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Dubai Police To Launch AI Road Accident Reporting System

Statistical data suggests that the new tool will reduce manual processes by 50%.

Published

9 months ago

October 18, 2023

dubai police to launch ai road accident reporting system

Dubai’s Police department has unveiled a new AI-based accident reporting tool at GITEX 2023. The system offers a convenient way for Dubai motorists to report road accidents and submit evidence via the official Dubai police app. As well as identifying those responsible, the technology will also save valuable time and reduce manual tasks by up to 50%.

According to a spokesperson, the AI reporting platform is 90% complete and will be accessible to the general public in the near future.

Dubai Police representatives went on to explain that AI is able to assess liability and identify damage, generating an accident report to aid them in issuing red slips to responsible parties and green slips to those unaccountable.

Also Read: Wave Bike Is On A Mission To Improve Beirut Commuting

Previously, motorists involved in car accidents had to await the arrival of traffic police to establish blame. AI will now assist officers, helping them gain a more holistic view of incidents and their causes.

Related Topics:Artificial Intelligence Dubai Dubai Police

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.