Dubai-based investment company Seed Group plans to roll out digital vehicle registration plates in the region by the end of this year, its chief executive said.
"We have executed successful POCs [proof of concepts] with Dubai Police and RTA [Roads and Transport Authority] … outcomes are encouraging and we are on the right track," Hisham Al Gurg told The National. "Digital plates will be launched once we get final approvals from the authorities, including the federal and local governments."
Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has teamed up with California-headquartered technology firm Reviver Auto and will invest Dh250 million ($69.4m) in the first phase of the project, Mr Gurg said.
The GCC will be the first market outside the US where Reviver’s digital plates, called RPlate, will be launched. Seed Group is also working in parallel to introduce them in North Africa, South Africa and Malta.
RPlate transforms the stamped metal licence plate into a sleek, digital and high-definition display. The technology can automate vehicle registration renewals and add new levels of personalisation to the licence plate that includes promoting charitable causes or a favourite sports team, Mr Al Gurg said.
“It will also add capabilities such as geofencing, monitoring trips taken and miles travelled,” he added.
Motion sensors in the RPlate let users monitor the vehicle remotely through the app and alert them if the vehicle is bumped in a parking lot or if a car is stolen. The location of the car can be easily tracked by police.
Regulators can digitally manage the vehicle’s registration and other compliance processes. Driver behaviour and location can also be monitored through the sensors. Since the display is digital, the content can be adjusted to convey additional information and status details.
“Our POC is already approved in Malta. It will be the first European market to have digital plates once our discussions are finalised with the Maltese authorities,” said Mr Al Gurg.
“This is one of the most disruptive and visionary projects undertaken by Seed Group. Digital plates hold the potential to impact many industries such as security, transport, technology and entertainment … making them more secure, connected, responsive and agile,” he added.
Seed Group, which acts as a springboard for global start-ups that are willing to expand into Dubai and the wider Middle East, has invested in diverse sectors such as technology, cyber security, healthcare, FinTech, tourism and hospitality.
“Out of Dh250m, nearly Dh50m budget is earmarked for the UAE launch … [we] intend to launch by the end of the fourth quarter or early next year. As technology develops and we see more emerging use cases, we will inject more capital, but it will be decided at the later stages of the project,” he added.
"We chose [the] UAE as our second market due to its focus on innovation and technology … the country is focusing on connected vehicle strategies for some time and the digital plate will be a good compliment to their strategic initiatives," Robert Wood, president and chief executive of Reviver, told The National.
Reviver has teamed up with Seed Group because of their “relationship with the local authorities and the forward-looking plans”, Mr Wood said.
“Seed Group has led a number of technology and innovative initiatives over the years … we have a good chance of advancing the project and overcoming any political and operational obstacles that may come up,” he added.
RPlate has been approved by the US government for sale in California and Arizona.
Additional features will include amber and weather alerts, automated parking, paying toll taxes, marketing capabilities and much more, Reviver said on its website.
“The metal licence plate is a 19th-century feature of 21st-century vehicles. In it, we see untapped opportunities for motor vehicle administrations and vehicle owners,” Neville Boston, founder and chief security officer of the company, said.
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
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Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
The Freedom Artist
By Ben Okri (Head of Zeus)
Saudi Cup race day
Schedule in UAE time
5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
COMPANY PROFILE
Name: N2 Technology
Founded: 2018
Based: Dubai, UAE
Sector: Startups
Size: 14
Funding: $1.7m from HNIs
Day 1 results:
Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)
Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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5
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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RESULT
Kolkata Knight Riders 169-7 (20 ovs)
Rajasthan Royals 144-4 (20 ovs)
Kolkata win by 25 runs
Next match
Sunrisers Hyderabad v Kolkata Knight Riders, Friday, 5.30pm
THE SPECS
Engine: 2.0-litre 4-cylinder turbo
Power: 275hp at 6,600rpm
Torque: 353Nm from 1,450-4,700rpm
Transmission: 8-speed dual-clutch auto
Top speed: 250kph
Fuel consumption: 6.8L/100km
On sale: Now
Price: Dh146,999
Fixture and table
UAE finals day: Friday, April 13 at Rugby Park, Dubai Sports City
- 3pm, UAE Conference: Dubai Tigers v Sharjah Wanderers
- 6.30pm, UAE Premiership: Dubai Exiles v Abu Dhabi Harlequins
UAE Premiership – final standings
- Dubai Exiles
- Abu Dhabi Harlequins
- Jebel Ali Dragons
- Dubai Hurricanes
- Dubai Sports City Eagles
- Abu Dhabi Saracens
The years Ramadan fell in May