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Mobileye to power UAE robotaxis; Egypt's Elves raises $2 million

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Good morning, Here’s your weekly Middle East AI News! Not quite as much news to share as last week, b
 

Middle East AI News

September 24 · Issue #34 · View online
Middle East AI News is a weekly news digest covering artificial intelligence news from across the region.

Good morning,
Here’s your weekly Middle East AI News!
Not quite as much news to share as last week, but some interesting announcements and deals nonetheless. This week saw a few more deals come to light inspired by the Israel-UAE Abraham Accords. Among these is yesterday’s announcement of Al Habtoor Group’s deal with Israeli autonomous vehicle company Mobileye (now owned by Intel) to start a robotaxi service in Dubai by 2023.
There are also a few funding deals below, including one of the latest investments from Abu Dhabi’s AI and cloud company Group 42. The company has invested in the $133 million Series C round of industrial AI company Beyond Limits. Last year Group 42 disclosed investments in Chinese companies HeyGears , Mena Mobile and Jollychic.
Meanwhile, in corporate news Huawei has named it’s UAE CEO Shi Li as the new President of the Huawei Cloud & AI Business Group for the Middle East region. Huawei created the new business group at the turn of 2020.
Scroll down for these stories and more.
Have a great weekend!
/Carrington

Startup News
AI company Beyond Limits closes $133 million Series C round AI company Beyond Limits closes $133 million Series C round
Egypt's Elves raises $2 million for its app-based concierge service
AREA 2071 hosts Founder Institute’s global startup accelerator programme
Autonomous Vehicles
UAE’s Al Habtoor partners with Israel's Mobileye to operate robotaxis and autonomous vehicles
Education
ICT minister releases details on Digital Egypt Builders Initiative
Robotics
A new robot recruit has just joined the team at Dubai International Airport
Huawei
Huawei appoints new president for Cloud and AI Business Group in the Middle East
Abraham Accord
Israel’s most active VC firm courts UAE investors Israel’s most active VC firm courts UAE investors
UAE's HBK ties up with Israeli firm to launch telehealth product
Israel based Fintech Fintica teams up with UAE-headquartered CEO of Barker and Booth
AI Policy
Egypt’s new data protection law and what it means for business
Drones
Aerodyne Group partners with Al-Babtain LeBlanc to transform Middle East drone inspections
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