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[size=36]The Supreme Council for Youth announces the imminent launch of loans to support artificial intelligence projects[/size]
Local | 11:16 - 08/26/2024
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Mawazine News - Baghdad
The Supreme Council for Youth announced today, Monday, the imminent launch of instructions for loans to support artificial intelligence projects, while indicating that the loan ceiling reaches 50 million dinars.
The Secretary of the Council, Ali Mankhi, said: "The Supreme Council for Youth will launch loans to support 1,000 projects, some of which are related to artificial intelligence, as there are many young people with experience in digital, technological and electronic work," stressing that "the Council will issue instructions for the loans soon." He
pointed out that "the loans were divided between the Ministry of Labor and Social Affairs, with 500 loans for artificial intelligence projects and 500 loans for the Riyada Initiative project to provide 1,000 projects."
He added that "the loan ceiling ranges from 5 to 20 million dinars as a first phase within the Riyada Initiative, and there are projects of up to 50 million dinars in the Ministry of Labor."
The Secretary of the Council, Ali Mankhi, said: "The Supreme Council for Youth will launch loans to support 1,000 projects, some of which are related to artificial intelligence, as there are many young people with experience in digital, technological and electronic work," stressing that "the Council will issue instructions for the loans soon." He
pointed out that "the loans were divided between the Ministry of Labor and Social Affairs, with 500 loans for artificial intelligence projects and 500 loans for the Riyada Initiative project to provide 1,000 projects."
He added that "the loan ceiling ranges from 5 to 20 million dinars as a first phase within the Riyada Initiative, and there are projects of up to 50 million dinars in the Ministry of Labor."
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