News
Abu Dhabi Hosts Middle East’s First Passenger Drone Trials
MLG and Abu Dhabi Mobility hosted an exhibition of cutting-edge technology, along with two test flights.
In recent years, Abu Dhabi has become a pioneer and champion of smart and sustainable mobility, attracting industry-leading startups and experts from around the world. The first Abu Dhabi Mobility Week, held between 24th April and 1st May 2024, showcased this innovation while also hosting the Middle East’s first-ever passenger-carrying drone trials.
.@ad_mobility, in association with @MultiLevelGroup, has conducted the Middle East’s first passenger-carrying drone trials in #AbuDhabi. The trials took place as part of Abu Dhabi Mobility Week, and further affirmed the emirate as a hub for smart and autonomous vehicle innovation pic.twitter.com/tUVLzdbfZn
— مكتب أبوظبي الإعلامي (@ADMediaOffice) May 8, 2024
Multi Level Group (MLG), a pioneer of “advanced automation and digital transformation solutions”, teamed up with Abu Dhabi Mobility to present an exhibition of cutting-edge drone technology, which included two test flights. The first showcase featured a five-seater drone with a 25 km range and potential payload of up to 350 kg, while the second involved a smaller drone able to carry two passengers up to 35 km for around 20 minutes.
محمد حمد الظاهري، عضو مجلس إدارة مجموعة "ملتي ليفل"، يتحدَّث عن أهمية الرحلة التجريبية لطائرة بدون طيار مع راكب، ودورها في الإسهام في تطوير قطاع التنقُّل الجوي، عبر توظيف أحدث التقنيات لدعم تسيير الرحلات الجوية الآمنة بين المدن. pic.twitter.com/VoPG6PEY4t
— مكتب أبوظبي الإعلامي (@ADMediaOffice) May 8, 2024
Mohammed Hamad Al Dhaheri, a Multi-Level Group board member, made history at the mobility expo by becoming the first person in the Middle East to board an eVTOL for a demonstration flight. Al Dhaheri explained to the press that future plans also involved manufacturing passenger drones in the UAE: “starting with drone structure and gradually moving forward until we manufacture small parts such as motors and batteries, ensuring the technology is fully developed and exported from the UAE to the world”.
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The milestone test flights represent a significant addition to Abu Dhabi’s achievements in the drone and micro-mobility sectors. The emirate’s forward-thinking strategy is rapidly making it a global hub for smart and autonomous vehicles while plans continue at pace to develop a sophisticated infrastructure for driver and pilot-less vehicles.
News
Daleel Expands To UAE, Tapping Into $44B Finance Market
The Bahrain-based company offers a personalized financial marketplace with regional expansion supported by investors Flat6Labs and Salica.
Daleel, a personalized financial marketplace originally founded in Bahrain, has officially entered the UAE market supported by notable investors, including Flat6Labs and Salica. Known for its ability to connect customers with tailored financial products, Daleel has gained significant traction in its home country, and the company is now eying the wider Middle East’s massive personal finance market, valued at an estimated $44.4 billion.
The platform’s UAE debut was hosted at Visa’s CEMEA Market Support Center in Dubai, marking another milestone for Daleel. The company gained regional attention when it clinched first place and $40,000 in funding at the 2023 Visa Everywhere Initiative finals in Saudi Arabia.
Daleel’s expansion is supported by notable investors, including Flat6Labs and Salica. At the launch event, several key figures in the fintech and financial sectors were present, including Daleel’s co-founders, CEO PK Shrivastava and COO Ridaa Shah.
Reflecting on the launch, PK Shrivastava said, “Launching in the UAE is a landmark moment for the company, and we are pleased to do so alongside Visa, who have championed us from the start. There is a real demand across the region for personalized finance, and we believe this is the right time to expand our marketplace to connect more customers with the best financial solutions”.
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Daleel’s team combines expertise in open banking, finance, and technology, which has enabled the company to refine its platform for the regional market. Their data-driven system is designed to quickly match customers with financial products, ranging from credit cards and mortgages to savings accounts, offering personalized options in seconds. This transparency and efficiency benefit consumers while providing financial institutions with more cost-effective ways to acquire customers and create data-informed products.
Looking ahead, Daleel plans to secure an open finance license in 2025, which will allow even deeper integration with financial institutions. The company’s ultimate goal is to build a financial ecosystem where decisions that used to take weeks can now be made in minutes, empowering users to achieve better financial outcomes.
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