Latest news with #BadrAl-Olama
Al Etihad
27-05-2025
- Business
- Al Etihad
ADIO partners with Tokyo's Bureau of Industrial and Labour Affairs to boost economic growth
27 May 2025 15:47 ABU DHABI (ALETIHAD)The Abu Dhabi Investment Office (ADIO) and the Tokyo Metropolitan Government's Bureau of Industrial and Labour Affairs have signed a new strategic agreement to support enterprises expanding beyond their domestic partnership will focus on accelerating trade, sharing export strategies and unlocking new market opportunities for SMEs in both countries. By combining Tokyo's industrial expertise with Abu Dhabi's global connectivity, the initiative aims to give growth-stage companies a competitive edge the agreement, ADIO and Tokyo's Bureau of Industrial and Labor Affairs will lead efforts to connect entrepreneurs, exchange industry data and insights, and coordinate on policies that are critical to export success. Designated teams in both Abu Dhabi and Tokyo will work closely to deliver joint activities over the next 12 months, including trade missions, policy dialogues, targeted workshops and business matching Excellency Badr Al-Olama, Director General of ADIO, said, "ADIO's partnership with Tokyo's Bureau of Industrial and Labor Affairs reflects a shared vision that economic resilience begins with entrepreneurs who want to expand globally. Abu Dhabi's long-term growth strategy centres on building partnerships that empower innovation, enable exports and open new global pathways."For Tokyo, the partnership represents its commitment to supporting Japanese SMEs in navigating new markets and adapting to a rapidly evolving global trade Tanaka Shinichi, Director General, Bureau of Industrial and Labor Affairs, Tokyo Metropolitan Government, said, "Abu Dhabi offers an ideal platform for Tokyo-based SMEs aiming to expand their reach into the Middle East and beyond. This strategic partnership with ADIO will create tangible opportunities for export growth, knowledge exchange and deeper commercial ties. It's a timely and strategic step forward that strengthens both economies." In the months ahead, ADIO and the Bureau of Industrial and Labour Affairs will begin implementing the first phase of the agreement, prioritising practical support for exporters, strategic dialogues, and the joint promotion of opportunities aligned with the long-term economic agendas of both governments. Source: Aletihad - Abu Dhabi
Broadcast Pro
21-05-2025
- Business
- Broadcast Pro
Space42 to establish satellite manufacturing hub in partnership with ADIO
The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for EO, securing independent access to space-based intelligence for Abu Dhabi. The Abu Dhabi Investment Office (ADIO) has announced the launch of the Middle Easts first dedicated commercial Synthetic Aperture Radar (SAR) satellite manufacturing facility. The project is delivered in partnership with Space42, the UAEs AI-powered space technology company with global reach. The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for Earth Observation (EO), securing independent access to space-based intelligence for Abu Dhabi. This marks the first time such capabilities will be developed locally for commercial use, enabling the UAE to produce advanced EO satellites independently and strengthening its sovereign space infrastructure. Revealed during Make it in the Emirates 2025, the project advances ADIOs mission to drive strategic investment into priority sectors, enhancing Abu Dhabis knowledge economy and supporting its transformation into a global hub for advanced manufacturing. Space42 Space Systems will deliver sustainable economic impact and create high-skilled jobs in the advanced industries sector, including a significant number of roles for UAE Nationals, reflecting Abu Dhabis commitment to cultivating a highly skilled local talent base. Additionally, it will directly advance the UAEs Space Strategy 2030 and the UAEs EO Space Programme, designed to build national capabilities in satellite-based remote sensing. His Excellency Badr Al-Olama, Director General of ADIO, said: 'This strategic partnership brings together global capability and national ambition. By enabling transformative companies like Space42 to scale breakthrough technologies here in Abu Dhabi, we are delivering on our mandate to accelerate the emirates economic growth and establish future-ready industries. The transformational project demonstrates Abu Dhabis vision in action, enabling knowledge transfer, advancing critical infrastructure and delivering sustainable economic impact.' Operated by Space42, Space42 Space Systems will oversee the full manufacturing lifecycle, from system design to launch readiness. It advances the companys goal of building sovereign Earth Observation capabilities while anchoring a space ecosystem that can scale globally from Abu Dhabi. Hasan Al Hosani, CEO of Banayat Smart Solutions at Space42, added: 'Bringing commercial satellite manufacturing into the UAE marks a pivotal step in realising Space42s strategy. It enhances our sovereign capability in Earth Observation and strengthens our position as the preferred partner for premium geospatial data. Abu Dhabi is at the centre of this ambition, providing the environment to test, scale and export space-based capabilities that are sovereign at origin and global in application. With ADIO as a partner, we are turning strategic intent into scalable infrastructure and cultivating Emirati talent that will shape the future of this sector.' SAR satellites, capable of capturing high resolution imagery in all weather and light conditions, are vital for national security, environmental monitoring and disaster response. Until now, production of these systems has remained largely concentrated in a handful of international markets. Through this pioneering facility, Abu Dhabi will, for the first time assemble, integrate and test commercial SAR satellites, positioning the emirate at the forefront of the global space economy and reinforcing its status as a centre of excellence for space innovation. The project will be implemented by Space42, established to operate the facility using best in-class technology in systems integration, advanced testing and launch preparation. Beyond manufacturing, the facility will actively support Abu Dhabis strategy to develop a sustainable pipeline of local talent. It will embed robust academic and industry programmes, including internships for UAE nationals, technical lectures, industry site visits and research collaborations with leading Abu Dhabi universities. These initiatives will contribute to developing a national space workforce with hands-on industrial expertise. The new modular facility will manage the complete Assembly, Integration and Testing (AIT) lifecycle, from system design to launch preparation.
