INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Dubai South and Huawei ink deal

Huawei and Dubai South have signed a strategic partnership.
  • They will also explore innovative solutions to support a mixed-traffic, intelligent transport system for autonomous and driver-assisted vehicles.
  • The two entities will also develop and promote unified international cybersecurity standards to safeguard digital transformation projects.

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has announced a strategic partnership with Huawei.

The new partnership entails the adoption of innovative digital technologies and solutions from Huawei to enable intelligent, connected and sustainable communications infrastructure, data management, transportation, operations, security and other related services at Dubai South, local media reports said.

The Memorandum of Understanding (MoU) was signed on the sidelines of Dubai Airshow by Khalifa Al Zaffin, Executive Chairman of Dubai Aviation Corporation and Dubai South, and Jerry Liu, CEO of Huawei UAE.

To develop a dynamic smart transportation system, Dubai South plans to deploy a fully connected, high-bandwidth, low-latency private network for massive machine interactions built on Huawei technology, the reports said.

Dubai South will also tap into Huawei’s expertise by designing an advanced integrated operations center for centralized monitoring and control operations, traffic, security and other services.

The two organizations will also explore innovative solutions to support a mixed-traffic, intelligent transport system for autonomous and driver-assisted vehicles.

Furthermore, Dubai South and Huawei will consider potential collaboration on an AI-enabled platform for diverse stakeholders, such as aviation, logistics, education and training, leisure and hospitality and other sectors for operational purposes. The two entities will also develop and promote unified international cybersecurity standards to safeguard digital transformation projects.

Huawei is committed to supporting customers in the government, transport, real estate, education, healthcare and hospitality sectors to accelerate the digital transformation and reduce their overall IT spend, the reports said.