News Bites

In today's edition:

• Housing assistance for Abu Dhabi citizens!

• The Middle East's Economy is (still) killing it

• Bahrain getting ready for Jazz Fest 2024

• Zeep Zorp - you might have AI prescribing you meds 🤖 

• ✨ akhbaar Spotlight ✨

Today’s issue will take around 6 minutes to read 😎, oh, and also EID MUBARAK!

Real Estate

• Few people got your back the way the Emirati government has their citizens’ backs 🙌🏿 1,502 citizens in Abu Dhabi will be receiving housing assistance worth $593.2 mil. Can we get in on that citizenship (pretty pretty please 🥹)???

• No land? No problem! The new trend in Abu Dhabi is to casually create land in the middle of the sea…and build on that! Bad al Jubail, a $1.08 billion investment, will be bringing thousands of new homes to life with beachfront access! 🏖️

• The creator of the Burj Khalifa is backing out of Belarus investments and is throwing in his lots with Trump’s son-in-law instead. The goal is to redevelop a Yugoslav army complex into a residential complex 🧐

Economy

• Remember how the rest of the Gulf was recording amazing GDP growth? Bahrain’s joined the bandwagon. GDP grew at 2.4% in 2023 and is expected to continue! 💸

• After months of rapid increase, Egypt’s inflation rate decelerated in the month of March, dropping from 11% to 1% in Feb! This brings Egypt’s inflation rate to 33%… still slightly above average, some analysts would say 🤣

• Iraq’s development fund is getting a boost with 12 Saudi companies looking to invest in quality projects in the country. The goal is to strengthen bilateral communications and foster more relationships between the Middle Eastern bros 💪🏾

Arts and Culture

• Bahrain is jazzing up jazz 💅🏾 The 2024 Bahrain Jazz Fest will take place at the Royal Golf Club and racks up over 30,000 visitors each year since is started in 2017!! Grab your tix HERE

• Joke’s on you if you’re skipping Hilarity Heights Vol. 4 in Cairo 🤪 We love seeing a female comic, Maha Ahmed, in the lineup 💃🏿 See more about tix for the April 13th event HERE

• Imagine an Ironman triathlon…but kids edition 👀 The Saracen Race for Kids is happening April 20th in Kuwait! You can sign your kids up for some fun activities and shiny medals, orrr maybe you get a glimpse of THIS instead 🙈 #kidsgettinghurt

Technology

• Big news from Auckland – Soul Machines just dropped Nova, the ultimate AI health companion 🤖 👩🏾‍⚕️ She's all about personalized virtual consultations and post-op rehab, tailored to you. BTW if you’re nervous about her being sort of a robot, she locks eyes, nods, AND smiles, like an actual doctor. How? Years of research plus dope software make her super smart and empathetic. And get this – she's powered by OpenAI's ChatGPT for next-level convo skills 🧠

• At LEAP 2024, Augnito dropped a bombshell: They're joining forces with Cloud Solutions, a major player in digital transformation in the Middle East. Fewer admin tasks for doctors = a big boost in efficiency! With these AI solutions, there can be a seamless electronic health record system in Saudi Arabia— think faster service, fewer mistakes, and smoother workflows 💡

  

• Tesla's resolved a lawsuit with the family of an engineer who died in a crash using its self-driving tech. The exact cash splash remains hush-hush 🤫 but court docs show Tesla settled to escape the legal drama. The family sued in 2019, blaming Tesla and Elon Musk for overhyping their Autopilot feature, leading drivers to trust it too much. Apparently, the engineer was gaming on his phone when his Tesla crashed into a barrier while on Autopilot. PLEASE PLEASE, keep your hands on the steering wheel at all times. kthxbai ✌🏾

✨ akhbaar Spotlight ✨

Rustic, textured, earthy and designed to IMPERFECTION - Mosscraft was born from an Indian-Thai artist wanting to get the best naturally grained decor pieces inspired to the world…all inspired by Bali 🤩 Vases, rattan chairs, limestone tables and MORE— they’re made wholesale and find their homes in hotels, warehouses and other artistic spaces. Check out their inventory and show your support HERE! #wholesale #sourcingagent #knowyourdecor 🪵

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