Latest news with #UAE-built
Channel Post MEA
22-05-2025
- Business
- Channel Post MEA
UAE-Built Genesis Platform Launches TPRM Solution For GCC
Third-Party Risk Management (TPRM) is the discipline of identifying, assessing, and continuously monitoring the cybersecurity posture of the hundreds or even thousands of external vendors, suppliers, and partners modern enterprises rely on. Because every connected third party can become an attacker's entry point, TPRM has become a board-level priority across banking, energy, government, and beyond. Genesis Platform, the UAE-built platform that automates this entire lifecycle, has announced the GCC rollout of its next-generation TPRM solution while simultaneously showcasing the platform inside the official UAE Pavilion at GITEX Europe (Berlin, 21–23 May 2025). The launch comes at a pivotal moment: the Middle East records the world's second-highest breach costs averaging US $8.75 million per incident. Why the Timing Is Perfect for the GCC Regulatory Pressure: The UAE Central Bank's Outsourcing Regulation requires banks to prove robust third-party oversight. Central Bank Rulebook Saudi Arabia's National Cybersecurity Authority (NCA) mandates a documented third-party cybersecurity policy in its Essential Cybersecurity Controls. Digital-Economy Ambitions: The UAE's 2031 vision and the region's broader digital-economy strategies hinge on trusted supply chains and secure data interchange. CybersecAsia The UAE's 2031 vision and the region's broader digital-economy strategies hinge on trusted supply chains and secure data interchange. CybersecAsia Escalating Risk & Cost: Breach costs in the Middle East rose nearly 9 % in the past year, outpacing global averages. The National The UAE's First Home-Grown Third-Party Cyber-Risk Platform Engineered for the Gulf's evolving threat landscape, Genesis gives UAE organisations a clear benchmark of their own and their vendors' cyber-security maturity. By fusing real-time external-attack-surface data with AI-driven analytics, the platform delivers actionable insights that go far beyond traditional vendor scorecards. What Makes Genesis Different Legacy Approach Genesis Advantage Static questionnaires that delay onboarding by weeks AI Auto-Fill cuts vendor response time by up to 90 % One-off assessments Continuous outside-in scanning (DNS, misconfig, breach intel) keeps scores live Siloed spreadsheets Unified dashboard mapping scores to Global standards like ISO 27001, DORA, GDPR and more Manual remediation follow-up AI-generated fixes and workflow tracking built in Availability Genesis is now inviting GCC organisations to join its Early Adopter Programme, offering: 20-day full-feature trial Complimentary vendor-portfolio scan (up to 10 suppliers) Executive risk briefing aligned to local regulations 0 0
Broadcast Pro
19-05-2025
- Automotive
- Broadcast Pro
Strata Manufacturing delivers first batch of 24 T-Foils for SailGPs F50
SailGPs F50 boats will now feature UAE-built T-Foil Wings, engineered by Strata Manufacturing. Strata Manufacturing PJSC (Strata), wholly owned by the Mubadala Investment Company and a leader in advanced manufacturing in the United Arab Emirates, has delivered the first batch of 24 newly designed titanium T-foils for SailGPs F50 high-speed catamarans. The latest milestone follows a partnership announced last year with SailGP, the global racing championship, which is one of the worlds fastest-growing sport and entertainment properties. Under this agreement, Strata will supply specialised component packages, including newly designed T-Foils (titanium foil) wings and T-Rudders, tailored to elevate the performance of SailGPs F50 fleet. Each package comprises 24 units, crafted to equip 12 boats, supporting the high-speed demands of elite competitive sail racing. Strata has been entrusted with the fabrication of these titanium and carbon fibre foil wings, engineered with a new configuration to optimise hydro-aerodynamic efficiency. This project underscores Stratas operational excellence and its adaptive capabilities, highlighting the companys expansion into non-aerospace manufacturing. Homaid Al Shimmari, Deputy Group CEO and Chief Corporate & Human Capital Officer at Mubadala, said: 'This milestone reflects the success of our partnership with SailGP in driving innovation and showcasing the UAEs advanced manufacturing capabilities on a global stage. Through Stratas contributions, we are not only elevating the sports performance but also reinforcing Abu Dhabis leadership in sustainability, technological excellence, and fostering meaningful collaborations across industries. 