The topic of this article may not meet Wikipedia's general notability guideline .(September 2024) |
Company type | Private |
---|---|
Industry | Artificial Intelligence and Technology Services |
Founded | June 2023 |
Founder | Mohammad Abu Sheikh and Hasan Abu Sheikh |
Headquarters | Abu Dhabi, United Arab Emirates |
Key people | Mohammad Abu Sheikh (founder, CEO), Hasan Abu Sheikh (co-founder, VP of Products) |
Products | Razi | Specter | Sinan | Mira | Iqraa | Mofkrah |
Website | https://www.locai.ai/ |
LocAI Ltd. is an AI and technology services company specializing in artificial intelligence, founded in Abu Dhabi, UAE. The company was established in June 2023 by Mohammad Abu Sheikh and Hasan Abu Sheikh. [1] [2]
In November 2023, LocAI completed an initial round of investment, raising US$150 million.
LocAI focuses on creating artificial intelligence technologies for specific regional challenges faced by businesses in the UAE and GCC region. The company is headquartered in Abu Dhabi, UAE. As of August 2024, LocAI employs approximately 150 people. Mohammad Abu Sheikh is founder and CEO and Hasan Abu Sheikh is co-founder and VP of Products. [1] [3]
LocAI offers several AI-powered products for various industries, including Razi [4] (a platform that serves the healthcare sector), [5] Specter [6] (developed for the legal industry), Sinan [7] (designed for the construction industry), [8] Mira [9] (focuses on customer experience, utilizes AI to optimize voice and chat interactions), [10] Iqraa [11] (aimed at the education sector), and Mofkrah [12] (focuses on meeting management, offering features such as automated transcripts and summaries for virtual meetings).
A central tenet of LocAI’s approach to AI is something they term, "hyper-localization" whereby AI solutions are customized to reflect regional nuances, languages, and regulations, ensuring relevance and compliance across diverse markets. [13]
Politics of the United Arab Emirates take place in a framework of a federal presidential elective constitutional monarchy. The United Arab Emirates (UAE) is a federation of seven constituent monarchies: the Emirates of Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain.
The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal, elective monarchy composed of seven emirates, with Abu Dhabi as its capital. It shares land borders with Oman to the east and northwest, and with Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran, and with Oman in the Gulf of Oman. As of 2024, the UAE has an estimated population of over 10 million, of which 11% are Emiratis; Dubai, is the most populous city, and is an international hub. Islam is the official religion and Arabic is the official language, while English is the most spoken language and the language of business.
E 11 is a highway in the United Arab Emirates (UAE). The longest road in the Emirates, it stretches from the Al Batha border crossing at the Saudi Arabia–UAE border in al-Silah in the al-Dhafra region of the Emirate of Abu Dhabi and ends at the Oman–UAE border crossing of al-Darah in al-Jeer, Emirate of Ras al-Khaimah, running roughly parallel to UAE's coastline along the Persian Gulf. The road forms the main artery in some emirates' main cities, where it assumes various alternate names —Sheikh Maktoum Bin Rashid Road and Sheikh Khalifa bin Zayed Road in Abu Dhabi, Sheikh Zayed Road in Dubai, Al Ittihad Road in Sharjah Emirate and Ajman Emirate, and Sheikh Muhammad bin Salem Road in Ras al-Khaimah.
E 311 is a major road in the United Arab Emirates. It begins in New Al Falah in Abu Dhabi and extends north-eastward towards the Ras al-Khaimah emirate. E 311 has been called Sheikh Mohammad Bin Zayed Road since January 2013 and is commonly known as SMBZ Road. Prior to that it was called Emirates Road, but that name is now given to E 611, which was previously Dubai Bypass Road.
Bashir Tahir born in Bhera, Punjab, Pakistan was a prominent corporate figure in the banking, communication, and real estate sectors of Pakistan.
E 66 is a road in the United Arab Emirates. The road connects the city of Dubai to the interior city of Al Ain in the Eastern Region of the Emirate of Abu Dhabi. E 66 runs roughly perpendicular to E 11 and E 311. Beginning in the locality of Oud Metha, E 11 progresses southward towards the interior. The road is referred to as the "Dubai-Al Ain Road", after its intersection with Emirates Road south of the city of Dubai, and "Tahnoun Bin Mohammad Al Nahyan Road", after Sheikh Tahnoun, the Ruler's Representative in the Eastern Region of Abu Dhabi.
The United Arab Emirates has enacted federal legislation to require universal healthcare, but this has not yet been implemented by all seven emirates. Healthcare is provided for all nationals. While health insurance is set to be mandated for citizens of other countries. Employers are to be required to provide health insurance for expatriate workers. In the UAE employers must also provide health insurance for up to one spouse and three dependents, while in Dubai expats are required to provide insurance for their dependents.
Abu Dhabi is the capital city of the United Arab Emirates. The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's second-most populous city, after Dubai. The city is situated on a T-shaped island, extending into the Gulf from the central-western coast of the UAE.
France–United Arab Emirates relations are the foreign relations between France and the United Arab Emirates.
China – United Arab Emirates relations refer to the diplomatic relations between the People's Republic of China and the United Arab Emirates. Diplomatic ties were first established in 1984. The UAE maintains an embassy in Beijing and a consulate-general in Hong Kong while China has an embassy in Abu Dhabi and consulate-general in Dubai. The UAE and China have been strong international allies, with significant cooperation across economic, political and cultural aspects.
The United Arab Emirates has an embassy in London while the United Kingdom of Great Britain and Northern Ireland maintains an embassy in Abu Dhabi and is unique in having another Embassy in Dubai, albeit with His Majesty's Consul-General to Dubai and the Northern Emirates, as opposed to a separate British Ambassador. The UAE-UK relations have been described as a "special relationship".
Suhail Mohammed Faraj Al Mazroui is an Emirati businessman and politician, who has been serving as the minister of energy in the United Arab Emirates since March 2013.
Tourism in the United Arab Emirates is an important part of the Emirati economy. In 2023, the tourism sector employed 809,300 people and contributed 220 billion dirham to the national gross domestic product (GDP), accounting for 12% of it. In 2024, the UAE was the 6th destination globally by international tourism receipts according to the World Tourism rankings, and it ranked 18th globally in the Travel and Tourism Development Index.
Abdallah Abu Sheikh is a Jordanian businessman, founder of Astra Tech, and CEO of Botim.
Events in the year 2022 in the United Arab Emirates.
Investopia is a UAE-based platform that facilitates connections within the global investment community. It connects investors and businesses with the UAE's economic landscape.
DeepFest is an annual AI event organized by Tahaluf and powered by the Saudi Authority for Data and Artificial Intelligence (SDAIA). The event was held for the first time and co-located with LEAP Tech Event in February 2023 in Riyadh, Saudi Arabia.
Mohammad Abu Sheikh is a Jordanian-born serial technology entrepreneur. He is the founder and CEO of LocAI Ltd, a company specializing in artificial intelligence applications. He is also an investor and board member at several AI-focused companies, including VGLNT AI, BasicAI Inc., CNTXT and SMPL AI.