News

Prime Minister of UAE initiates a $1 million Arab Coders Challenge.

Published

3 years ago

19/07/2021

Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed Bin Rashid Al Maktoum, who is also the ruler of Dubai, called upon the graduates of the One Million Arab Coders initiative to compete in the initiatives challenge and develop projects and solutions using the skills they acquired during their participation in the program.

It was announced that the grand prize for the most groundbreaking coding project is $1 million, and five runners-up will receive $50,000 each. In addition, four of the best trainers will win $25,000 each.

The projects of Interested graduates can be submitted through the official website of the One Million Arab Coders initiative: www.arabcoders.ae.

The evaluation of the entries will be conducted by a jury of experts in coding, technology, and entrepreneurship from the UAE and abroad. The winners will be announced at ceremony held at the Expo 2020 Dubai venue towards the end of the year.

Led by the Dubai Future Foundation (DFF) and within the framework of the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), One Million Arab Coders was the biggest enterprise of its kind in the world that had the objective of teaching one million young people from the Arab world how to code.

In spite of the obstacles and logistical challenges posed by the coronavirus outbreak in 2020, the initiative successfully achieved its goal within the set timeframe of three years.

In a series of tweets posted on his official Twitter account, Sheikh Mohammed bin Rashid Al Maktoum praised the achievements of the One Million Arab Coders initiative, saying: “One million Arab coders from 80 countries joined the most important programme to train them in the language of the future… through five million working hours, 76,000 training workshops, 100,000 successful graduation projects and 1,500 scholarships for outstanding students… a great achievement for our Arab youth in three years.”

He added: “The process of development and digitalization in the region continues under the leadership of the UAE. The graduates of the One Million Arab Coders are invited to participate in the biggest coding challenge announced from Dubai to the

Sheikh Mohammed also announced recently the launch of the National Program for Coders in partnership with Google, Microsoft, Amazon Web Services (AWS), Cisco, IBM, Hewlett Packard Enterprise (HPE), LinkedIn, NVIDIA, and Facebook. The scheme seeks to train 100,000 coders, establish 1,000 digital companies that will go global, and increase start-up investments from AED1.5 billion to AED4 billion.

News

Air Service World Congress 2024 to be held in Kurumbaa Maldives

Published

2 hours ago

25/04/2024

The Air Service World Congress serves as a significant platform for international representatives from the route development community to discuss the future of global air service growth and development. The annual forum is scheduled to be held from July 9 to July 11 in Kurumbaa Maldives.

Speaking regarding the event to PSM News, Corporate Communication Manager of Maldives Airport Company Limited (MACL), Shamaan Shakir disclosed that efforts are underway to register airports and airlines, market the congress and ensure maximum number of airports and airlines participate in the forum. Shamaan additionally revealed that decisions have been made such that Velana International Airport (VIA) is set to be the official host of the Air Service World Congress 2024, marking the first time the Maldives welcomes this significant global event.

With 55 airlines attending, the prestigious event will feature insightful industry discussions, individual meetings, and ample networking opportunities. Several discussions are to take place during the event as this forum will serve to connect airlines and airports.

Moreover, Shamaan stated that this presents a unique prospect for VIA to showcase its advancements and establish alliances with prominent airlines. He further emphasised that the congress will assist to acquiring additional airlines to operate flights within other international airports within the nation. Hence, he expressed confidence that the opportunity of hosting the global event will benefit all the airports operating in the country.

VIA was announced as the official host of the event, following the successful conclusion of the Air Service World Congress 2023 in Oakland, San Francisco Bay Area.

Source(s): PsmNews

News

First SEZ approval for floating solar project

Published

2 hours ago

25/04/2024

The first permission under the Special Economic Zone (SEZ) Act, has been extended to establish a floating solar system in the Greater Male’ region.

The project was greenlit at the third meeting of the Ministry of Economic Development and Trade’s Board of Investment, held on Wednesday.

Ministry of Economic Development and Trade reported it had extended the project approval to Canada’s Abraxas Power Corp, which it is set to run in partnership with Sungrow Power Supply Co Limited.

Under the project, a 150-megawatt floating photovoltaic (PV) power plant and supporting infrastructure would be established, while additional fund injection would required to connect the project to the main electrical grid in the Greater Male’ region.

The initiative is aligned with President Dr. Mohamed Muizzu’s vision of expanding renewable energy share in the national power supply network to 33% by 2028.

While the renewable plan will pave way towards expanding the alternative utility footprint in the Maldives, President Muizzu announced receipt of a large-scale proposal under the SEZ on December 24th, 2023 – days after the government decided to reduce the lowest project value for an SEZ initiative.

Earlier on December 17 last year, President Muizzu reduced the lowest project value of an SEZ projects to USD 100 million, which previously stood at USD 150 million.

The SEZ Act was first introduced in 2015 under which special economic zones focused towards developing various economic initiatives were set.

President Muizzu pledged to inroduce special economic zones across the Maldives and open up foreign investment prospects.

Source(s): sun.mv

News

Uthuru Thila Falhu to reduce imports, ensure food security: Minister Saeed

Published

14 hours ago

24/04/2024

Minister of Economic Development and Trade Mohamed Saeed has emphasised the government’s endeavor to enhance food security through the Uthuru Thila Falhu project, aiming to curtail imports.

In an interview with a private media outlet, Minister Saeed underscored the significance of locally sourced products in ensuring food security for citizens. He also highlighted plans for island-level production.

Additionally, Minister Saeed outlined a upcoming initiative set to launch in Uthuru Thila Falhu, focusing on bolstering food security by cultivating ample fruits, vegetables, and seafood to cater to both resorts and residential areas across the nation. He said that the project aligns with President Dr. Mohamed Muizzu’s vision for the country, aiming to transform Uthuru Thila Falhu into a pivotal food hub.

Furthermore, Minister Saeed disclosed that the Maldives Industrial Development Free Zone has entrusted the China Harbour Engineering Company with reclaiming land and establishing an agricultural zone in Uthuru Thila Falhu. The project includes the creation of a specialized agricultural zone serving as a pivotal distribution center for agricultural products and inputs.

Source(s): PsmNews