'It was with immense pride that I witnessed the new T-foils in action, during the recent Auckland race. This is the first time that the new foils have been used in a race. Seeing the New Zealand team reaching speeds of 97.2 km/h during practice, and our Mubadala Brazil SailGP team reaching 87.69 km/h on day one of racing was truly impressive.' Ismail Ali Abdulla, Executive Director of UAE Clusters unit within Mubadalas UAE Investments platform and Managing Director of Strata, commented: 'We are immensely proud of Stratas achievements and the expertise demonstrated in these prestigious partnerships. Just as Strata has soared with Airbus, Boeing, and Pilatus, we are now sailing forward with SailGP, showcasing our capabilities in advanced manufacturing.' Abdulla added that this milestone enhances the ongoing partnership between Mubadala and SailGP, where Mubadala serves as a global partner for this exceptional league. Russell Coutts SailGP CEO said: 'The launch and integration of the new T-Foils has been even better than expected – debuting with two days of top-flight racing in front of more than 25,000 fans in Auckland, New Zealand, with teams continuing to hone their skills at events in Sydney, Los Angeles and San Francisco. It's clear some teams are adapting quicker than others, finding new ways for this exciting innovation to heighten competition and tactical racing across the fleet. This marks the start of an ongoing collaboration with Strata to further enhance our racing product.' Since its inception in 2010, Strata has established itself as a formidable player in advanced manufacturing, producing airframe components for some of the worlds leading aerospace companies. The partnership with SailGP continues this legacy of innovation, reinforcing Stratas ability to meet the rigorous demands of global industries. SailGP enjoys a long-standing global partnership with Mubadala Investment Company, which extends on and off the water – from its production partnership with Strata Manufacturing, to promoting environmental stewardship within sport through youth and community outreach. SailGPs F50 catamarans, used by the leagues twelve competitive teams, are identical, state-of-the-art vessels known for their speed and innovation. The F50 is the pinnacle of over a decade of development in high-performance sailing, capable of reaching speeds in excess of 100 km/h (54 knots). SailGP has had a long-term ambition to introduce T-Foils, which have been specifically designed to improve performance, control and safety of the F50s at high speeds. They are also less prone to damage when subjected to high negative loads in a nose-dive, which has been an issue with the original foils. SailGP has confirmed that the new high-speed T-Foils have been added to its entire international fleet of F50s in January 2025, ahead of the ITM New Zealand Sail Grand Prix | Auckland. They will replace the existing L-Foils that have been used since SailGPs inception in 2019. The Rolex SailGP 2025 Championship season started in Dubai last December 2024, which saw New Zealand secure victory in the opening event. Racing full circle around the world, SailGPs 2025 Season will be the league's most expansive to date, with events spanning five continent,s with the UAE bookending the season with Abu Dhabi hosting the Grand Final in November 2025 with Mubadala as Title Partner for the event.
Khaleej Times
25-03-2025
- Business
- Khaleej Times
Race is on: Who will lead UAE's $100b ‘AI gold rush' by 2030?
