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COMEX Global Technology Show 2024 Kicks off

HM The Sultan Arrives in Kuwait

Kuwaiti diplomat: Omani Sultan’s Kuwait visit indicative of strong ties

UAE President holds dinner banquet at Qasr Al Watan in honour of Sultan Haitham bin Tariq

UAE President receives Sultan of Oman upon arrival in UAE on state visit

Oman and UAE: Fraternal Bonds, Strategic Relations and Economic Partnership

OIA Announces Social Investment Policy, Launches “Qimam” Platform

POPS Supervisory Committee Holds First Meeting in 2024

Bank Muscat’s Sayyarati Auto Finance Option Comes with the Best Financing Facilities for Customers

“Ooredoo Oman Welcomes Khawla Al-Amiri as Chief People Officer, Reinforcing Commitment to Local Leadership Empowerment”

Bank Muscat Launches EAGLEs Programme: A Pioneering Leadership Engagement Across Branch Network

“Forging Tomorrow: A Global Imperative for Advanced AI Infrastructure”

“High-Paying Careers in Artificial Intelligence: Securing Your Future in the Evolving Job Market”

HM The Sultan Issues Two Royal Decrees

Unlocking New Horizons for Entrepreneurs: The Fourth Industrial Revolution

Royal Army of Oman Celebrates Passing Out of Officer Cadets, University Officers

HM The Sultan Offers Condolences on the Death of Kuwaiti Emir

HM The Sultan Gives Audience to Business People in India

HH Sayyid Theyazin Conveys HM The Sultan’s Greetings to Russian President

First Muscat Dialogue Sessions Begin

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

Saudi Oil Giant Aramco Announces $121 Billion Profit in 2023

Tender Board Signs Agreements with Karwa Motors on Government Procurement, School Bus Purchase

Najahi Business Banking from Bank Muscat: Empowering Small Businesses

His Majesty Exchanges Ramadan Greetings With Arab, Islamic Leaders

A’Rustaq Hospital Diagnoses Child with Gastric Wall Vein Bleeding

QCB Launches ‘FAWRAN’ Instant Payment Service

National Development Fund Partners with World Economic Forum

Qatar Chairs 49th Meeting of GCC Standing Committee for Combating Harmful Practices in International Trade

Saudi Arabia’s Air Connectivity Program Signs Deal with Eurowings to Enhance Air Connectivity between Saudi Arabia and the EU

HM King presented unique development model: Omani Ambassador

July 14, 2024

AI Advisor takes observer seat on Board of IHC

ABU DHABI,

(WAM) — In a landmark move, Abu Dhabi-based International Holding Company (IHC), the global diversified multi-sector investment company, has announced the creation of a new Board Observer position for an “Artificial Intelligence (AI) Observer”, named “Aiden Insight”. This strategic initiative positions IHC as a pioneer in leveraging AI for corporate governance and decision-making.

On the occasion, H.H. Sheikh Tahnoun bin Zayed Al Nahyan, IHC Chairman, said, “Our decision to appoint ‘Aiden Insight’ as an AI Board Observer is a testament to IHC’s commitment to innovation and forward-thinking leadership. ‘Aiden’ will provide us with unparalleled data analysis and strategic insights, ensuring that IHC remains at the forefront of industry developments and continues to deliver value to our stakeholders.”

“IHC pioneers corporate governance by integrating Aiden’s AI insights as a Board Observer into its strategic decision-making process,” he added.

“Aiden Insight” is a virtual entity endowed with sophisticated AI capabilities, and is set to revolutionise the way IHC navigates the complexities of the global investment landscape.

This groundbreaking initiative by IHC is powered by the leading AI capabilities of G42 in collaboration with Microsoft, setting a new benchmark for excellence in AI development in the business and investment domains.

Leveraging the largest AI computing system in the UAE, G42, are developing “Aiden” to serve as an IHC Board Observer, with the ability to continuously process and instantly analyse decades of business data, financial information, market trends, and global economic indicators.

With a focus on transparency, innovation, and ethical business practices, “Aiden” embodies the values and forward-thinking approach that IHC stands for.

The name “Aiden Insight” encapsulates both symbolic meaning and functional purpose for its Board Observer AI role. “Aiden”, of Irish origin (both a male and female name), meaning “little fire” or “fiery one”, symbolises the AI’s capacity to ignite innovation and provide dynamic insights, while Aiden’s surname “Insight”, highlights its ability to deeply analyse data and aid the board with valuable perspectives. Together, Aiden’s name serves both as an “aid and an enhancer”, contributing to informed and strategic decision-making on the Board.

The role of “Aiden Insight” will encompass a wide range of responsibilities, including continuous data analysis, risk assessment, strategic planning support, innovation tracking, and ethical and compliance monitoring. “Aiden” will attend IHC Board meetings as a non-voting observer, offering real-time insights to inform discussions and guide decisions.

“We are proud to welcome ‘Aiden Insight’ to our Board as the AI Observer. Powered by G42 in collaboration with Microsoft, this groundbreaking initiative reflects our dedication to embracing cutting-edge technology and innovation, ensuring that IHC remains a leader in strategic investment and corporate responsibility,” stated IHC CEO, Syed Basar Shueb.

The introduction of “Aiden Insight” is anticipated to confer a multitude of benefits to the IHC Board. These include bolstered decision-making through enhanced data analysis, strategic future-proofing against emerging trends and technologies, and the promotion of a culture of innovation. Moreover, Aiden’s role will contribute to efficient resource management, improved risk management, and the maintenance of the company’s reputation for ethical leadership.

IHC’s decision to appoint “Aiden” as a Board Observer is a clear indication of the company’s forward-looking approach and its unwavering commitment to leveraging technology for sustainable growth and ethical excellence.

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