Abu Dhabi launches Smart & Autonomous Vehicle Industries cluster
The Smart and Autonomous Vehicle Industries (SAVI) cluster was launched at Masdar City to position Abu Dhabi as a leading smart and autonomous vehicles hub, making significant contributions across air, land, and sea mobility applications, further enhancing Abu Dhabi’s industrial evolution. SAVI will support innovation and the commercialization of smart and autonomous vehicle technologies in […]
Sheikh Mohammed directs Dhs50m in humanitarian aid to Palestinian people
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has directed the provision of Dhs50m in humanitarian aid to the Palestinian people, through Mohammed bin Rashid Al Maktoum Global Initiatives. The aid comes as part of the UAE’s policy to provide urgent relief and assistance to vulnerable […]
UAE allocates $200m to support low-income countries, reduce poverty
The UAE has said it will offer support to the Poverty Reduction and Growth Trust (PRGT), as part of its efforts to expand concessional financing for low-income countries. Mohamed bin Hadi Al Hussaini, UAE Minister of State for Financial Affairs, announced the country will allocate $200m to PRGT at the International Monetary and Financial Committee […]
Dubai RTA begins testing self-driving taxis: Cruise AV spotted in Jumeirah
Dubai’s Roads and Transport Authority (RTA) and Cruise, an autonomous vehicles (AV) technology company, are carrying out supervised testing of Chevrolet Bolt self-driving taxis in the Jumeirah 1 area. This testing of the Cruise autonomous technology with a safety driver present is the result of joint efforts between RTA and Cruise following successful data collection […]
Flydubai to resume flights to Kabul
Dubai-based carrier flydubai will resume flights to Kabul International Airport (KBL) in Afghanistan next month. From November 15, 2023, the carrier will operate a double-daily service from Terminal 2 at Dubai International (DXB). The schedule of these flights is below: Flight Number Departure Airport Arrival Airport Departure Time Arrival Time FZ 301 DXB KBL 04:25 […]
Dubai.AI is city’s new concierge: How to access the AI-powered platform
Digital Dubai unveiled its Dubai AI platform (Dubai.AI), offering residents and visitors a comprehensive source of information and services covering various aspects of the city. The platform is powered by generative artificial intelligence (gen AI) and is designed to answer queries in real-time, making users feel as though the responses are tailored specifically to them. […]
EDB supports food security with Dhs721m under its five-year strategy
UAE’s Emirates Development Bank (EDB) has approved more than Dhs721m in funding for food security projects since the launch of its new strategy in April 2021. The development lender has allocated Dhs30bn to support 13,500 small to medium enterprises (SMEs) in five priority sectors – manufacturing, renewables, technology, healthcare, and food security. “It is important […]
Masdar to develop 10GW renewable energy projects in Malaysia
UAE clean energy firm Masdar, also known as Abu Dhabi Future Energy Company, has partnered with the Malaysian Investment Development Authority (MIDA) to invest $8bn for up to 10 gigawatts (GW) of renewable energy projects in the Southeast Asian country. The partnership marks an important milestone in the pursuit of a sustainable and greener future for […]
ADQ-backed Silal acquires majority stake in SAFCO Group
ADQ-backed Silal has acquired a majority stake in SAFCO Group, a UAE food and beverage distributor, in a deal that will bolster the company’s market presence and expand its footprint in the food service and distribution industry. The Abu Dhabi-based agtech firm said the transaction aligns with its growth ambitions and significantly strengthens its presence […]
DHL to acquire remaining shares in Danzas AEI Emirates
DHL Global Forwarding (DHL) has signed an agreement to acquire the remaining shares in Danzas AEI Emirates from Investment Trading Group. Both entities have been managing the company through a joint venture since 1995, with Investment Trading Group holding 60 per cent of the shares. A logistics and transport services provider for Dubai and the […]