Machine-learning algorithm LawGeex beats 20 lawyers in NDA legal analysis of five contracts. Time to complete task: Lawyers 92-minutes, AI 26 seconds! Mean accuracy level: Lawyers 85%, AI 94% Source: LawGeex
Dinsider Episode 12: New blockchain and crypto legislation in the U.S.
In this episode of the Dinsider podcast, I will share with you three new U.S. legislative proposals on blockchain and cryptocurrencies. Click below to listen to the podcast: According to Congressman Emmer, who leads a Blockchain caucus, “The United States should prioritize accelerating the development of blockchain technology and create an environment that enables the […]
ADIB UK Finances US$51.23 million hotel acquisition
Earlier this month, Abu Dhabi Islamic Bank (ADIB) UK, a wholly-owned subsidiary of Abu Dhabi Islamic Bank, closed a commercial financing transaction for the acquisition of a Travelodge Hotel located at London’s Heathrow Airport. The property was acquired by a Saudi-based client for GBP40.3 million (US$51.23 million), with ADIB providing GBP26 million (US$33.05 million) of […]
World’s first trillion dollar techco
History is made today with Apple Inc. becoming the first technology company in the world to reach a trillion dollar market value. Although it’s not the first company as some media outlets are reporting as PetroChina briefly hit a trillion dollar market cap in 2007 before the credit crisis. Nevertheless, I’m ecstatic and happy for Apple. Both […]
UK’s first Islamic economy accelerator
UK is set to have its first Islamic economy accelerator named “iE5” to support the growth and success of start-up companies based in the UK or desiring a presence in the UK. Established by a team of Islamic finance leaders and led by Harris Irfan of Gateway and Abdul Haseeb Basit of Ellipses Advisory, the […]