70% of foreign investors willing to pay a premium for sustainable properties finds ZāZEN Properties

ZāZEN Properties, a sustainable property developer based in Dubai, has noted a rising interest in sustainable real estate. The locally-grown brand has stated that 80% of investors in the UAE’s real estate sector are now prioritising sustainability, while 70% of foreign investors are willing to pay a premium for sustainable properties.

Since 2010, millennials have consistently been the primary group of home buyers in the UAE. However, Gen Z, individuals born between the late 1990s and early 2010s, are expected to surpass them in the coming years. Despite this projection, millennials will continue to play a critical role in the country’s real estate success. With global data showing that

90% of these demographics are making an active effort to reduce their environmental impact, the demand for sustainable residential real estate is growing. Although the UAE’s property market generates around 5.5% of the country’s overall GDP, there is potential for it to contribute more as progress towards a sustainable future is realised. The country’s wise leadership is aware of this, and numerous environmentally- focused initiatives have been implemented as a result, with the Dubai 2040 Urban Masterplan and UAE Net Zero 2050 being among the most recognisable. The UAE is leading the sustainability trends among the GCC countries, with the highest share of green buildings in the Middle East and North Africa (MENA), but it continues to stand out. Recently, Expo City Dubai announced that it will soon unveil sustainable residential developments. The same plot was used for the highly successful Expo 2020 and has been dubbed a blueprint for ‘green’ urban planning by retaining 80% of its original built infrastructure, including 123 LEED-certified buildings and eight CEEQUALcertified projects.

EDGE signs MoUs with Raytheon Emirates to contribute to global supply chain

Edge Group subsidiaries EPI and Lahab Defence Systems have signed two Memorandums of Understanding with Raytheon Emirates to explore potential collaboration. The agreement aims to align production goals and contribute to Raytheon’s global supply chain, prioritising the development of advanced technology products like the Coyote Interceptor and their components and services.

EPI may potentially provide manufacturing engineering, machining, surface treatments, equipping, and sub-assembly, while Lahab may explore payload assembly contributions. The announcement was made on the sidelines of the International Defence Exhibition and Conference.

Collaboration with established and capable local companies like EPI and Lahab is critical for Raytheon, as the company seeks to co-produce the Coyote CounterUAS interceptor in the UAE. The partnership with the UAE’s robust defence industrial ecosystem will strengthen Raytheon’s global supply chain. Raytheon Emirates is committed to continuing to develop the UAE’s defence industry in advanced technology areas such as the Coyote Interceptor.

Adyen first to embed Click to Pay experience into online checkout flow in available markets

Adyen, a global financial technology platform for businesses, has announced that it is the first company to integrate the Click to Pay experience into its online checkout process in all available markets. Click to Pay simplifies the payment experience for enrolled shoppers by allowing them to bypass manual data entry during online checkout and complete the transaction in only a few clicks. This innovative method of data retrieval addresses the common hurdle of manual card entry during the payment stage, making the payment process quicker, more intuitive, and less prone to error across devices and browsers.

By integrating Click to Pay into the online payment flow, Adyen eliminates the need for consumers to manually enter their card details, which in turn makes it quicker and easier for them to complete their purchases. This ultimately drives revenue for the customers. Adyen understands that every added step in the payment journey increases the risk of consumers abandoning their purchases.

By offering a seamless payment solution, Adyen aims to reduce the risk of drop-off at the checkout stage while maintaining the highest level of trust and security. Adyen retrieves a shopper’s historically preferred card information on their behalf, rather than manually entering card details, which is a common cause of frustration and prone to human error. Click to Pay is available even when checking out as a guest, and it not only saves time and effort but also provides shoppers with the comfort of not needing to share card details with every online business they transact with.

With Click to Pay joining Adyen’s growing range of checkout functionality, the company continues to lead the transition to more seamless and secure transactions. Click to Pay is supported by major card schemes including Mastercard and Visa, and it improves conversion, authorisation, and the overall customer experience. Adyen looks forward to supporting the growth of the digital business.

EDGE receives AED 70 Million contract for V-PROTECT and SKYSHIELD solutions

Abu Dhabi-based Edge has announced that it has secured two contracts with a combined value exceeding AED 70 Million to provide multiple V-PROTECT convoy protection solutions and SKYSHIELD counter-unmanned aerial system solutions to an international customer. These agreements were announced at the International Defence Exhibition and Conference, IDEX 2023, and are a part of the UAE’s export development strategy. They also position the country as a significant global player within the defence and advanced technology sectors.

