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Sharjah University celebrates ‘UAE Codes’ Day in collaboration with National Programme for Coders

DUBAI, University of Sharjah has announced that it will organise an array of events, including competitions, virtual discussions, debates, and workshops as part of the “UAE Codes” Day celebrations.

The UAE Codes Day events, organised by the National Programme for Coders, will witness the participation of professors, teachers, and experts at the University of Sharjah, aiming to activate initiatives that focus on spreading knowledge and coding languages, enhancing the role of coders and technological developers, and celebrating success stories across the UAE and the world.

Colleges of Computing and Informatics; Science; Engineering, and College of Business at the university will celebrate through discussion about several topics, which will focus on the importance of coding for engineers, the priority for students to learn leverage coding and future languages, benefits of being a computer scientist, and the necessity of teaching kids coding.

Discussions and competitions aim to increase students’ awareness of coding and discuss its critical role in business growth and computational studies in Physics and Chemistry, which reflect the importance of coding for all fields to ensure sustainability in curriculum development and teaching methods.

The events will also include announcing the UAE Codes competition winners organised by the University of Sharjah to enhance students’ competencies in designing solutions for challenges and achieving The National Programme for Coders goals.

UAE Codes Day will witness many events organised by the federal government and private entities across the UAE, including meetings, workshops, competitions, and hackathons to spread coding concepts and highlight their importance to a significant number in society.

Source: Emirates News Agency

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DEWA enhances skills of its employees in cyber risks and cyber security management

DUBAI, In conjunction with Cyber Security Month, which is observed in October every year, Dubai Electricity and Water Authority (DEWA) has added a new channel to raise awareness among its employees about the importance of information security to enhance their skills in facing cyber challenges and threats. In addition to internal bulletins, emails and participation in training courses, employees can now learn about ways to manage cyber security risks through the “Smart Office” app.

“DEWA is committed to achieving the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to ensure full readiness for all the challenges that technology poses as well as the opportunities it provides. This comes amid the profound technological development as well as the accelerated growth in smart transformation and using the Internet of Things (IoT). DEWA adopts an integrated framework to ensure cyber security within a governance framework that is constantly updated in line with the Dubai Cyber Security Strategy and the National Cyber Security Strategy. At DEWA, we provide integrated protection against electronic security risks, and support innovation in the cyberspace, thus consolidating the position of Dubai as the safest city in cyberspace, and making it a benchmark for smart cities,” said Saeed Mohammed Al Tayer, MD & CEO of DEWA.

“DEWA has made significant advances in the systematic and effective development of its enterprise risk management strategy and has formed a high-level crisis management committee since 2008. DEWA established the first cyber defence centre across Dubai Government to predict threats ahead of time and conduct any required preventive procedures to protect data, by monitoring our services and technical assets around the clock, handling incidents with care and limiting the effects of potential threats. This supports us in providing electricity and water services according to the highest standards of availability, reliability and efficiency. DEWA also adopts the Information Security Regulation (ISR) of the Dubai Electronic Security Centre (DESC). In 2021, DEWA scored 100 percent in DESC’s KPI and maintains a score of 5/5 in the Monthly DESC cyber index,” added Al Tayer.

DEWA is proactive in adopting the highest international standards in information security, and agile governance. It strives to manage potential risks that threaten information security by following an effective corporate policy for information security.

DEWA has received the ISO 27001:2013, which is the highest international standard in information security management. DEWA has extended the standard implementation to include all its divisions, departments and operations.

Source: Emirates News Agency

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Dubai records over AED2.7 bn in realty transactions Thursday

DUBAI, Dubai real estate market recorded 612 sales transactions worth AED1.77 billion, in addition to 109 mortgage deals of AED1.03 billion, on Thursday, data released by the Dubai’s Land Department (DLD) showed.

The sales included 535 villas and apartments worth AED1.18 billion, and 77 land plots worth AED588.01 million, while mortgages included 83 villas and apartments worth AED877.91 million and 26 land plots valued at AED156.26 million, bringing the total realty transactions of today to over AED2.7 billion.

