Emirates Driving Company (EDC) is set to acquire a 51 per cent stake in UAE-based artificial intelligence firm Performise Labs.
The Abu Dhabi-listed EDC, a subsidiary of 2PointZero Group, intends to leverage advanced technologies across mobility solutions, driver assessment and training. The transaction aligns with its strategic shift towards Emirates Mobility, an integrated platform designed to strengthen its presence within the broader mobility ecosystem.
The financial terms of the proposed acquisition have not been disclosed.
