Abu Dhabi Ship Building (ADSB) has launched a new technology office in Abu Dhabi to enhance its commitment to maritime defense innovation. The office will focus on developing advanced technologies, including autonomous vessels and AI-driven naval design, while fostering collaborations with local partners to bolster the UAE’s position in global maritime defense.
The Advanced Technology Research Council (ATRC) and VentureOne have launched SteerAI, an advanced mobility system that transforms standard vehicles into autonomous units. Targeting logistics and defense sectors, SteerAI enhances operational efficiency with AI-powered navigation and fleet management, representing a significant step forward in the UAE’s autonomous technology landscape.
du has partnered with Dubatt Battery Recycling to initiate a lead acid battery recycling program in the UAE. This initiative aims to reduce environmental impact and support sustainability goals, with plans to repurpose valuable materials and promote the circular economy while enhancing du’s commitment to ecological responsibility.
Oman’s Public Establishment for Industrial Estates (Madayn) has signed an investment contract with Desert Sand Mobile Trading to establish a manufacturing unit for liquefied and compressed gases in Al Mudhaibi Industrial City. The project, covering 16,000 square meters, will begin construction early next year with a budget of RO2 million.
Beyon Solutions is nearing the acquisition of a controlling stake in Link Development, a regional software solutions provider. Announced at the Gateway Gulf Investor Forum 2024, the deal awaits final administrative conditions. This acquisition aims to enhance Beyon’s digital transformation capabilities across Egypt, Saudi Arabia, and the UAE.
Aluminium Bahrain (Alba) has partnered with Array Innovation to enhance its Industry 4.0 digital transformation through advanced AI, data analytics, and automation solutions. This collaboration aims to optimize operations, improve efficiency, and contribute to Bahrain’s Economic Vision 2030 by fostering local talent and advancing technological excellence in the aluminium sector.
QatarEnergy has partnered with TotalEnergies to develop a 1.25GW solar project in Iraq’s Basra region. The project will feature two million bifacial solar panels and aims to supply green electricity to 350,000 homes. It is part of Iraq’s Gas Growth Integrated Project and is set for completion between 2025 and 2027.
Aluminium Bahrain (Alba) has announced a strategic partnership with Array Innovation to enhance its Industry 4.0 digitalization efforts. This collaboration will deploy advanced AI and data analytics solutions to optimize operations, improve efficiencies, and align with Bahrain Economic Vision 2030 by investing in local talent.
Emtelle has inaugurated a $50 million innovation and manufacturing facility in Abu Dhabi’s Kezad Area A. The 48,000 sq. m hub will produce passive telecommunication solutions, enhance telecom infrastructure, and support the UAE’s digital transformation goals while generating employment opportunities for skilled workers in the region.
Commerce Minister Piyush Goyal will visit Saudi Arabia on October 29-30 to discuss energy transition, digital transformation, and trade facilitation. His meetings aim to strengthen India-Saudi Arabia relations and explore opportunities in agriculture, energy, and technology. Goyal will also attend the Future Investment Initiative in Riyadh.
