to generate RM1.65 trillion in revenue this year. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Malay Mail
19-06-2025
- Business
- Malay Mail
Johor school launches Digitalisation Program with Affin Digital Space to boost creative learning
KLUANG, June 19 — Deputy Defence Minister Adly Zahari officiated the launch recently of the Digitalisation Program for Schools in Camps (SDK) at Sekolah Kebangsaan Sultan Sir Ibrahim (SK Sultan Sir Ibrahim) in Kluang, Johor. The event marked the unveiling of Affin Digital Space, a green screen technology studio designed for students and educators to create and implement creative media content. The Affin Digital Space at SK Sultan Sir Ibrahim is an initiative by the Ministry of Defence aimed at fostering creative technology among the children of defence personnel. Deputy Defence Minister Adly Zahari interacting with one of the students at Sekolah Kebangsaan Sultan Sir Ibrahim. — Picture by Mindef This effort aligns with the Digital Education Policy introduced by the Ministry of Education (KPM) in 2023, which aims to produce digitally fluent students equipped for the digital era. The policy also empowers educators and school leaders to integrate digital technology into the educational ecosystem, enhance infrastructure and digital education content, and optimise strategic partner engagement to catalyse digital learning. Deputy Defence Minister Adly Zahari at the launch of Digitalisation Program for Schools in Camps in Sekolah Kebangsaan Sultan Sir Ibrahim. — Picture by Mindef This year the Ministry of Defence has initiated three pilot SDK projects in collaboration with strategic partners, including KPM and Affin Bank Berhad. SK Kementah launched its Affin Digital Space on March 13, 2025, followed by SK TUDM Subang on May 2, 2025. At the recent event, the team at SK Sultan Sir Ibrahim demonstrated the use of green screen technology, video editing applications, and lighting techniques for video production. Deputy Defence Minister Adly Zahari was a guest at a 'live' video recording titled 'Bicara Pemimpin'. — Picture by Mindef A 'live' video recording session titled 'Bicara Pemimpin' featured Deputy Defence Minister Adly Zahari as a guest. During the ceremony, a cheque was presented by Affin Bank Berhad's Group Community Banking Director Mohammad Fairuz Mohd Radi to SK Sultan Sir Ibrahim's headmaster Zulnika bin Ramli. The cheque represents Affin Bank's contribution to the establishment of the Affin Digital Space, underscoring the Ministry of Defence's commitment to enhancing the ecosystem under 'Fokus 4: Memperkukuh Ekosistem Kesejahteraan', as outlined in the Defence Minister's 2025 New Year Address. Deputy Defence Minister Adly Zahari officiated the launch of Digitalisation Program for Schools in Camps in Sekolah Kebangsaan Sultan Sir Ibrahim. — Picture by Mindef The initiative also supports several national agendas, including 'Membangun Negara Madani', the National Fourth Industrial Revolution (4IR) Policy, and challenges in implementing teaching and learning. Notable attendees at the event included Brigadier General Hamdan Ahmad TUDM, Deputy Assistant Chief of Staff for Personnel Services; Brigadier General Zulhelmi Masdar, Commander of the 7th Brigade; Haji Mohd Hanafi Samad, Johor State Education Director; Colonel Mohd Sharif Ishak, Director of Education for the Malaysian Armed Forces; and the SK Sultan Sir Ibrahim community.
