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Abu Dhabi Launches World’s Biggest Self-Driving Car Race
The Autonomous Racing League will see 10 teams from around the world competing in specially built Dallara Super Formula cars.
Abu Dhabi has launched what it calls “the world’s biggest racing league for self-driving cars“. The vehicles use advanced technologies and AI, and the series is aimed at promoting driverless technology.
The Abu Dhabi Autonomous Racing League (A2RL) will take place on April 28, 2024, at the Yas Marina Circuit. The prize fund amounts to $2.25 million, with 10 teams competing for a slice of the winnings. Aspire, the development arm of Abu Dhabi’s Advanced Technology Research Council, revealed its plans for the upcoming race at GITEX Global on Monday.
Autonomous race teams will mostly be made up of universities and research organizations. The event will see a number of countries involved, including the UAE, USA, China, Germany, Hungary, Italy, Singapore, and Switzerland.
For the race, teams will all use the same base vehicle, though they will be allowed to tweak its software algorithms. The machine itself is a brand new Italian-developed Dallara Super Formula SF23. The single-seater uses biocomposite panels made from a mixture of “flax fiber, cork, and recycled carbon fiber”. Weighing in at just under 700kg, the car is the fastest open-wheel racer outside of Formula One, capable of a max speed of 300kph.
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“We will combine state-of-the-art motor racing parts with robotic technology and AI to deliver an extreme sporting experience. Our racing is not just applicable to transportation. It is also useful in advancing sectors such as health care and logistics. And to that end, in addition to car racing, we will stage autonomous drone and buggy racing,” said Tom McCarthy, Aspire’s executive director.
Aspire is taking a similar approach to other autonomous race series, allowing all teams from previous self-driving competitions to participate, along with university-affiliated teams and public and private research institutions. Eventually, organizers hope that some of the advanced technology and robotics used in cars will filter down to regular production vehicles.
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Checkout.com Set To Launch Card Issuing In The UAE
The payment service provider’s expansion is a first-of-its-kind investment and could reshape digital transactions across the region.
Checkout.com is laying the groundwork to become the first global payments platform to introduce card issuing in the United Arab Emirates — a move that could reshape how businesses in the region manage financial transactions.
The company plans to roll out its domestic card issuance offering in the UAE by 2026, subject to regulatory approval. The launch would give businesses the tools to issue both physical and virtual branded cards. This, in turn, opens up new ways to reward customers, streamline expense processes, and handle B2B payouts efficiently.
Checkout.com’s CEO and Founder, Guillaume Pousaz, revealed the plans during Thrive Abu Dhabi, the firm’s debut conference in the Emirates. Joined on stage by Remo Giovanni Abbondandolo, General Manager for MENA, Pousaz presented to an audience of over 150 partners and merchants at Saadiyat Island. Also in attendance was H.E. Omar Sultan Al Olama, the UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications.
Abbondandolo highlighted the strategic importance of the announcement: “As a global business, we focus on bringing products to markets that our customers want and need. Today’s announcement is proof of our commitment to the MENA region and its rising influence in the digital economy. The appetite for innovation here is real, and we’re proud to be building the infrastructure that powers it”.
One early adopter of Checkout.com’s UAE acquiring services is Headout, a travel experiences marketplace, which recently named the payment provider as its main partner in Europe. The company has already begun card issuing there and is keen to expand that offering into MENA once approval is granted.
The expansion of services in the UAE and beyond builds on Checkout.com’s track record in the region. It was the first global payments firm to secure a Retail Payment Services license from the UAE’s Central Bank and was instrumental in rolling out Mada and Apple Pay in both the UAE and Saudi Arabia.
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The firm has also been rolling out new products: One of the latest is Flow Remember Me, currently in beta testing. It allows shoppers to store their card information once and access it across Checkout.com’s entire network, potentially cutting checkout times by up to 70%.
Earlier this year, Checkout.com also introduced Visa Direct’s Push-to-Card solution in the UAE, enabling both domestic and international payouts. Its collaboration with Mastercard has grown as well, making it easier for businesses to send funds directly to third-party cards securely and quickly.
With regional tech ambitions on the rise — spurred by initiatives like Saudi Arabia’s Vision 2030 and the UAE’s 2031 Agenda — Checkout.com sees its role as one of a key enabler. “Our mission is to help ambitious businesses navigate the complexity of payments, so they can move faster, go further, and make the most of every opportunity,” said Abbondandolo. “In MENA, performance is personal. It’s local. It’s built on trust. And when payments perform, businesses thrive”.
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