Lubna Olayan joins global trade leaders in Riyadh

Lubna Olayan, SABB chair, gave the keynote speech at the forum.
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Updated 09 March 2020

Lubna Olayan joins global trade leaders in Riyadh

Riyadh hosted a global conference on Feb. 25 when the Asia House Middle East Trade Dialogue convened in the city. The dialogue looked ahead to the Kingdom’s key priorities for 2020, with sustainability, renewable energies and the role of women in the economy on the agenda. Wider developments and key trends in world trade were also explored by leading business and policy figures.
Lubna Olayan, chair, Saudi British Bank (SABB), gave the keynote speech at the forum, organized by Asia House — a London-based center of expertise on trade and investment in Asia and sponsored by SABB.
Other speakers included Simon Penney, UK trade commissioner to the Middle East; David Dew, managing director, SABB; and Victor Gao, vice president, Center for China and Globalization.
Lord Green, chairman of Asia House and former UK trade minister, said: “The Middle East remains an extremely important region for global trade, especially as the Gulf broadens its relationships with Asian markets. Just last year, more than 1,000 international companies set up new operations in Saudi Arabia, highlighting business interest in the Kingdom.
“With Saudi Arabia hosting the G20 this year, we believe it is an important time to bring our trade dialogue to Riyadh to explore the economic shifts taking place in the region and beyond. We are particularly honored to have Lubna Olayan share her unique insights with our audience of senior business and investment figures.”  

Our shared desire to fast-track the digitization of trade through continuous innovation, led to SABB being the first bank in Saudi Arabia to complete a blockchain-based trade transaction, a milestone of which we are especially proud.

Lubna Olayan Chair of SABB

Olayan said: “Trade has historically always been important to the development of the Kingdom, and that is equally true today as the Far East and the Middle East are once again becoming increasingly connected and we begin a year in which Saudi Arabia leads the G20, with deliberations around trade and investment being a major focus of the B20. 
“Through our partnership with HSBC, we are well positioned to support the growing trade volumes with Asia, and we see significant opportunities for collaboration with initiatives such as China’s Belt and Road and Saudi Arabia’s Vision 2030. Our shared desire to fast-track the digitization of trade through continuous innovation, led to SABB being the first bank in Saudi Arabia to complete a blockchain-based trade transaction, a milestone of which we are especially proud.”
The conference featured discussions on the key issues shaping both regional and global trade, such as women leaders and sustainability and the rise of clean energy.


MBRSC opens registration for space science camp

Updated 09 August 2020

MBRSC opens registration for space science camp

The Mohammed Bin Rashid Space Centre (MBRSC) has announced the opening of registration for the Deep Learning Camp for university students, which will be held virtually from Aug. 18 to 20. The Deep Learning Camp is part of the initiatives of the MBRSC to support the UAE’s strategic directions in the science and technology fields, promoting the building of a generation capable of adopting advanced technologies to tackle future challenges.

Through the camp, MBRSC aims to provide the youth with a unique experience to explore space science through theoretical and practical lessons, activities conducted by experts and specialists in the field from the center. The camp is a great opportunity for students interested in the field of space sciences to acquire new skills about remote sensing and satellite analysis.

Yousuf Hamad Al-Shaibani, director general, MBRSC, said: “The Mohammed Bin Rashid Space Centre is keen to make effective contributions that support the UAE’s strategic directions in the science and technology field. Young people can explore the important aspect of space science and modern technologies that are the basis for advanced science in all fields through this camp. The UAE’s ambition to strengthen its leadership in the space sector is clear, as the country is taking prominent initiatives in space technology and enhancing its role in this field. This has acted as a catalyst for younger generations to study such scientific disciplines.”

Saeed Al-Mansoori, head of application development and analysis section, MBRSC, said: “Through these initiatives, we are working to prepare the youth and develop their skills to keep pace with the future of deep learning and artificial intelligence technologies. To keep pace with the developments in the field of space sciences and technology in the region and globally, it has become necessary to possess such important skills and knowledge.”

“This camp is a great opportunity for students interested in space science. The camp includes theoretical and practical activities, including sessions on satellite image analysis, remote sensing and artificial intelligence, and other topics related to enriching young people’s knowledge and attracting them to this field,” added Al-Mansoori.

The Deep Learning Camp is divided into theoretical and practical sessions. The theoretical sessions deal with the definition of the principles of deep learning, its applications and the techniques used therein, with focus on satellite image analysis. The practical sessions will involve learning the applied aspects of deep learning through specialized machine learning applications, including Python programming with Google Colab. The practical session will also engage the participants in a technological challenge through a hackathon, with great prizes awaiting the winners.

During the three-day camp, participants will learn 3 key elements: Principles of deep learning and artificial intelligence, how to use satellite imagery, and the ability to analyze and classify satellite images from a set of satellite image data.