Source: Emirates News Agency

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Amanat Acquires a 60% stake in Human Development Company for SAR220.3 million

DUBAI, Amanat Holdings has announced the acquisition of a 60% stake in Human Development Company (HDC), a provider of special education and care (SEC) services in Saudi Arabia covering educational, medical, and rehabilitation services, for an initial consideration of SAR220.3 million (AED215.3) and a contingent consideration of up to SAR47.1 million payable subject to future earnings growth.

HDC has a presence across six provinces and caters to over 3,000 beneficiaries through a network of nine schools, 22 daycare centres and specialised rehabilitation medical clinics.

The transaction is in line with Amanat’s strategy and strengthens both its Healthcare and Education platforms by expanding their reach to cater to People of Determination.

The SEC sector is underserved regionally with strong underlying growth drivers, and Amanat aims to lead the development of this sector to enhance quality and access to this vulnerable segment of the population. HDC’s commitment to a high-quality service offering and its proven scalable business model make it well-positioned to be a leading driver in the development of the SEC sector in the region.

Through the Transaction, Amanat will partner with a pioneering leadership team led by the founder of HDC, Dr. Omar Al Modayfer, a Senior Consultant Psychiatrist specialising in child and adolescent psychiatry and family therapy.

Source: Emirates News Agency

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Dubai Chambers supports 6th Dubai Fitness challenge as official partner, participant

DUBAI, Dubai Chambers has announced its support for the sixth edition of the Dubai Fitness Challenge as the organisation comes on board as an official partner and participant in the city-wide event.

The Dubai Fitness Challenge 2022 will run from October 29th until November 27th 2022.

Dubai Chambers is promoting the challenge this year by organising a host of free fitness classes, corporate games, among other exciting activities throughout the month.

The organisation recently hosted an event at its headquarters where its staff were encouraged to participate in the month-long event and commit to staying active for at least 30 minutes a day for 30 days.

This year, Dubai Chambers employees are tagging their steps on a smart app to support Cancer Patients. The organisation has set a goal of completing 6 million steps by the end of the Challenge to raise funds for Cancer Patients.

During the event, Yaqoob Nabi, Dubai Fitness Challenge Manager provided an overview of all fitness events and activities that will be held throughout Dubai during the month, in addition to the various benefits of participating in this year’s challenge.

The Dubai Fitness Challenge 2022 will engage all segments of society, including government entities, businesses, schools, residents, and visitors with the aim of making Dubai the most active city in the world.

Source: Emirates News Agency

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Dubai Financial Services Authority signs MoU with Bangladesh Securities and Exchange Commission

DUBAI, The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities and Exchange Commission (BSEC) to foster an open dialogue and enable exchange of information between the two authorities to fulfil their respective regulatory mandates.

The MoU was signed by Ian Johnston, Chief Executive of the DFSA, and Professor Shibli Rubayat Ul Islam, Chairman of the BSEC.

The agreement provides a framework for facilitating cross-border collaboration between the two bodies on supervision and enforcement actions.

Under the terms of the MoU, the DFSA and BSEC will enable knowledge sharing on best practices in regulatory, supervisory and licensing in the financial markets. The bodies will also confer closely on money laundering or terrorist financing risks amongst supervised entities and the existing AML/CFT systems and controls within firms.

Ian Johnston, Chief Executive of the DFSA said, “The reinforcement of supervision and regulatory cooperation between the DFSA and BSEC will result in greater market accessibility, ease of doing business as well as strengthened investor trust in both jurisdictions. We are confident that this in turn will encourage registered firms to raise their standards of fair dealing and drive further economic growth.”

Professor Shibli Rubayat Ul Islam, Chairman of the BSEC, said, “We are very excited that after 50 years of independence and friendship BSEC and DFSA are entering into a relationship anchored in cooperation, assistance, and research amongst other factors. This collaboration will take the capital markets of both our growing and vibrant countries forward.”

Source: Emirates News Agency