The UAE is rushing toward an AI-powered future, with artificial intelligence projected to inject $100 billion into its economy by 2030 — nearly 14 per cent of its GDP. But as the nation positions itself as a global AI powerhouse, a critical question emerges: Who will dominate this transformative landscape? Industry leaders point to Vertical SaaS (VSaaS) companies—specialised software providers with deep industry expertise—as frontrunners in the race to harness AI's trillion-dollar potential. They argue that a fusion of AI with SaaS is set to redefine the business landscape, paving the way for unprecedented innovation and growth. Established SaaS players, particularly those hyper-focused on niche sectors like automotive, healthcare, and finance, are leveraging decades of customer data, industry-specific knowledge, and existing client trust to build AI agents that don't just automate tasks — they think. 'AI agents are redefining the game. We're moving from software you use to software that acts,' says Tarek Kabrit, CEO of Seez, a Dubai-based AI innovator revolutionising car sales through autonomous decision-making tools. These intelligent agents — capable of predicting market shifts, negotiating deals, and optimising workflows — are becoming indispensable. A recent Trends Research & Advisory report highlights that Vertical SaaS providers, already entrenched in industries with complex workflows, are uniquely positioned to train AI systems that solve real-world problems. 'Customers don't want faster software; they want platforms that act like an extension of their team,' Kabrit adds. The UAE's AI strategy, backed by aggressive public-private partnerships, is igniting rapid growth. Recent moves read like a strategic chessboard: A $30 billion AI infrastructure alliance between BlackRock, Microsoft, and Abu Dhabi's MGX; Microsoft's $1.5 billion bet on homegrown AI champion G42; and a $1 billion talent war chest to cultivate local AI expertise. 'The UAE isn't just adopting AI — it's inventing the playbook,' says a Trends Research analyst. The public sector is leading the charge, with 47 per cent of GCC organisations already deploying AI (per Boston Consulting Group), outpacing global peers in digital readiness since launching nationwide AI transformations in 2021. While Vertical SaaS incumbents hold the cards today, insurgent startups and global tech titans are disrupting the field. Microsoft's partnership with G42, for instance, aims to export UAE-built AI solutions worldwide. Meanwhile, new entrants are banking on generative AI's ability to democratize industry-specific tools. Yet experts argue domain expertise remains king. 'Generic AI can't navigate the intricacies of, say, automotive supply chains or patient care protocols,' notes Kabrit. 'Vertical SaaS has spent years decoding these complexities—that's their moat.' As AI reshapes industries, the UAE's fusion of ambition and infrastructure is setting the stage for a showdown. Will Vertical SaaS giants maintain their lead, or will agile newcomers rewrite the rules? One thing is certain: In the UAE's $100 billion AI odyssey, the winners will be those who turn data into decisions, users into collaborators, and software into a tireless ally. 'The future belongs to platforms that don't just assist — they anticipate,' Kabrit concludes. As the race heats up, the UAE's skyline isn't the only thing reaching new heights.
Zawya
21-02-2025
- Automotive
- Zawya
Surge of interest sees new brokerage segment make waves at Dubai International Boat Show 2025
Dubai Harbour sees buyers navigating the world of pre-owned luxury vessels, including options at Bush & Noble that start from US$160,000 and rise upwards of US$8 million On display at DIBS 2025, Lamborghini 63 represents first time Italian manufacturer has exhibited a vessel in the Middle East; tomorrow set to see premiere of Sunreef's first UAE-built Ultima 55 Dubai, UAE: Beneath the gleaming towers of Dubai Marina, the second day of the 31st Dubai International Boat Show (DIBS) unfolded with a hum of negotiations and the quiet confidence of buyers circling their next acquisition. Yet while superyachts and new launches continue to dominate the limelight, a fresh segment is emerging as a focal point this year: a dedicated brokerage track designed to help buyers navigate the world of pre-owned luxury vessels. The globe's most distinguished maritime and lifestyle event, DIBS 2025 has carved out space for brokerage companies, including Burgess and Bush & Noble, to showcase a range of second-hand watercraft at varying price points, from close to US$160,000 to upwards of US$8 million. The shift reflects a maturing maritime economy in the Gulf, where as well as the traditional superyachts favoured by many of the emirate's record-high number of millionaire residents, an increasing number of buyers are looking beyond custom-built designs to more immediate opportunities. Industry Giants Make Their Mark The brokerage focus does not overshadow the steady drumbeat of major launches and industry milestones. Sunreef Yachts, backed by sporting luminaries such as Formula One icon Fernando Alonso and tennis legend Rafael Nadal, is set to debut its first UAE-built vessel, the Sunreef Ultima 55, tomorrow — further evidence of the Emirates' growing role in yacht manufacturing. 