UAE plans more investment on smart infrastructure



ABU DHABI // The UAE plans to invest more on smart infrastructure in the near future to improve the lives of residents across the country, according to officials from Abu Dhabi and Dubai.

From smart traffic systems, oil field technologies and energy grids, the world is becoming more instrumented, interconnected and intelligent. And the UAE is following suit.

“If we didn’t have smart infrastructure like Salik, there would tens of thousands of cars,” said Ebrahim Al Alkeem, governance security lead at the Abu Dhabi Systems and Information Centre (Adsic). “This allows the flow of traffic without human interaction. In the future, we will have smaller hospitals, for example, to be able to do check-ups in one day but we will need more network, surveillance and monitoring systems to secure this data.”

Dubai’s target is to complete 100 smart initiatives and 1,000 smart services by the end of the year. Although an undisclosed number have already been set up, new services are expected for the emirate’s residents this year.

“It’s a very important milestone for us and we are working now on a big initiative with the Roads and Transport Authority in terms of having a command centre,” said Matar Al Humairi, assistant chief executive of smart infrastructure at Dubai Smart Government. “This will monitor all the mobility in Dubai, the traffic and transportation, we will have a full city view.”

The new initiative, currently under construction, is expected to complete by 2018. “This will really impact the people’s quality of life,” he said. “This will help monitor the traffic flow. We have a control systems for the metro and transport [now] but we expect to see a consolidated command and control system because now it’s separate based on the domain.”

cmalek@thenational.ae

FROM THE ASHES

Director: Khalid Fahad

Starring: Shaima Al Tayeb, Wafa Muhamad, Hamss Bandar

Rating: 3/5

Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

START-UPS IN BATCH 4 OF SANABIL 500'S ACCELERATOR PROGRAMME

Saudi Arabia

Joy: Delivers car services with affordable prices

Karaz: Helps diabetics with gamification, IoT and real-time data

Medicarri: Medical marketplace that connects clinics with suppliers

Mod5r: Makes automated and recurring investments to grow wealth

Stuck: Live, on-demand language support to boost writing

Walzay: Helps in recruitment while reducing hiring time

UAE

Eighty6: Marketplace for restaurant and supplier procurements

FarmUnboxed: Helps digitise international food supply chain

NutriCal: Helps F&B businesses and governments with nutritional analysis

Wellxai: Provides insurance that enables and rewards user habits

Egypt

Amwal: A Shariah-compliant crowd-lending platform

Deben: Helps CFOs manage cash efficiently

Egab: Connects media outlets to journalists in hard-to-reach areas for exclusives

Neqabty: Digitises financial and medical services of labour unions

Oman

Monak: Provides financial inclusion and life services to migrants

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others

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UAE athletes heading to Paris 2024

Equestrian

Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).

Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).

Cycling
Safia Al Sayegh (women's road race).

Swimming

Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics

Maryam Mohammed Al Farsi (women's 100 metres).

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

ICC Awards for 2021+

MEN

Cricketer of the Year+– Shaheen Afridi+(Pakistan)

T20 Cricketer of the Year+– Mohammad Rizwan+(Pakistan)

ODI Cricketer of the Year+– Babar Azam+(Pakistan)

Test Cricketer of the Year+– Joe Root+(England)

WOMEN

Cricketer of the Year+– Smriti Mandhana+(India)

ODI Cricketer of the Year+– Lizelle Lee+(South Africa)

T20 Cricketer of the Year+– Tammy Beaumont+(England)

COMPANY PROFILE

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Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

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Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

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Director: Sudha Kongara Prasad

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Director: Andrew Dominik
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Company name: Namara
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Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

Monster Hunter: World

Capcom

PlayStation 4, Xbox One

Company profile

Name:+Dukkantek 

Started:+January 2021 

Founders:+Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based:+UAE 

Number of employees:+140 

Sector:+B2B Vertical SaaS(software as a service) 

Investment:+$5.2 million 

Funding stage:+Seed round 

Investors:+Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

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