NEWS
NNTC collaborates with Abu Dhabi Housing Authority to adopt digital twin for housing projects
The Abu Dhabi Housing Authority has announced the adoption of digital twin technology to showcase its housing projects .
This initiative focuses on 3D real-time visualisation of housing options . Additionally , through collaboration with NNTC , a company in digital twin technologies in the UAE , the Authority offers an integrated virtual experience where individuals can explore housing options that best suit their needs and book them interactively .
Supported by advanced technologies like Unreal Engine 5 and NVIDIA ’ s DLSS technology , the system enables the full visualisation of the internal and external layouts of more than 3,000 houses . Users can virtually tour residential complexes and view the various infrastructure , facilities , and the available services .
His Excellency Hamad Hareb Al Muhairi , Director General of Abu Dhabi Housing Authority , stated , “ We look forward to leveraging the
adoption of these modern technologies to showcase ADHA ’ s housing projects through an advanced system that simulates reality . This aligns with our continuous efforts to develop more technologies to enhance our customers ’ experience and empower them to make informed decisions regarding their housing needs .”
Dmitry Doshaniy , General Director of NNTC , commented , “ The system offers a transformative solution that will bring about a qualitative shift in the housing sector , setting new standards and providing an interactive experience to facilitate the selection of appropriate housing . We are proud to cooperate with the Abu Dhabi Housing Authority on this project and anticipate the positive impact on its services .”
Via integration with Geographic Information Systems , GIS , the system also provides housing details , simplifying the real-time viewing of available units and booking process .
Additionally , the integration of Geographic Information Systems , GIS through the system simplify the actual booking process . The solution is accessible via digital kiosks at the ISKAN Abu Dhabi Center or through the ISKAN Abu Dhabi application , which consolidates all the authority ’ s services under one smart application
Fintech provider FlapKap partners with Aramex to provide funding for SMEs
Aramex announced a strategic partnership with FlapKap , MENA ’ s revenue-based financing platform . The collaboration aims to support new and existing Aramex merchants , small and medium e-commerce businesses , SMEs based in the UAE to obtain , fast and flexible funding within 48 hours .
4 % of outstanding loans in the UAE awarded to SMEs .
This partnership aims to address this challenge by combining Aramex ’ s expertise in supporting SMEs with FlapKap ’ s innovative funding solutions .
SMEs play a critical role in the global economy , especially in fast-paced economic hubs like the UAE .
However , obtaining the necessary capital to scale their ventures remains a significant challenge . In fact , according to the International Finance Corp , SMEs in the UAE represent 90 % of total businesses .
As a total percentage of GDP , the estimates for rich MNEA countries are at approximately 51 % contribution from SMEs with employment contribution at 62 %. Paradoxically , there is an SME credit gap in excess of US $ 260 billion in MENA , with only
Under this landscape , Aramex supports SMEs by offering comprehensive logistics and transportation services , ensuring efficient supply chain management . FlapKap complements this by providing revenuebased financing solutions through its innovative application .
This partnership enables SMEs to access working capital financing from FlapKap to meet their inventory , marketing , and operational needs , all while benefiting from Aramex ’ s reliable logistics support .
FlapKap is MENA ’ s revenue based financing fintech solution that has been founded by Ahmad Coucha and Khaled Nassef in 2022 . Born in Cairo , Egypt , the powerhouse has spread rapidly to the larger MENA region and is now headquartered in Abu Dhabi , UAE .
The solution is tailored for various categories like Retail , F & B , Ecommerce and Trading businesses ; that are able to sign up on FlapKap application by simply signing up , uploading a few documents and getting funded in 48 hours .
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