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[BUSINESS] · United Arab Emirates · 2 sources

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Abu Dhabi announces $40.84 billion in deals at LIVEX 2026

The LIVEX 2026 summit concluded with more than 50 agreements and initiatives valued at over AED 150 billion ($40.84 billion) aimed at advancing Abu Dhabi’s liveability and economic development. The deals involve collaboration between government, the private sector, and academia to integrate technology and investment into urban management.

Key initiatives include a service contract between the Department of Municipalities and Transport (DMT) and e& to launch AI-enabled drone services. These drones will provide real-time data for traffic monitoring, urban space management, construction progress oversight, and the detection of surface damage. Additionally, DMT signed a memorandum of understanding with TACTICA AI for AI-enabled solutions.

In the transport sector, Abu Dhabi Mobility announced a Dh300 million project to modernize public transport through an advanced Automated Vehicle Management (AVM) system and an integrated digital smart fare collection system. The contract for this project was awarded to Conduent Business Solutions S.A.S., a French company specializing in smart mobility and electronic fare collection.

Entities

Abu Dhabi · Conduent Business Solutions S.A.S. · Department of Municipalities and Transport · LIVEX 2026 · e&