Saudi Insurance & Financial Academy hold training course for journalists

Saudi Insurance & Financial Academy hold training course for journalists
Adel Al-Eisa, head of Media and Insurance Awareness Sub-Committee, Saudi Insurance
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Updated 29 May 2024
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Saudi Insurance & Financial Academy hold training course for journalists

Saudi Insurance & Financial Academy hold training course for journalists

Saudi Insurance, through its Media and Insurance Awareness Sub-Committee, and in collaboration with the Financial Academy, conducted a comprehensive training course titled “Insurance Industry for Media Community.” Held on May 26-27 at the Financial Academy’s head office in King Abdullah Financial District, Riyadh, the training course targeted journalists, reporters, editors, TV and radio presenters, and media professionals interested in covering the Saudi insurance market news.

The training course, led by Adel Al-Eisa, head of the Media and Insurance Awareness Sub-Committee, covered a number of essential topics. These included the definition and types of risks, the importance of insurance, different types of insurance products, governance in insurance and fraud prevention, and the roles of regulatory bodies in the Saudi insurance industry, including the Insurance Authority.

Al-Eisa said: “The media plays a crucial role in educating the public about the importance and benefits of insurance. Our goal with these training courses is to equip media professionals with the knowledge they need to accurately and effectively communicate the intricacies of the insurance industry to their audiences.”

Chief of Capabilities Development at the Financial Academy Mohammed Alhamazany, expressed the academy’s pride in participating in this initiative for the sixth year in a row.

“Enhancing understanding of insurance among media professionals is vital to enhancing transparency and trust in this key sector,” he said.

Alhamazany added: “The ‘Insurance Industry for Media Community’ training course forms part of a broader effort that began five years ago, as the Media and Insurance Awareness Sub-Committee organized several training courses within the framework of the program in different cities in Saudi Arabia to ensure widespread participation.”

He said that the Financial Academy is also working on building partnerships with local and international institutions to enhance the exchange of knowledge and expertise, ensuring the highest levels of efficiency and professionalism in the financial sector.

“The next training course is scheduled to be held soon in another region of the Kingdom, continuing the mission of educating and enhancing knowledge of the media community, thus enhancing the overall quality and accuracy of news coverage related to the Saudi insurance sector,” Alhamazany added.


Honor sets new standards in battery innovation

Honor sets new standards in battery innovation
Updated 25 June 2024
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Honor sets new standards in battery innovation

Honor sets new standards in battery innovation

In today’s world, smartphones have become essential tools for enhancing productivity, and battery life holds immense importance for users who rely on their devices for prolonged usage. Recognizing this need, Honor is committed to pushing the boundaries of battery technology to enhance smartphone capabilities, the global tech company said in a statement.

Honor has embarked on groundbreaking innovation in battery technology, standing out as the first brand to apply emerging battery innovations from other industries to smartphones, bringing the new second-generation silicon-carbon battery to the Magic6 Series.

The second-generation silicon-carbon battery integrates cutting-edge silicon-based materials, delivering enhanced performance and extended battery life, even in challenging low-temperature conditions. This innovation represents a significant leap from traditional lithium batteries, leveraging nanostructured silicon-carbon materials to ensure stability and reliability. Notably, it boosts power density by an impressive 6 percent and supports rapid charging speeds up to 80 W, surpassing industry benchmarks.

Driving these advancements is the Power Enhanced Chip Honor E1, a proprietary chipset that revolutionizes power management and efficiency. Featuring the smart discharging solution and a specialized low-temperature algorithm, this chipset optimizes battery performance across various usage scenarios, ensuring precise power management and prolonged battery life.

To guarantee safety and durability, Honor subjected the second-generation silicon-carbon battery to rigorous testing protocols. These tests, which include environmental simulations and reliability assessments under extreme conditions such as drops and vibrations, exceed standard industry requirements. The battery has earned prestigious certifications like UK Conformity Assessed marking and CE marking, underscoring its adherence to stringent quality and safety standards.

With the introduction of the second-generation silicon-carbon battery, Honor not only enhances smartphone capabilities but also leads in driving technological advancements. This innovation promises users extended battery life and reliability, redefining industry standards and paving the way for future innovations across diverse sectors.

“Honor’s commitment to integrating silicon-carbon technology underscores its dedication to delivering exceptional smartphone experiences and fostering collaborations for future cross-industry innovations,” the company said.


Chery joins forces with Aimoga to enter smart robot industry

Chery joins forces with Aimoga to enter smart robot industry
Updated 25 June 2024
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Chery joins forces with Aimoga to enter smart robot industry

Chery joins forces with Aimoga to enter smart robot industry

Boston Dynamics is retiring Atlas, the famous iconic bipedal robot in existence. This news has sparked considerable interest within both the tech industry and the general public, raising questions about the future trajectory of robotics technology and potential development directions. 

As a trailblazer in humanoid robotics, Atlas has achieved global recognition for its remarkable mobility and dynamic balance capabilities, setting numerous milestones along the way. 

The retirement of Atlas serves as a microcosm, reflecting the broader development trajectory of the robotics field.

Meanwhile, a bipedal robot with Embodied AI, Mornine, a product of the collaborative efforts between Chery and Aimoga, is poised to make its debut at an upcoming CEO-themed conference.

Mornine is driven by electric motors and runs on battery power, departing from Atlas’ hydraulic system. While it may not match Atlas’s explosive power and performance on tough terrain, Mornine excels in scalability and cost-effectiveness, making it ideal for large-scale production and commercialization. Mornine features a highly biomimetic design, with its face crafted from human-like silicone biomimetic material. 

