News

Dubai’s Self-Driving, Electric Abra Blends Tech With Tradition

The Emirate is upgrading its waterway transportation fleet by introducing Sea Breeze, a smart, sustainable water taxi.

Published

1 year ago

May 15, 2023

Nour Nasir

dubai's self-driving electric abra blends tech with tradition

Dubai Media Office

Yesterday, a self-driving traditional wooden abra boat named “Sea Breeze” embarked on its first on-the-water trial on Dubai Creek between the Al Jadaf and Festival City stations.

The initiative, led by the Dubai Roads and Transport Authority (RTA), aims to enhance efficiency for residents and tourists while lowering emissions.

dubai electric abra render

“Dubai’s commitment to pioneering advancements in transportation is evident in the launch of the city’s first self-driving electric abra,” noted His Excellency Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA. “This groundbreaking development aligns with our vision to transform Dubai into a smart city and offers an eco-friendly solution that ensures the sustainability of our transportation infrastructure”.

Featuring state-of-the-art automated navigation systems, the Sea Breeze can effortlessly glide along Dubai’s waterways while retaining the iconic shape of the traditional abra. The self-driving abra has plenty of benefits, including an increased passenger capacity of up to 8 people, reduced operational costs, and environmental impact due to its electric propulsion system.

dubai electric abra technology specs

As for the craft’s AI smarts, the self-driving abra can detect oncoming obstacles, notify the control center of system malfunctions and deviate from preset routes if obstacles are detected, or an emergency is announced.

Also Read: Dubai Launches The World’s Largest Ocean Restoration Project

“The launch of the self-driving electric abra marks a significant milestone in Dubai’s journey towards a sustainable and technologically advanced transportation system,” explained His Excellency Sultan Al Haddad, who is the CEO of the Marine Transport Sector at RTA. “By integrating advanced autonomous technology with an eco-friendly electric propulsion system, we are revolutionizing the way people move across Dubai’s vibrant waterfront areas”.

Dubai revealed a next-generation fleet of high-powered wooden abras back in 2020 as part of a plan to overhaul the emirate’s marine transport sector. The traditional boats were overhauled to cater to improved safety standards and to allow better access for people with disabilities. Changes included designated wheelchair spaces, life jackets stowed under seats and GPS technology, and upgraded digital payment systems.

News

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.