{"id":104575,"date":"2025-06-13T00:00:00","date_gmt":"2025-06-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/edge-italys-leonardo-to-build-tech-center-in-abu-dhabi\/"},"modified":"2025-06-13T00:00:00","modified_gmt":"2025-06-13T00:00:00","slug":"edge-italys-leonardo-to-build-tech-center-in-abu-dhabi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/06\/13\/edge-italys-leonardo-to-build-tech-center-in-abu-dhabi\/","title":{"rendered":"Edge, Italy\u2019s Leonardo to build tech center in Abu Dhabi"},"content":{"rendered":"

DEFENSE- <\/p>\n

Edge<\/strong> and Leo<\/strong>nardo to launch a JV:<\/strong> Edge Group<\/a> and Italian multinational company Leonardo<\/a>, which specializes in aerospace, defence and security, inked an MoU to establish a joint venture to build a tech center in Abu Dhabi, Edge announced in a press release (pdf)<\/a>. The advanced tech center will serve as a global hub for advanced defense technologies.<\/p>\n

The details: <\/strong>The tie-up will focus on systems for naval, air, missile, and counter-drone platforms, and integrate technologies such as naval C2 and BMD systems, C-UAS, maritime airborne capabilities, optronics, and high-performance computing for missile applications.<\/p>\n

Background: <\/strong>Edge and Leonardo signed a collaboration agreement at IDEX 2025 in February<\/a>, targeting joint development across air, naval, cyber, and counter-drone systems.<\/p>\n

TECH- <\/p>\n

#1- TII\u2019s Falcon-HI available with Nvidia NIM:<\/strong> Abu Dhabi\u2019s Technology Innovation Institute (TII) is rolling out its Falcon-H1 model as a production-ready Nvidia NIM, unlocking fast deployment for enterprises building agentic systems and multilingual assistants, according to a press release<\/a>. TII launched Falcon-H1 in May<\/a> along with Falcon Arabic, a large language model trained on native datasets spanning Modern Standard Arabic and regional dialects.<\/p>\n

SOUND SMART- <\/strong>What is Nvidia NIM? Short for Nvidia inference microservice, Nvidia NIM is a containerized deployment format that lets developers plug large AI models directly into production on Nvidia-related infrastructure. It handles heavy lifting tasks like auto-scaling, hardware optimization, and latency management, and can expedite weeks of development work into minutes.<\/p>\n

#2- <\/strong>Dubai\u2019s <\/strong>Yango taps Serbia\u2019s data center for servers: <\/strong>Dubai-based tech company Yango<\/a>Group<\/a> has signed an MoU to host its own server infrastructure at Serbia\u2019s State Data Center<\/a> in Kragujevac, with the site expected to go live later this year, Arabian Business<\/a> reports. The center will be Yango\u2019s main infrastructure site, and its service will go online through a single-tenant framework \u2014 meaning that Yango\u2019s servers will be isolated from others in the facility.<\/p>\n

Why Serbia? <\/strong>The group cited Serbia\u2019s geographic location, energy and cost efficiency, and data center-friendly regulatory environment as main factors in selecting Kragujevac. <\/p>\n

#3- <\/strong>EasyLease forms AI m<\/strong>obility partnership with <\/strong>BigBear.ai<\/a><\/strong> and Vigilix:<\/strong> International Holding Company\u2019s mobility solutions subsidiary EasyLease partnered up with NYSE-listed AI solutions company BigBear.ai<\/a><\/strong> and UAE-based firm Vigilix to develop AI-powered solutions for mobility, asset management, logistics, and smart infrastructure, according to a press release (pdf)<\/a>.<\/p>\n

The details: <\/strong>BigBear.ai<\/a><\/strong> will customize and localize its AI solutions for the sectors, whilst Vigilix will head up the regional expertise and strategy, and ADX-listed EasyLease will provide operational leadership.<\/p>\n

HEALTHCARE-<\/p>\n

Dubai<\/strong> to see emirates\u2019 first proton therapy center by 2028: <\/strong>The Dubai Health Authority approved Yas Healthcare\u2019s plan to establish the country\u2019s first dedicated proton therapy center in the emirate, according to a Dubai Media Office statement<\/a>. Yas Healthcare, a subsidiary of Das Holding, will lead the project, and the National Cancer Centre Singapore will be a technical and clinical consultant.<\/p>\n

More details: <\/strong>Construction on the facility is set to begin in 2026 and wrap up by late 2028. It will offer advanced, low-toxicity cancer treatment that spares healthy cells, and is particularly good for treating children and complex tumor cases.<\/p>\n

\n

M&A WATCH- <\/p>\n

#1-<\/strong> Hoko <\/strong>acquires Everdome to boost AI-content venture: <\/strong>UAE-based creative agency Hoko has acquired Emirati metaverse company Everdome to support the rollout of HumAIn Assets, its new platform combining AI, human creativity, and Web3 tools for content production, according to a statement (pdf)<\/a>. Under the agreement, Everdome\u2019s token and leadership team will integrate into the venture, which is currently in its testing phase. The transaction value wasn\u2019t disclosed. <\/p>\n

