logo
Abu Dhabi expands driverless taxi service to Al Reem and Al Maryah Islands

Abu Dhabi expands driverless taxi service to Al Reem and Al Maryah Islands

Dubai Eye29-07-2025
News Home
More from Local Abu Dhabi Media Office
Authorities in Abu Dhabi have announced the expansion of autonomous taxi services to "high-density areas" like Al Reem and Al Maryah Islands.
Making the announcement on Tuesday, Integrated Transport Centre (Abu Dhabi Mobility) said the service will be carried out in collaboration with WeRide, with Uber and Tawasul Transport as the local operator of the project.
The complex traffic patterns in the islands, which are key centres for financial, residential and commercial sectors, offer an ideal setting to demonstrate the advanced capabilities of WeRide's technology, the authorities added.
It builds on the services already available on Al Saadiyat and Yas Islands, as well as routes to Zayed International Airport and supports Abu Dhabi's strategic vision to make 25 per cent of trips in the emirate rely on smart transport by 2040.
The ITC is also working to roll out the service to more areas on Abu Dhabi Island in the future.
"This expansion gives us the opportunity to reach more passengers, showcase our advanced technology in complex urban settings, and further accelerate the deployment of autonomous vehicles across the city," said Jennifer Li, Chief Financial Officer and Head of International at WeRide.
The emirate currently operates the largest active fleet, with 44 autonomous vehicles serving key locations across the city.
UAE steps up Gaza relief efforts with more airdrops The UAE, in partnership with Jordan, has completed its 56th airdrop of humanitarian aid over Gaza under the 'Birds of Goodness' initiative.
UAE steps up Gaza relief efforts with more airdrops UAE President issues decree promoting H.H. Sheikh Hamdan His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has been promoted to the rank of General.
UAE President issues decree promoting H.H. Sheikh Hamdan Dubai Police recover AED 1.1 million jewellery bag in cross-border operation In a remarkable display of international cooperation, Dubai Police have successfully recovered and returned a jewellery bag worth over AED 1.1 million to a UAE resident.
Dubai Police recover AED 1.1 million jewellery bag in cross-border operation CBUAE suspends motor insurance operations of foreign insurer The Central Bank of the UAE (CBUAE) has suspended the motor insurance operations of a foreign insurer's branch, citing non-compliance with key financial regulations.
CBUAE suspends motor insurance operations of foreign insurer UAE continues humanitarian airdrops over Gaza
The UAE, in cooperation with Jordan, has carried out its 55th humanitarian airdrop over the Gaza Strip, marking the second day in a row of airborne aid deliveries under the 'Birds of Goodness' initiative.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tarabut's open finance platform secures in-principle approval from CBUAE
Tarabut's open finance platform secures in-principle approval from CBUAE

Arabian Business

time4 hours ago

  • Arabian Business

Tarabut's open finance platform secures in-principle approval from CBUAE

Tarabut, one of MENA's leading open banking and embedded finance platforms, secured in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) that will help it connect real-time to major banks in the country and deliver faster and secure services and infrastructure. This follows the introduction of the UAE's Open Finance regulation and positions the Dubai-based company at the forefront of open finance in the region. It is the third national regulatory license for Tarabut, following Bahrain and Saudi Arabia. Open finance is a secure way for financial institutions to open their systems to accredited third-party providers. Using customer-consented financial data to build applications and innovative financial services can create solutions that provide retail, SME, and corporate consumers with better ultimate control over their information. 'Ultimately, this system can offer customers greater choice in their financial services, and provide better service value,' CBUAE said on its website. A recent MarkNtel Advisors research in June this year projected the global open banking market size to reach US$136.13 billion by 2030, growing at a CAGR of 27.6 per cent from US$31.54 billion in 2024. This growth is driven by the ongoing digital transformation within the banking sector, where both innovative digital banks and traditional institutions are modernising their operations to remain competitive, the research added. With this approval, Tarabut becomes the first regional fintech to be licensed under open finance frameworks in all three major Gulf economies, underscoring its critical role as the infrastructure layer powering the future of financial services in the region. Abdulla Almoayed, Founder and CEO of Tarabut, commented: 'This is a pivotal step forward for financial inclusion in the UAE and across the region. 'We're proud to partner with the Central Bank of the UAE to help realise the national vision for Open Finance. Tarabut's infrastructure delivers real-time, data-driven products – credit cards for the underserved, embedded SME financing, and more, driving real economic value and enabling access where it's needed most.' Tarabut's technology enables regulated financial institutions, lenders, insurers, and digital platforms to leverage customer-permissioned financial data for real-time credit decisions, income verification, and personalised offerings. By embedding these capabilities directly into partner platforms, Tarabut unlocks inclusive, intelligent, and accessible financial services at scale. Across the region, Tarabut has powered transformative use cases such as credit cards for thin-file customers; revenue-based financing for SMEs; pre-check tools that reduce underwriting costs, and AI-driven financial insights that personalise user journeys. These solutions support entrepreneurship, reduce credit barriers, and improve financial health for individuals and businesses.

DEWA's Electricity Transmission Investments Exceed AED 7.6 Billion as Dubai Expands Energy Infrastructure
DEWA's Electricity Transmission Investments Exceed AED 7.6 Billion as Dubai Expands Energy Infrastructure

Hi Dubai

time8 hours ago

  • Hi Dubai

DEWA's Electricity Transmission Investments Exceed AED 7.6 Billion as Dubai Expands Energy Infrastructure

Dubai Electricity and Water Authority (DEWA) has announced that its total investment in electricity transmission projects has now surpassed AED 7.6 billion. The milestone includes the commissioning of four 132 kV substations during H1 2025, adding 450 MVA in capacity and extending 228 km of transmission cables across the emirate. HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, stated that the expansion is aligned with Dubai's economic and social agendas and aims to meet the emirate's growing electricity demand. He confirmed that 49 new 132 kV substations and two 400 kV substations are currently under construction, with additional tenders planned for 57 more 132 kV substations and 160 km of underground cable extensions over the next three years. The total number of transmission substations in Dubai reached 391 by the end of H1 2025, comprising 27 at 400 kV and 364 at 132 kV. Notably, new substations were completed in Al Yalayis 5, Hatta, and Warsan 4, serving both new housing projects and rural regions. The projects have been implemented using advanced digital technologies and over 4.5 million working hours. DEWA has also awarded new contracts worth AED 1.1 billion to build 10 additional 132 kV substations across areas like Al Barsha South 2, Business Bay, and Dubai Silicon Oasis, as well as cable extensions worth AED 288 million. News Source: Dubai Media Office

Tarabut Secures UAE Central Bank Approval for Open Finance Operations
Tarabut Secures UAE Central Bank Approval for Open Finance Operations

Fintech News ME

time9 hours ago

  • Fintech News ME

Tarabut Secures UAE Central Bank Approval for Open Finance Operations

Tarabut, a Dubai-based open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE), following the introduction of the UAE's Open Finance regulation. This development marks Tarabut's third national regulatory license after Bahrain and Saudi Arabia and positions the company among the early movers in the region's open finance sector. With this latest approval, Tarabut becomes the first fintech in the region to operate under Open Finance frameworks in all three major Gulf economies. The company provides the underlying infrastructure for financial institutions, lenders, insurers, and digital platforms to access and utilise customer-permissioned financial data. Its technology supports services such as real-time credit decisioning, income verification, and personalisation of financial offerings by embedding these tools directly into partner platforms. Abdulla Almoayed, Founder and CEO of Tarabut, commented, 'This is a pivotal step forward for financial inclusion in the UAE and across the region. We're proud to partner with the Central Bank of the UAE to help realise the national vision for Open Finance. Tarabut's infrastructure delivers real-time, data-driven products – credit cards for the underserved, embedded SME financing, and more, driving real economic value and enabling access where it's needed most.' Tarabut's systems have been implemented in a range of use cases across the region, including support for credit products for customers with limited credit histories, revenue-based SME financing, tools that reduce underwriting costs, and AI-led financial insights to enhance user experiences. These applications align with broader economic aims, including the promotion of entrepreneurship, improved credit access, and support for financial well-being.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store