'Our shipyard in Ras Al Khaimah has been very busy building this yacht – the main reason we are participating at DIBS this year,' said Artur Poloczanski, PR Director at Sunreef. 'Those who come along on Friday evening will witness a little bit of Sunreef history – the first UAE-built Ultima 55.' Another first sees yacht service provider Ocean 360 give a Middle East debut to the Pardo Yachts brand, which is showcasing its flagship models, the Pardo 38 and Pardo 43, this week. Marcello Veronesi, CEO of Cantiere del Pardo, said the Middle East 'holds strategic importance for Pardo Yachts' global expansion,' adding that partnering with Ocean 360 instilled 'confidence that this market will embrace our yachts' unparalleled quality and style.' Meanwhile, Gulf Craft, a perennial presence at DIBS since the inaugural edition in 1992, is unveiling an unprecedented eight new models among the 18 vessels it is showcasing this week. The locally owned company revealed that its 2024 operations contributed Dh500 million to the UAE economy through the sale and export of 129 yachts, and it has expanded its workforce by 10 per cent – some 150 staff – across the past 12 months. With a new superyacht service centre, complete with a 600-tonne lift, set to open in Ajman by the middle of the year, the company expects to create a further 120 new jobs. 'Over the years, we have noted more and more yachts coming to the UAE,' said Mohammed Hussein AlShaali, Chairman at Gulfcraft. 'The country is becoming a hub and these yachts coming in need professional support. As a boat builder – a yacht builder – we can offer the professionalism, services, and support they are looking for.' Elsewhere, OceanWorld's flagship brand, Sunseeker Gulf, continues to gain momentum with its 2,200-strong workforce and a portfolio soon to expand from 30-metre yachts to even larger superyachts, while SF Yachts is using DIBS as a launchpad for the regional premiere of its Prestige X70, as well as the Dubai launch of its Gran Turismo 36. Azimut, a regular fixture at the Dubai World Trade Centre-organised show since 2013, announced plans to deepen its regional footprint with five new offices opening this year: two in Dubai, plus locations in Saudi Arabia, Qatar, and Kuwait. A Show Beyond the Water Among the showstoppers is the Lamborghini 63, a vessel embodying the Italian automotive brand's performance and design ethos. This marks the first time a Lamborghini yacht has been showcased in the Middle East, offering visitors an opportunity to step aboard and see its nautical engineering up-close. The yacht's presence further cement's the show's reputation for attracting global heavyweights in the industry. 'The Italian Seagroup is the world's largest producer of superyachts over 50 metres and we're excited that they've partnered with us to bring the region's first Lamborghini yacht to the Dubai International Boat Show,' said Rainer Bhene, CEO of Behnemar Yachts. 'Both brands are committed to pushing boundaries and creating exceptional experiences, both on land and at sea.' And there are more Lamborghinis on show at the traditional Supercar Avenue, which is drawing steady crowds with a striking lineup that this year includes a peppermint green Lamborghini Revuelto, ivory white Countach, and a charcoal black McLaren Speedtail. The nearby Dubai Police exhibition also features two branded jet skis, while the UAE's Victory Team proudly displays its UIM X-Cat World Championship trophy. Food offerings reflected the cosmopolitan nature of the event, which is this year boasting exhibitors from some 60 countries, including eight debutants in the form of Croatia, Japan, Latvia, Luxembourg, Myanmar, Romania, Singapore, and Slovenia. Catering to the estimated 35,000 visitors expected over the show's five days, a wide selection of food options offer everything from Brazilian acai bowls to Arabic shawarma, truffle poutine to Greek tzatziki – a culinary landscape as diverse as the clientele walking the marina. Families, too, found plenty to keep their little ones entertained, with a dive pool and dedicated kids' club featuring giant Lego stations. About Dubai World Trade Centre (DWTC): A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is home to the region's leading purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region's growth story. Since its inauguration, DWTC has hosted over 6,000 events, with an estimated economic output of AED 248 billion, attracting over 38 million business visitors to Dubai. Building on this legacy, DWTC's second flagship venue, the Dubai Exhibition Centre (DEC), stands as a premier destination for prominent national and international mega events. Strategically aligned with the Dubai 2040 Urban Master Plan, DEC's recently announced AED 10 billion expansion is integral to Expo City Dubai's vision of becoming a global business hub for exhibitions and events. Additionally, developed and managed by DWTC for Expo 2020 Dubai, Expo Village hosts a vibrant residential community with 2,273 units across four clusters, also integrated within the Expo City Dubai ecosystem.
