Ahmed Al Khoori, senior vice president for strategy and excellence at Edge Group, spoke to The National on the sidelines of Umex. Victor Besa / The National
Ahmed Al Khoori, senior vice president for strategy and excellence at Edge Group, spoke to The National on the sidelines of Umex. Victor Besa / The National
Ahmed Al Khoori, senior vice president for strategy and excellence at Edge Group, spoke to The National on the sidelines of Umex. Victor Besa / The National
Ahmed Al Khoori, senior vice president for strategy and excellence at Edge Group, spoke to The National on the sidelines of Umex. Victor Besa / The National

AI has changed defence industry expectations, says Edge executive


Cody Combs
  • English
  • Arabic

Artificial intelligence poses major challenges as well as opportunities for UAE defence conglomerate Edge, a senior executive has said.

“It is a challenge for us to keep up with the pace but we’re up to the challenge,” Ahmed Al Khoori, senior vice president of strategy and excellence at Edge, told The National in an interview on Wednesday.

He was speaking on the sidelines of the Unmanned Systems Exhibition and Conference (Umex) and Simulation and Training Exhibition (Simtex), showcasing the latest developments in autonomous aerial technology, drones, robots and unmanned systems.

Edge has one of the largest footprints at the exhibition, which organisers expect to attract about 18,000 visitors from around the world.

Generative AI has changed the expectations for autonomous defence technology, which was already trying to navigate and ride the wave of change in the fast-evolving field of defence technology, Mr Al Khoori said.

“Now, when we think of an autonomous system we don’t think of a remotely weaponed product, but a product that can do more sophisticated scenarios or operations. So at the end of the day, the user will have a system that can operate autonomously, that can decide for the end user,” he said, noting the continually changing landscape of autonomous defence technology amid the onslaught of generative AI developments.

Edge was founded in 2019, consolidating approximately 25 UAE companies under one umbrella with the goal creating an aggressive plan to build advanced technology for weapons systems, cyber protection and electronic warfare.

Autonomous and unmanned aerial technology has proven to play a significant role in the years since the company was established.

“We have a wide spectrum of autonomous products and it’s not only for executing a target, but also saving people from a civilian perspective as well,” Mr Al Khoori said, addressing the misconceptions people might have about autonomous or unmanned aerial vehicles.

“Most of our products are for defence use but some of them have been developed for multiple operations for civil defence,” he said, referring to cargo drones that can be used for humanitarian purposes, firefighting drones, or other products than can assist with search and rescue.

On Monday, the first day of the exhibition, Edge unveiled a product fitting with those themes, a new drone helicopter that can operate in rough terrain, fly to remote locations and deliver payloads for humanitarian relief of up to 300kg.

Visitors view a GY-300 on display at Umex at the Abu Dhabi National Exhibition Centre. AFP
Visitors view a GY-300 on display at Umex at the Abu Dhabi National Exhibition Centre. AFP

However, fears persist about how AI-based drone technology might increase numbers of casualties in various conflicts around the world.

Those concerns are paramount at Edge, which is trying to stay ahead of the curve and prevent such scenarios from playing out, Mr Al Khoori said.

“We have to really work hard to develop the right level of algorithms when it comes to AI to make sure that the collateral damage has been reduced dramatically,” he said.

“We have to make sure those autonomous systems can execute their mission in the right form and in an ethical form.”

Mr Al Khoori said he anticipates that most, if not all, Edge products will be driven by AI in the next two to three years.

Amid the efforts to infuse AI into most aspects of its portfolio, the company will continue to diversify its product offerings, he added.

“We went from 30 to approximately 160 products,” he said, emphasising that at least 70 of those were related to the autonomous sector.

Meanwhile, interest and growth in the autonomous defence industry shows no sign of slowing down, with revenue from the unmanned systems sector expected to hit $4.2 billion this year, according to Statista, a global data and business intelligence platform.

On Tuesday, Edge group Milrem Robotics, a developer of autonomous systems, announced a contract to supply 20 robotic combat vehicles and 40 unmanned ground vehicles to the Ministry of Defence.

"Under the terms of the contract, Milrem Robotics will lead an experimentation and trial programme aimed at integrating unmanned ground capabilities into the UAE Armed Forces arsenal," Edge said in a statement.

The agreement represents the world's largest combat robotics programme, according to Edge.

As for what might next be on the company's horizon, Mr Al Khoori offered some hints of what to expect.

“Recently, we introduced a new cluster in our company called the ‘space and cyber’ cluster,” he said. “It’s quite new and we’re still working on strategising our space programmes, and in the near future you’ll hear something in that regard.”

THE BIO

Occupation: Specialised chief medical laboratory technologist

Age: 78

Favourite destination: Always Al Ain “Dar Al Zain”

Hobbies: his work  - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”

Other hobbies: football

Favorite football club: Al Ain Sports Club

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

England squad

Joe Root (captain), Alastair Cook, Keaton Jennings, Gary Ballance, Jonny Bairstow (wicketkeeper), Ben Stokes (vice-captain), Moeen Ali, Liam Dawson, Toby Roland-Jones, Stuart Broad, Mark Wood, James Anderson.

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

The Voice of Hind Rajab

Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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FINAL RESULT

Sharjah Wanderers 20 Dubai Tigers 25 (After extra-time)

Wanderers
Tries: Gormley, Penalty
cons: Flaherty
Pens: Flaherty 2

Tigers
Tries: O’Donnell, Gibbons, Kelly
Cons: Caldwell 2
Pens: Caldwell, Cross

Rocketman

Director: Dexter Fletcher

Starring: Taron Egerton, Richard Madden, Jamie Bell

Rating: 3 out of 5 stars 

Scores

Bournemouth 0-4 Liverpool
Arsenal 1-0 Huddersfield Town
Burnley 1-0 Brighton
Manchester United 4-1 Fulham
West Ham 3-2 Crystal Palace

Saturday fixtures:
Chelsea v Manchester City, 9.30pm (UAE)
Leicester City v Tottenham Hotspur, 11.45pm (UAE)

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Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

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if you go

The flights

Air France offer flights from Dubai and Abu Dhabi to Cayenne, connecting in Paris from Dh7,300.

The tour

Cox & Kings (coxandkings.com) has a 14-night Hidden Guianas tour of Guyana, Suriname and French Guiana. It includes accommodation, domestic flights, transfers, a local tour manager and guided sightseeing. Contact for price.

Updated: January 25, 2024, 8:07 AM