Breaking news

Uber Expands Driverless Mobility With WeRide Partnership In Abu Dhabi

Uber has escalated its commitment to autonomous mobility by launching fully driverless rides in Abu Dhabi. In a strategic collaboration with Chinese autonomous vehicle pioneer WeRide, this marks the company’s fourth market rollout and the first driverless robotaxi service in the Middle East.

Strategic Partnerships Fueling Innovation

The initiative builds on Uber’s substantial investments in autonomous technology. Previously deployed in major U.S. markets such as Phoenix, Atlanta, and Austin, these robotaxi services feature a combination of advanced artificial intelligence and onboard safety measures. In key international expansions, such as Riyadh and soon to be in 15 additional cities across Europe, Uber continues to set the pace for robotaxi integration.

Elevating The Ride Experience

Abu Dhabi residents can opt for a WeRide robotaxi when booking an UberX or Uber Comfort ride, with services operating in designated areas of Yas Island. The system enhances rider confidence by providing optional on-board support via an in-app feature and an in-vehicle tablet, ensuring that safety remains paramount despite the absence of a traditional driver.

An Industry Trend Towards Autonomy

Uber’s ongoing collaboration with technology leaders underscores a broader industry shift towards autonomous solutions. Competitors such as Lyft have similarly embraced partnerships—for instance, a recent collaboration with Waymo to launch robotaxi services in Nashville. Furthermore, Uber’s groundbreaking agreements with electric vehicle manufacturer Lucid and autonomous startup Nuro signal a robust commitment to evolving the future of urban mobility.

Looking Ahead

While revenue-sharing details remain under wraps, Uber’s continued exploration of autonomy-driven services highlights the competitive edge sought within the rapidly transforming transportation sector. As the company scales this technology globally, market watchers and urban commuters alike are poised to witness the rising prominence of robotaxi operations.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

Aretilaw firm
eCredo
The Future Forbes Realty Global Properties
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter