INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

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.