Company Insights Bayanat Artificial Intelligence Bayanat News Transport Abu Dhabi could be trailblazer for autonomous cars Abu Dhabi will be one of the first cities in the world to introduce autonomous vehicles en masse, according to the CEO of tech firm Bayanat. Bayanat uses artificial intelligence to provide geospatial data products and services. It is running a pilot scheme in the UAE capital, introducing eight autonomous vehicles, four minibuses and more […] November 15, 2023 Transport Abu Dhabi plans centre for autonomous vehicle industry Abu Dhabi has unveiled plans to establish a centre for smart and autonomous vehicle industries which aims to add up to AED120 billion ($33 billion) to the UAE economy. Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has endorsed the project, which seeks to generate 50,000 jobs. Sheikh Khaled said it is part […] October 11, 2023 Tech Radar satellite deal to spot oil spills and illegal fishing A partnership between Finnish radar satellite company Iceye and two Emirati space industry operators could be used for a range of services, such as preventing oil slicks, clamping down on illegal fishing and monitoring coastal changes. Iceye in May signed an agreement with Abu Dhabi satellite operator Yahsat and artificial intelligence and cloud computing company […] September 7, 2023 Industry Yahsat in Airbus talks to build new satellites Al Yah Satellite Communications Company (Yahsat) is in talks with Airbus to start work on two new satellites as it looks to build on a 5 percent rise in net profit for the first half of 2023. Group CEO Ali Al Hashemi said the Abu Dhabi-listed company has signed an authorisation-to-proceed letter with the European […] August 8, 2023 Banking & Finance Assets under management at ADGM rise by over 50% Abu Dhabi Global Market saw its assets under management increase by 56 percent year-on-year in 2022 as the authority became the fastest growing international financial centre in the region. Total licence issues for financial and non-financial firms increased by 30 percent from 4,262 companies in 2021 to 5,546 in 2022, according to figures released on […] March 20, 2023 Tech IPO juggernaut Bayanat eyes driverless vehicle acquisitions Abu Dhabi’s geospatial and data analytics firm Bayanat AI Plc expects its next wave of growth to come from the driverless vehicles segment and is in the market for potential acquisitions. The company this week recorded the best first-day performance of any global stock market listing of at least $100 million this year. It nearly […] November 3, 2022 Posts navigation Previous 1 2
Transport Abu Dhabi could be trailblazer for autonomous cars Abu Dhabi will be one of the first cities in the world to introduce autonomous vehicles en masse, according to the CEO of tech firm Bayanat. Bayanat uses artificial intelligence to provide geospatial data products and services. It is running a pilot scheme in the UAE capital, introducing eight autonomous vehicles, four minibuses and more […] November 15, 2023
Transport Abu Dhabi plans centre for autonomous vehicle industry Abu Dhabi has unveiled plans to establish a centre for smart and autonomous vehicle industries which aims to add up to AED120 billion ($33 billion) to the UAE economy. Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has endorsed the project, which seeks to generate 50,000 jobs. Sheikh Khaled said it is part […] October 11, 2023
Tech Radar satellite deal to spot oil spills and illegal fishing A partnership between Finnish radar satellite company Iceye and two Emirati space industry operators could be used for a range of services, such as preventing oil slicks, clamping down on illegal fishing and monitoring coastal changes. Iceye in May signed an agreement with Abu Dhabi satellite operator Yahsat and artificial intelligence and cloud computing company […] September 7, 2023
Industry Yahsat in Airbus talks to build new satellites Al Yah Satellite Communications Company (Yahsat) is in talks with Airbus to start work on two new satellites as it looks to build on a 5 percent rise in net profit for the first half of 2023. Group CEO Ali Al Hashemi said the Abu Dhabi-listed company has signed an authorisation-to-proceed letter with the European […] August 8, 2023
Banking & Finance Assets under management at ADGM rise by over 50% Abu Dhabi Global Market saw its assets under management increase by 56 percent year-on-year in 2022 as the authority became the fastest growing international financial centre in the region. Total licence issues for financial and non-financial firms increased by 30 percent from 4,262 companies in 2021 to 5,546 in 2022, according to figures released on […] March 20, 2023
Tech IPO juggernaut Bayanat eyes driverless vehicle acquisitions Abu Dhabi’s geospatial and data analytics firm Bayanat AI Plc expects its next wave of growth to come from the driverless vehicles segment and is in the market for potential acquisitions. The company this week recorded the best first-day performance of any global stock market listing of at least $100 million this year. It nearly […] November 3, 2022
