Dubai, UAE – September 19, 2024 – Thomson Reuters (TSX/NYSE: TRI) has announced a series of significant innovations and investments at its premier SYNERGY conference, held for the first time in the Middle East and North Africa (MENA) region. The conference highlights the company’s dedication to enhancing the legal, tax, and finance sectors with cutting-edge technology and comprehensive resources.
Key Announcements at SYNERGY MENA 2024:
- Westlaw Middle East Launch:
Thomson Reuters unveiled a major upgrade to Westlaw Middle East, featuring advanced search and collaboration tools designed for legal professionals in the region. The new platform offers access to both Arabic and translated English legislation and case law, facilitating more efficient legal research and staying abreast of the evolving legal landscape.
- Sonya Syan, Head of Knowledge Management at Al Tamimi & Company, praised the enhanced interface for its user-friendliness and improved research capabilities, reflecting the region’s growing demand for rapid, accurate legal insights.
- Expansion of Practical Law Middle East:
The expansion includes an enriched repository of local legal content, allowing lawyers to stay updated on regional developments, compare GCC jurisdictions, and quickly grasp the legal system. - Continuous Development in Tax Offerings:
Thomson Reuters is intensifying its investment in tax solutions amid the rise of e-invoicing mandates across the region. This includes enhancements to ONESOURCE and the recent acquisition of Pagero, a leader in e-invoicing and indirect tax solutions. - Introduction of CoCounsel – GenAI Assistant:
Attendees were introduced to CoCounsel, Thomson Reuters’ professional-grade Generative AI assistant. The tool integrates advanced AI technologies with Thomson Reuters’ content and software solutions to revolutionize legal workflows.
- His Excellency Professor Dr. Ebrahim Alhajri, President of Khalifa University, highlighted the partnership with Thomson Reuters as a significant step in integrating advanced AI into academic and operational frameworks, enhancing the university’s ability to stay at the forefront of innovation.
Additional Highlights:
- The UAE’s Digital Transformation:
His Excellency Dr. Saeed Al Dhaheri’s keynote address detailed the UAE’s leadership in digital innovation and outlined ambitious plans for the future. - Panel Discussions:
Industry leaders from Al Futtaim, Gartner, and Abu Dhabi University discussed the impact of AI and digital transformation on professional work. The panel provided insights from “The Future of Professionals” report. - Navigating Compliance Complexity:
Experts examined recent regulatory developments and their strategic implications for multinational corporations, including contributions from the Ministry of Finance and the UAE Cabinet. - Strategic Industry Expansion:
A panel hosted by Reuters explored the international expansion strategies of Emirates, Masdar, and Gradiant, addressing opportunities and challenges posed by macroeconomic trends.
Thomson Reuters’ investments and innovations are set to empower professionals in the MENA region with the tools and knowledge necessary to navigate the complexities of their fields, underscoring the company’s commitment to supporting the region’s growth and development.
