After developing steadily, step-by-careful-step, for more than 100 years, the automotive world is currently in the grip of a two-sided revolution: on the one side under pressure to reduce emissions by going electric, and on the other, striving to reach the Holy Grail of transport – the vehicle/machine that doesn’t need an operator. While great strides have been taken in the switch to hybrid and all-electric drive, creating autonomous transport is proving harder to perfect. “Automation has struggled in the mainstream automotive world because they are trying to get autonomous vehicles to work everywhere and safely coexist with all the…
Author: Kasun Illankoon
With many countries’ borders still closed amid COVID-19 and the need for safe social distancing, SDLG offered a tour of its smart manufacturing process and construction equipment over three live-streamed virtual events. “Since it’s hard for our customers and dealers to visit us in China, we wanted to bring SDLG to them, so we offered virtual tours of our smart manufacturing process and shared how we build SDLG’s equipment to offer reliability in action,” said Wang Xiaohui, general manager of SDLG Import and Export Company. The virtual event was live-streamed via SDLG’s online shop at SDLG.en.Alibaba.com and was offered in…
Dubai Land Department (DLD), in cooperation with Property Finder, launched the fifth edition of Mo’asher, Dubai’s official sales-price index. The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. In July 2020, DLD recorded a total of 2,404 sales transactions worth AED 4.69 billion, with 29.6% in the off-plan segment and 70.4% in the secondary segment. This brings the year-to-year total to 18,168 sales transactions worth AED 36.99 billion. Latifa Ibrahim Ahmed, Director of the Real Estate Studies & Research Department…
In the presence of HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), and Peng Xiao, CEO of Group 42, Digital DEWA – the digital arm of DEWA, announced a strategic partnership with Group 42 (G42), an Abu Dhabi based leading Artificial Intelligence (AI) and cloud computing company. The signing ceremony was attended by Marwan Bin Haidar, Vice Chairman – Digital at Digital DEWA; Waleed Salman, Vice Chairman – Energy at Digital DEWA; Matar Al Mehairi, Board Member of Digital DEWA; Mohammad Bin Sulaiman, CEO of Moro Hub; Ahmed Al Ketbi, Chief Information Security…
As parents prepare to send their children back to school after months of homeschooling, UAE’s leading property portal Bayut has launched a new section for School Guides on their platform to help parents make informed choices about the various educational institutes in the country. This unique directory contains detailed accounts of campus facilities, fees structure, admissions policy and scholarship schemes offered by schools across the UAE. Bayut’s new resource will help parents who are evaluating viable schooling options, as institutes across the country prepare to reopen after an extended period of virtual schooling. Proximity to their child’s school is an…
The Abu Dhabi National Exhibitions Company (ADNEC) announced that the Abu Dhabi International Boat Show (ADIBS), the leading marine leisure and water sports show, will be held between 13 – 16 October 2021 at ADNEC’s purpose-built marina. Following a comprehensive assessment of the current market conditions, with a range of requests from international exhibitors expressing their concerns on safety, and their inability to travel from their home countries, the decision to postpone the show was made. ADNEC worked in close co-operation with key exhibitors and participants of ADIBS in reaching this decision. Speaking on the decision to postpone ADIBS, Humaid…
As part of its keenness to provide smart services in line with the Dubai Paperless Strategy and achieve the government’s smart transformation strategy, Dubai Land Department (DLD), through the Registration and Real Estate Services Sector, announced the completion of a project that relies on artificial intelligence in the smart valuation process of real estate units. The first-of-its-kind project relies on artificial intelligence in the smart valuation process for real estate units, in line with DLD’s approach, which regards innovation as a fundamental pillar for making and shaping the future. As a result of this project, DLD would be contributing to…
Leading international law firm Baker McKenzie Habib Al Mulla recently advised Abu Dhabi National Oil Company (ADNOC), on one of the region’s largest real-estate transactions as it signed a long-term agreement worth $5.5 billion (AED 20.2 billion) with Apollo Global Management, one of the world’s largest alternative investment managers. The agreement aims to lease some of ADNOC’s real-estate assets as part of its strategy to unlock capital from its non-core assets. The strategic investment partnership will allow ADNOC to benefit from leveraging the rental returns from select ADNOC real-estate assets under a lease agreement with a maximum duration of 24-years.…
In a post-Covid world, it is important to keep customers, guests, visitors and staff as safe as possible. To tackle this challenge, Havelock One, Admira and Samsung have partnered up to develop Covid Defender. The sleek digital display unit incorporates AI and IoT technology to ensure compliance with recommended Covid-19 safety measures. Covid Defender offers basic and optional features such as mask and temperature detection, capacity and appointment management, as well as social distancing control. An integrated touchless hydro-alcoholic gel dispenser and the provision of additional PPE, like masks and gloves, further enables safer access to shops, restaurants, clinics and…
Construction Computer Software (CCS) is taking on a new identity under the moniker of RIB CCS. This is after the company’s recent partnership and 100% acquisition by software multinational RIB Software SE – an innovator in the building and construction industry. Andrew Skudder, RIB CCS Chief Executive Officer, says the benefits of the partnership and rebranding are numerous, with the new identity coming as a result of new technology demands, the implementation of new thinking and working methods, and shareholder alignment on digital transformation. “The partnership with RIB provides a wealth of opportunity for RIB CCS in the form of…