Five Chevrolet Bolt vehicles were deployed in Jumeirah 1 to test technology and gather data on traffic signals, signage and drivers' behaviour. Photo: RTA
Five Chevrolet Bolt vehicles were deployed in Jumeirah 1 to test technology and gather data on traffic signals, signage and drivers' behaviour. Photo: RTA
Five Chevrolet Bolt vehicles were deployed in Jumeirah 1 to test technology and gather data on traffic signals, signage and drivers' behaviour. Photo: RTA
Five Chevrolet Bolt vehicles were deployed in Jumeirah 1 to test technology and gather data on traffic signals, signage and drivers' behaviour. Photo: RTA

Electric cars map out Dubai roads to pave way for driverless taxis


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A fleet of five electrical cars have mapped out the roads of Dubai to help drive forward ambitious plans for the roll-out of autonomous public transport in the emirate later this year.

The Chevrolet Bolt vehicles were deployed in the Jumeirah 1 to test technology and gather data on traffic signals, signage and drivers' behaviour.

Dubai's Roads and Transport Authority has entered into a public-private partnership with US company Cruise to oversee the introduction of self-driving taxis.

Cruise’s technology uses a high-resolution map of the physical environment, which is created using mapping vehicles equipped with sensors including Lidar (Light detection and ranging) and cameras.

"RTA and Cruise, a self-driving technology company, initiated data collection and testing technology for Dubai’s traffic signals, signage, and drivers’ behaviour among other attributes using five Chevy Bolt-based autonomous vehicles in Jumeirah 1 area.

Boosting self-driving ambitions

"This step is part of RTA's strategy aimed at bolstering Dubai's global leadership in self-driving transport and fostering the emirate's aspirations of becoming the world's smartest city," said the RTA in a message on social media, accompanied by a video showing the five cars touring the streets of Dubai.

"Such an endeavour, necessitating investment in smart mobility and the application of advanced technologies, aligns with RTA's commitment to enhance the well-being and safety of citizens, residents and visitors."

The vehicles, equipped with sensors and cameras, were driven by specialist drivers in order to collect data, which is then used to create and maintain a navigable map for autonomous vehicles.

The transport authority previously heralded the deal with a Cruise as a major step in its goal to integrate self-driving transport on to the emirate's road network.

"The agreement, which is the first of its kind worldwide between a government entity and a leading company in the field of autonomous vehicles, is a major step towards realising Dubai’s Self-Driving Transport Strategy," said the RTA on Twitter in July.

Ten automated taxis are expected to begin to carry passengers in late 2023.

The launch of driverless taxis is part of a long-term vision to make 25 per cent of total trips autonomous across various modes of transport by 2030.

In March last year, the RTA announced plans to begin the testing of driverless taxis as part of the partnership with Cruise, the majority-owned autonomous vehicle subsidiary of General Motors, which would initially have 10 vehicles in operation.

Cruise agreed to launch its first international robotaxi service outside the US in Dubai, in a deal announced by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, on Twitter in April 2021.

“Dubai will be the first outside America to operate self-driving Cruise vehicles, in fulfilment of His Highness Sheikh Mohammed bin Rashid’s vision that Dubai is always in first place and the best city to live and work,” Sheikh Hamdan said at the time.

“Our goal is to convert 25 per cent of the total ... trips in Dubai to self-driving trips through various means of transport by 2030.”

The RTA said it would complete rigorous testing before that launch to ensure the taxis are prepared for the hectic driving styles of some motorists in the UAE.

It is hoped wider adoption of autonomous vehicles will greatly reduce road accidents.

By 2030, it is expected that 4,000 driverless taxis will be in operation in Dubai.

MATCH INFO

Europa League final

Who: Marseille v Atletico Madrid
Where: Parc OL, Lyon, France
When: Wednesday, 10.45pm kick off (UAE)
TV: BeIN Sports

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.
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

ICC T20 Team of 2021

Jos Buttler, Mohammad Rizwan, Babar Azam, Aiden Markram, Mitchell Marsh, David Miller, Tabraiz Shamsi, Josh Hazlewood, Wanindu Hasaranga, Mustafizur Rahman, Shaheen Afridi

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

heading

Iran has sent five planeloads of food to Qatar, which is suffering shortages amid a regional blockade.

A number of nations, including Iran's major rival Saudi Arabia, last week cut ties with Qatar, accusing it of funding terrorism, charges it denies.

The land border with Saudi Arabia, through which 40% of Qatar's food comes, has been closed.

Meanwhile, mediators Kuwait said that Qatar was ready to listen to the "qualms" of its neighbours.

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

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.”

The specs: Volvo XC40

Price: base / as tested: Dh185,000

Engine: 2.0-litre, turbocharged in-line four-cylinder

Gearbox: Eight-speed automatic

Power: 250hp @ 5,500rpm

Torque: 350Nm @ 1,500rpm

Fuel economy, combined: 10.4L / 100km

Company%20profile
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Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Updated: April 05, 2023, 3:29 PM