In 2022, EDGE received orders worth more than $5 Billion, with 35% of them being global exports. The company announced new orders for its products and solutions worth over AED 10 Billion, including international exports, in the first two days of IDEX 2023, with more expected to be announced during the event.

V-PROTECT is a radio frequency, RF communication jamming system that is created to protect convoys from radio-controlled improvised explosive devices, RC-IED. SKYSHIELD is a multi-layered, comprehensive solution equipped to deliver advanced anti-drone protection with a broad range of detection and interception capabilities. The two contracts demonstrate Edge’s continued commitment to providing advanced technological solutions that meet the needs of customers in the defence sector.

EDGE launches SKYSHIELD multi-layered, integrated counter-unmanned aerial system

Edge, an advanced technology and defence group based in Abu Dhabi, has launched SKYSHIELD, a sophisticated, multi-layered, and integrated counterunmanned aerial system solution. The solution is equipped with advanced sensors, 3D radars, electro-optic cameras, direction finders, and effectors that are all linked to Edge’s unified command and control system, providing real-time situational awareness. It can detect and neutralise drone threats automatically by using Edge’s spoofing and jamming solutions, among other countermeasures.

The SKYSHIELD system is designed to be modular and can be configured for permanent installation in critical infrastructure or as a rapidly deployable solution for a range of civilian and military vehicles, trucks, and ships. The solution features automated 360° detect and defeat capabilities for anti-drone protection, targeting military, law enforcement, security, and VIP protection markets.

To ensure that the system can operate optimally in the region’s harsh natural environment and climate, Edge has extensively tested the C-UAS solution in hot, humid, and dusty weather conditions, proving its performance and reliability in the most challenging situations.

The comprehensive system employs a variety of detection and interception techniques and can be configured for permanent implementation or as a rapidly deployable system. Responding to drones and their potential threat requires a comprehensive approach, and the C-UAS solution from Edge meets this requirement with a high degree of sophistication and integration.

Savoye to automate New East General Trading’s distribution centre with Autonomous Robots

Savoye, a global provider of warehouse automation and software in the Middle East, has signed a deal with New East General Trading, an automotive parts distributor in the region to automate the company’s Dubai Distribution Centre. Savoye will implement its Autonomous Case-handling Robots, ACR solution, which is the first of its kind in the Middle East, at New East’s Dubai Distribution Centre.

The deal is a significant achievement for both companies as they work together to promote innovation and enhance efficiency in the spare parts supply chain industry. The ACR solution from Savoye incorporates Intelis conveyors, Haipick Autonomous Casehandling Robots and Pick-to-Light technology, all managed by Savoye’s Warehouse Execution

Software. The result is a streamlined and efficient internal system that delivers better services, quicker results, and reduced prices.

Savoye’s expertise in software, automation, solution design and integration has enabled the company to contribute to the digital transformation of the supply chain sector. The company is capable of handling small to large-scale projects in both manual and highly automated warehouses. The automotive industry has experienced pricing power and profits per vehicle, which has resulted in disruptions in the supply chain of parts. In response, solution providers are innovating and delivering superior solutions to meet growing expectations and demands.

Museum of the Future and SAP launch OSS Hope Simulator providing immersive experience

The Museum of the Future in Dubai has unveiled its latest exhibit, the Orbital Space Station or OSS Hope Simulator from SAP, which showcases the potential uses of today’s technologies to sustain a future space station. The unveiling was part of the SAP NOW event, which focused on innovation, sustainability, and digital transformation. The museum had previously announced a strategic partnership with SAP to generate innovative technological solutions that address humanity’s greatest challenges.

The OSS Hope Simulator is located on the ‘Tomorrow Today’ floor of the museum, where visitors can experience nearfuture technologies that have the power to transform and change the way we live. The simulator guides visitors through various scenarios that could impact the OSS Hope, a space structure designed to redirect solar energy to power Earth by 2071. Visitors play on one of the three gaming stations and encounter challenges that use existing SAP technologies and solutions to reduce emissions, waste, and inequalities to zero, making OSS Hope a more sustainable vision. The simulator includes a ‘Wall of Knowledge’ that explains how SAP’s various solutions and technologies work. Visitors can view SAP’s global use cases to find out about the current applications of specific solutions. The SAP simulation uses eight solutions, including blockchain, advanced analytics, artificial

intelligence, hyper-automation, and digital twins.

A recent YouGov survey commissioned by SAP shows that the vast majority of companies in the UAE recognise the importance of sustainability and its role in their future success. Over 96% of UAE companies recognised the importance of sustainability as a business objective, with 52% describing it as vital to their success.