UAE – Thumbay Group, a diversified international business conglomerate, has signed a memorandum of understanding (MoU) with the Massachusetts Institute of Technology (MIT).

Notably, the group’s Gulf Medical University recently launched its new College of Artificial Intelligence & Technology in Healthcare within its campus in the Emirate of Ajman, the United Arab Emirates.

The new Thumbay Institute focuses on leveraging the potential of Artificial Intelligence in medical education, which is poised to enhance the quality, efficiency, and accessibility of healthcare globally.

GMU’s College of AI & Technology in Healthcare also explores unlocked opportunities in the application of emerging technologies, such as the metaverse, in clinical care and the field of medical education.

As described in the newly forged MoU, GMU’s Thumbay Institute of AI in Healthcare is collaborating with MIT xPRO to launch a virtual course, AI in Healthcare.

For his part, Professor Hossam Hamdy, the Chancellor of Gulf Medical University, Ajman, said: “The signing of this partnership with MITxPro is part of our wider efforts to redefine the landscape of health professions education and innovation.”

The purpose of this MoU is to elevate medical education and foster knowledge exchange in the field of AI-driven healthcare solutions.

Through this strategic partnership, MIT xPRO and the Thumbay Institute of Artificial Intelligence in Healthcare intend to improve cooperation through training initiatives, resource sharing, and expertise exchange.

The soon-to-be-launched program will address the specific needs of the Thumbay Institute of AI in Healthcare and Gulf Medical University community.

The program will have a special focus on enhancing training, resource exchange, and professional development, aligning with the Thumbay Group’s commitment to provide quality care to the community.

Underlining the significance of the AI in Healthcare program at MITxPRO, Professor Hossam Hamdy said: “Clinical leaders, IT specialists, and business owners can fully utilize AI’s potential in patient care.”

This AI in Healthcare program fills a critical need at a time when the global market for AI-based healthcare solutions is expected to reach US$208 billion by 2030.

Notably, the World Economic Forum reports indicated a three-fold increase in AI implementation in US hospitals since 2020 and the reported 46% skills shortage in life sciences organizations.

It comes as no surprise that AI experts are playing a crucial role in determining the direction of healthcare technology at this critical juncture.

Consequently, GMU’s Thumbay Institute will serve as a hub for interdisciplinary collaboration by forging opportunities for regional and international experts in health-related fields.

The institute presents a unique platform for experts in medicine, computer science, data analytics, and metaverse technology to converge under one roof.

As of September 2023, the institute begun full-fledged certificate programs, which aims to pave the way for the transition into long-duration programs as per the Ministry of Education UAE guidelines.

Speaking on the recently launched institute, Professor Hossam Hamdy commented: “Students who complete these programs will be equipped to develop AI solutions specifically suited to the health professions industry.”

The Thumbay Institute of AI in Healthcare offers certificate programs, training, and the development of digital skills for healthcare workers in partnership with prestigious colleges like the University of Applied Sciences Upper Austria.

As such, the MoU signed between Thumbay Group and MIT will prove pivotal to the UAE healthcare industry by addressing pressing challenges and setting a benchmark for excellence in the field.

This collaboration marks a significant step towards establishing the Thumbay Institute of AI in Healthcare as a leader in AI and healthcare advancements.

Such agreements and collaborations showcase our commitment to leverage advanced technology and knowledge transfer,” outlined Hossam Hamdy.

Hossam Hamdy reassured the community that the Gulf Medical University remains at the forefront of advancements in artificial intelligence and healthcare, adding that it contributes to the growth of the overall healthcare sector.