Dubai South, an aviation and logistics urban master developer in the emirate, has signed a preliminary agreement with autonomous logistics company Evocargo to conduct the UAE's first driverless truck trials as it positions the city to become a hub for the future of transport.
The tests, which will be conducted at the development's Logistics District, are aimed at helping Dubai-based Evocargo observe its EVO.1 truck and reconfigure it specifically for the Middle East and North Africa region, Dubai Media Office said on Wednesday.
A control centre with a remote operator will be stationed on-site to manage the trucks, check the serviceability of its sensors and identify any issues, it said.
The agreement was signed by Mohsen Ahmad, chief executive of Dubai South's Logistics District, and Andrey Bolshakov, founding chief executive of Evocargo.
The trials are aimed at “setting new global benchmarks and consolidating the leadership status of the country’s logistics sector”, Mr Ahmad said.
“Besides improving operational efficiency, our partnership will help scale supply chain operations and achieve sustainability. At the Logistics District, we are mandated to support the industry and accelerate the UAE’s rapidly advancing logistics sector.”
Competition to offer driverless services as part of the next generation of transport is picking up, as countries race to embrace new technology and adhere to sustainability goals.
The value of the global autonomous vehicle market is forecast to top $1.8 trillion by 2030, from about $94.4 billion in 2021, growing at a compound annual rate of almost 39 per cent, data from Precedence Research shows.
This is close to an earlier estimate from analysts at Swiss bank UBS, which said the market could be worth about $2 trillion a year by 2030.
The UAE has taken several initiatives to implement driverless services on its roads. This is one pillar that makes Abu Dhabi and Dubai “well positioned” to be at the forefront of becoming full-fledged smart cities.
Dubai's Roads and Transport Authority launched a competition that challenged engineers to design driverless buses to solve issues facing the city's public commuters. Last month, the RTA announced a shortlist of 12 finalists, who come from China, France, Taiwan the UK and the US, all vying for the $1 million top prize.
At the Gitex Global in October, Dubai showed off its first driverless taxis, to be “deployed in limited numbers next year”.
Abu Dhabi has its own fleet of driverless taxis on Yas Island run by TXAI. During last month's Etihad Airways Abu Dhabi Grand Prix, TXAI operated a driverless bus service to shuttle fans.
The UAE was also ranked eighth in KPMG's 2020 Autonomous Vehicles Readiness Index, the third year in a row the Emirates was in the top 10, ahead of the UK and Denmark.
The EVO.1 has a lifting capacity of 2,000 kilograms, and can accommodate up to six Euro-pallets moving at 25 kilometres per hour for up to 200 kilometres, the statement said. Charging takes anywhere between 40 minutes to 6 hours, depending on the electrical outlet, for a full day’s operation.
The security system of the EVO.1 platform has four tiers: the computer vision of the space around the vehicle, an automatic diagnostic system, a remote-stop system and a standby pneumatic braking system. Evocargo has 37 protected inventions and technologies.
Evocargo's operations in Dubai South are also its first venture into autonomous vehicles in “such a global multimodal logistics platform”, and would enable it to grow its footprint in the region and beyond, Mr Bolshakov said.
“This trial is a significant milestone for the company as it unlocks opportunities to expand our products in the strategic Middle Eastern and Asian markets,” he said.
Spanning 145 square kilometres, Dubai South is the emirate's largest single urban master development, which is being built upon an aviation and logistics ecosystem, complemented by multi-modal air, land and sea transport infrastructure.
UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
More from Rashmee Roshan Lall
Kandahar%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ric%20Roman%20Waugh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EGerard%20Butler%2C%20Navid%20Negahban%2C%20Ali%20Fazal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A
Dubai World Cup factbox
Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)
Most wins by a jockey: Jerry Bailey(4)
Most wins by an owner: Godolphin(9)
Most wins by a horse: Godolphin’s Thunder Snow(2)
ADCC AFC Women’s Champions League Group A fixtures
October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA
Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.
Messi at the Copa America
2007 – lost 3-0 to Brazil in the final
2011 – lost to Uruguay on penalties in the quarter-finals
2015 – lost to Chile on penalties in the final
2016 – lost to Chile on penalties in the final
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
MADAME%20WEB
%3Cp%3EDirector%3A%20S.J.%20Clarkson%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Dakota%20Johnson%2C%20Tahar%20Rahim%2C%20Sydney%20Sweeney%3C%2Fp%3E%0A%3Cp%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
Killing of Qassem Suleimani