This material is engineered to deliver lifelike visual effects and tactile sensations. Moreover, Mornine can simulate human oral and facial muscle movements, articulating expressions like speaking, smiling, and opening its mouth convincingly.

Mornine is equipped with large language models that, when integrated with robotics technology, allow it to harness the model’s capabilities in understanding and generating language. This capability enables Mornine to accurately interpret verbal or written commands from humans and translate them into specific action strategies.

Mornine’s versatility spans across a wide spectrum of application scenarios, positioning it to pioneer a new customer ecosystem service system.

Its evolution unfolds through three transformative stages, each introducing groundbreaking features and expanding application horizons in response to technological advancements and evolving societal demands.

During the initial stage, Mornine serves as a proficient information provider and product adviser. For instance, within settings like automotive sales centers or showrooms, Mornine leverages its extensive knowledge base to deliver precise responses to customer inquiries and provide detailed product insights and recommendations via voice or screen interfaces.

Advancing into the second stage, Mornine integrates advanced capabilities such as visual recognition and autonomous navigation. It can autonomously navigate and guide customers to specific product locations, utilizing its dexterous robotic arms for physical demonstrations and operations, and even assisting customers with product handling tasks.

In its third and final developmental stage, Mornine evolves into a comprehensive home assistant, offering a myriad of services in home care scenarios.


Emirati-Chinese cultural exchange on show at book fair

Emirati-Chinese cultural exchange on show at book fair
Updated 24 June 2024
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Emirati-Chinese cultural exchange on show at book fair

Emirati-Chinese cultural exchange on show at book fair

In a bid to support Emirati publishers in exploring the trends of the Chinese publishing market and understanding the aspirations of readers in this ancient country, the Emirates Publishers Association participated in the Beijing International Book Fair 2024. This event, one of the most influential book fairs in Asia, took place from June 19-23.

The association’s participation, featuring a dedicated pavilion, underscored its commitment to supporting Emirati publishers and advancing the publishing industry in the UAE. This initiative aligns with the vision and directives of Sheikha Bodour bint Sultan Al-Qasimi, founder and honorary president of the EPA.

As part of its ongoing efforts to provide global expansion opportunities for its members, the EPA successfully secured sponsorship from the Beijing International Book Fair for three of its members through the SME sponsorship program. This program, which supports small publishers worldwide, offered a unique opportunity to 30 publishers globally, including three Emirati publishers. The selected publishers benefitted from a sponsored pavilion, training courses, and networking opportunities to expand their businesses both in China and internationally.

The three sponsored publishers are: Khalid Al-Ali, founder of Bawabat Al-Kitab Publishing House; Nour Arab, founder of Nour Publishing; and Kira Jean, founder of The Dreamwork Collective, a community of writers, entrepreneurs, creators, and trainers committed to inspiring creators and sharing their stories with the world.

Publisher Mohammed Bindekhain, member of the EPA board and treasurer, and director of Altakhayol Publishing House, said that participating in the exhibition reflects the UAE’s openness to diverse cultures and civilizations. He emphasized the association’s dedication to strengthening cultural cooperation and exchange between China and the UAE, and to leveraging China’s pioneering experience in publishing and knowledge production.

He said: “The book fair provides an opportunity to strengthen ties with international organizations and institutions in the publishing sector. It also serves as a platform to promote Emirati publishers and open horizons for forming partnerships to exchange publishing and translation rights through organized sessions with international publishers.”


Hyundai deploys robots at Seoul smart office

Hyundai deploys robots at Seoul smart office
Updated 24 June 2024
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Hyundai deploys robots at Seoul smart office

Hyundai deploys robots at Seoul smart office

Hyundai Motor Group announced the deployment of Hyundai Motor and Kia’s “DAL-e Delivery” robot and Hyundai WIA’s “Parking Robot” at Factorial Seongsu, providing innovative services at the robot-friendly office building in Seoul. The group also released a video of its deployed robots.

At IGIS Asset Management’s Factorial Seongsu, occupants can enjoy beverage delivery from the DAL-e Delivery robot and parking services from the Parking Robot, both utilizing the group’s latest technologies.

“With DAL-e’s full-fledged delivery service, we aim to make Factorial Seongsu the first building to apply our Robot Total Solution,” said Dong Jin Hyun, vice president and head of Robotics LAB at Hyundai Motor Company and Kia Corporation. “We plan to expand our robotics services to more buildings, making these technological enhancements a major criterion for space innovation.”

The group has proposed a “Robot Total Solution” development plan, which involves using various robots and facial recognition systems in smart buildings, starting with Factorial Seongsu. It also intends to develop a “multi-integrated control system” for managing multiple delivery robots within the Robot Total Solution.


Commvault boosts emerging markets operations

Commvault boosts emerging markets operations
Updated 24 June 2024
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Commvault boosts emerging markets operations

Commvault boosts emerging markets operations

Commvault, a provider of cyber resilience and data protection solutions for the hybrid cloud, has announced the appointment of Ravi Baldev as senior director, sales engineering, emerging markets.

In his role as sales engineering director, Baldev will lead his team to continue supporting the development of new business within the emerging markets, providing invaluable leadership to the talented pre-sales team in the region.

With extensive and significant background at Dell, Ravi served as the chief technology officer (field) for cyber resilience in EMEA, where he orchestrated high-level engagements with CxOs, earning recognition as a central advocate for the organizations he worked with.

Prior to his time with Dell, Baldev has also held senior positions with ISIT AE, HSBC and STME.