Mid East Info
16-05-2025
- Business
- Mid East Info
Qualcomm Technologies Expands its Global Engineering Centers to Abu Dhabi To Spearhead Technological Innovation in AI, Data Centers, and Industrial IoT
Qualcomm Technologies, Inc. unveiled plans to establish a state-of-the-art global Engineering Center in Abu Dhabi that will focus on the development of advanced technologies and spearhead technical innovation in AI. The Qualcomm® Engineering Center will become an integral part of the Qualcomm® Global Engineering hubs working on next-generation technology in industrial IoT, AI and data center solutions to help meet growing local and global demand for high-performance connectivity, power-efficient computing and intelligence. The Qualcomm Engineering Center will also collaborate with Abu Dhabi, UAE-based and global companies to support local strategic initiatives in the region. The center will augment the Company's global engineering capabilities to deliver products and services designed to meet the needs of key industries, including energy, manufacturing, logistics, retail and smart mobility, which are key drivers for economic growth. 'We are thrilled to announce our plans to establish a Qualcomm Engineering Center in Abu Dhabi as part of our efforts to advance technology innovation in the region. This new engineering hub will focus on developing best-in-class AI and industrial IoT solutions while also cultivating local talent and fostering job creation. We look forward to working with the Abu Dhabi Investment Office and the UAE to expand their technology ecosystem,' said Cristiano Amon, President and CEO, Qualcomm Incorporated. 'Abu Dhabi is laying the groundwork for future-defining industries, grounded in world-class research capabilities, integrated infrastructure and the ability to attract top-tier talent. The Qualcomm Engineering Center in Abu Dhabi is poised to deliver technological advancements in IoT, AI and data infrastructure with applications across critical sectors, unlocking complex solutions at a global scale in partnership with Abu Dhabi's world-class ecosystem. This is why ambitious global investors and pioneering companies, like Qualcomm, choose Abu Dhabi: as an investment destination we lose no time in anticipating what's next; we build for it,' said His Excellency Badr Al-Olama, Director General, Abu Dhabi Investment Office (ADIO). About Qualcomm: Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. About the Abu Dhabi Investment Office (ADIO): The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi's growth and enabling the emirate's economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources, and value-added services. Initiatives focused on regional tourism and retail development, as well as public-private partnerships, ensure that community well-being is at the centre of Abu Dhabi's economic transformation. With a robust network of investors, strong collaboration with key stakeholders, and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact.