#2- <\/strong>Harish <\/strong>Fabiani secures Dubai business center for AED 115 mn: <\/strong>Spanish-Indian entrepreneur Harish Fabiani acquired Richman House Business Center and 20k sq ft of commercial space in Dubai\u2019s Business Bay for AED 115 mn, according to a press release<\/a>.<\/p>\n

The next steps: <\/strong>The acquisition marks Fabiani\u2019s entry into business center operations, and the entrepreneur is set to launch his flexible workspace platform under the Richman House brand. The building contains 60 office spaces and adds to Fabiani\u2019s Emirati portfolio, which includes the Thuraya Telecom Tower in Dubai<\/a> \u2014 currently undergoing expansion upgrades following its December acquisition. Fabiani previously said he was aiming to double his portfolio to AED 1 bn over the next year and was looking to a commercial REIT listing.<\/p>\n

#3- <\/strong>Lottery.com<\/strong> to acquire UAE-based Nook for USD 2.5 mn: <\/strong>US-based Lottery.com<\/a> has signed an amended stock purchase agreement to acquire 90% of Dubai-based Nook Holdings for USD 2.5 mn, according to a press release<\/a>. The transaction is expected to close by 30 June. The move will see Nook, which offers business support services for sports-focused firms, rebranded under the sports.com platform and serve as the group\u2019s launchpad for the Middle East.<\/p>\n

AI- <\/p>\n

UAE\u2019s <\/strong>Cntxt + Actualize to launch Arabic-speaking voice agent:<\/strong> UAE-based AI infrastructure and data governance firm Cntxt AI and voice automation platform Actualize have partnered to roll out an Arabic-language voice agent that understands and interacts in regional dialects in real time, according to a press release<\/a>. The product is already live for public testing.<\/p>\n

How it works: <\/strong>The voice agent combines Cntxt\u2019s Munsit<\/a> Arabic speech-to-text engine with Actualize\u2019s automation backend, and will put to use in situations like auto-confirming bookings, call routing, order and payment follow-ups, government portals, and real-time transcription. <\/p>\n

ICYMI- <\/strong>Cntxt AI also signed an MoU with autonomous AI agent platform Beam AI in late May<\/a> to provide AI agent solutions for GCC governments and corporations.<\/p>\n

CAPITAL MARKETS- <\/p>\n

China\u2019s Haitong initiates coverage on Adnoc listed firms:<\/strong> China-based financial institution Haitong International has initiated coverage of all six Adnoc-affiliated companies on the Abu Dhabi Securities Exchange, and rated each one \u201coutperform,\u201d state news agency Wam<\/a> reports. The UAE\u2019s energy system growth, AI adoption, robust domestic consumption, and decarbonization momentum, and strong company assets, were cited as reasons behind the rating.<\/p>\n

The six firms covered: <\/strong>Haitong expects Adnoc Distribution, Adnoc Drilling, Adnoc Gas, Adnoc Logistics and Services, Borouge, and Fertiglobe to outperform industry peers over the next 12-18 months, and assigned an average price upside of 26% from current levels.<\/p>\n

REAL ESTATE- <\/p>\n

UEM <\/strong>Edgenta forms Dubai property management JV:<\/strong> Malaysia\u2019s UEM Edgenta Berhad\u2019s subsidiary has established a joint venture with Dubai's 21 Estates Group to provide property management services in the UAE, according to a press release<\/a>. The new company, named DuaSatu, will focus on master developments in Dubai, including Expo City Dubai properties.<\/p>\n

The details: <\/strong>UEM\u2019s Dubai-based property management subsidiary, Kaizen, signed the agreement with 21 Estates, an Expo City Dubai subsidiary. Services will include owners' association management, leasing, and real estate advisory for Dubai projects with potential global expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Plus: New proton therapy center<\/p>\n","protected":false},"author":1,"featured_media":104576,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[47,610,2352,1400,87,1406,937,7,79,131,1395,1344,98,1341,870],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-artificial-intelligence","tag-cntxt-ai","tag-defense","tag-dubai","tag-easylease","tag-edge-group","tag-enterpriseam-uae","tag-fintech","tag-healthcare","tag-investments","tag-ma","tag-real-estate","tag-tech","tag-technology-innovation-institute","wpautop","entry"],"acf":{"mongo_id":"21a7bb01-1524-4fa6-804a-055523b9f23c","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/6\/686.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Edge, Italy\u2019s Leonardo to build tech center in Abu Dhabi","related_issue":[104555],"teaser":"Plus: New proton therapy center","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.6cc9bfaf-3280-486c-9361-2710817a2271.mp3"},"yoast_head":"\nEdge, Italy\u2019s Leonardo to build tech center in Abu Dhabi - 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