Yahoo
05-05-2025
- Business
- Yahoo
ADIO, Alpheya join forces to support AI-driven wealth management
The Abu Dhabi Investment Office (ADIO) has collaborated with Alpheya, a technology platform in wealth management, aimed at enhancing digital wealth management capabilities within the region. This partnership aims to drive 'innovation' in financial services, create high-skilled jobs with a focus on Emiratisation, and enhance the wealth management sector to align with Abu Dhabi's goals of attracting global investors. Alpheya, supported by BNY, Lunate, and ADQ, offers an AI-based wealth management platform that assists banks, asset managers, and investment advisors in providing tailored financial services to high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients in the Gulf Cooperation Council (GCC) region. The company has outlined plans for substantial capital and operational investments over the next three years, which will commence with the establishment of a new office in the Al Ain region. With the backing of ADIO's competitive business support, Alpheya aims to expedite advancements in financial technology. The company intends to register new intellectual property (IP) to facilitate the entry of foreign financial institutions into the Abu Dhabi market. Alpheya CEO Roger Rouhana said: 'We are committed to redefining how wealth management is delivered in the region, and partnering with ADIO marks a key milestone in that journey. 'By expanding within Abu Dhabi, we are continuing to set a new standard through a next-generation, AI-powered platform that allows financial institutions to provide personalised, data-driven investment solutions at scale.' In addition to its focus on technology and infrastructure, Alpheya is dedicated to developing local talent. Plans include the introduction of an internship programme for Emirati students, financial literacy initiatives for educational institutions, and an international exposure programme for UAE Nationals. ADIO director general Badr Al-Olama said: 'Abu Dhabi is shaping the future of digital wealth management, creating an environment where innovation thrives, and global financial leaders can scale. 'Our partnership with Alpheya reinforces our commitment to building a world-class financial ecosystem, one that not only attracts high-impact investments but also empowers local talent and drives advancements in financial technology.' In February this year, ADIO partnered with Fosun International to facilitate the expansion of Fosun's subsidiaries into Abu Dhabi and the Middle East. Announced at the Abu Dhabi Investment Forum in Shanghai, the partnership aims to enhance economic ties and solidify Abu Dhabi's status as a global investment hub. ADIO will offer customised investor support, market access, and strategic guidance to boost Fosun's presence in key sectors such as wealth management, fintech, premium real estate, and healthcare innovation. "ADIO, Alpheya join forces to support AI-driven wealth management" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Zawya
03-05-2025
- Business
- Zawya
Alpheya to open new office in Al Ain, boosting Abu Dhabi's wealth management ecosystem with the support of ADIO
The company's AI-powered wealth management platform enables banks, asset managers and financial advisors to offer tailored investment solutions at scale The partnership will drive Emirati talent development and support financial literacy programmes and expansion into Al Ain Abu Dhabi, UAE: The Abu Dhabi Investment Office (ADIO) has partnered with Alpheya, a leading wealth management technology platform, with the aim to drive innovation in financial services, create high-skilled jobs with a strong focus on Emiratisation and strengthen the emirate's wealth management sector, in line with Abu Dhabi's vision to enhance the industry and attract high-impact global investors. With the strategic backing of BNY and Lunate, Alpheya provides an AI-driven wealth management platform that helps banks, asset managers and investment advisors deliver personalised financial services to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals in the GCC market. As part of its growth strategy, Alpheya plans to make significant capital and operational investments over the next three years, starting with the opening of a new Alpheya office in Al Ain. Enabled by ADIO's competitive business support, Alpheya will accelerate innovation in financial technology, with plans to register new intellectual property (IP) to enable foreign financial institutions to set up and go to market efficiently in Abu Dhabi. Alongside investment in technology and infrastructure, Alpheya is also committed to nurturing local talent. The company plans to establish an internship programme for Emirati talent, launch financial literacy initiatives for students and educators and introduce an international exposure programme for UAE Nationals. H.E. Badr Al-Olama, Director General of ADIO, said: 'Abu Dhabi is shaping the future of digital wealth management, creating an environment where innovation thrives, and global financial leaders can scale. Our partnership with Alpheya reinforces our commitment to building a world-class financial ecosystem, one that not only attracts high-impact investments but also empowers local talent and drives advancements in financial technology.' Roger Rouhana, CEO of Alpheya commented: 'We are committed to redefining how wealth management is delivered in the region, and partnering with ADIO marks a key milestone in that journey. By expanding within Abu Dhabi, we are continuing to set a new standard through a next-generation, AI-powered platform that allows financial institutions to provide personalised, data-driven investment solutions at scale. ADIO's support enhances our ability to develop local expertise and shape the future of digital wealth services in the UAE.' The partnership between ADIO and Alpheya underscores Abu Dhabi's commitment to expanding its financial services sector and increasing local expertise in wealth management, furthering the emirate's vision to become a premier destination for global financial institutions seeking advanced, technology-driven wealth management solutions. About the Abu Dhabi Investment Office (ADIO): The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi's growth and enabling the emirate's economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources, and value-added services. Initiatives focused on regional tourism and retail development, as well as public-private partnerships, ensure that community well-being is at the centre of Abu Dhabi's economic transformation. With a robust network of investors, strong collaboration with key stakeholders, and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact. For more information, visit: For more information, please contact: ADIO@ About Alpheya: Founded in 2023, Alpheya is an Abu Dhabi-based WealthTech firm offering cloud-native, AI-powered wealth and trading solutions to MENA Banks, Independent Wealth Managers, Family Offices, and other investment firms. Alpheya powers financial institutions' full tech stack, enabling them to deliver unparalleled financial products, services, and advice to their millions of clients. For more information, please visit: For more information, please contact: contact@
