Emirates Driving’s board proposes rebranding, AI firm acquisition

Abu Dhabi - Mubasher: The board members of Emirates Driving Company recommended changing its trade name to Emirates Mobility Company.

On 18 February 2026, the board also proposed acquiring a 51% stake in Performise Labs FZ-LLC, a Dubai-based AI firm, according to a bourse filing.

The move supports the company’s strategy to accelerate digital transformation and deploy AI-backed tools in mobility services, driver testing and training, and vehicle inspection.

Completion of the acquisition will follow necessary regulatory approvals and contractual conditions.

During 2025, Emirates Driving recorded 22% higher net profits after tax at AED 345.86 million, compared with AED 282.36 million in 2024.

Mubasher Contribution Time: 18-Feb-2026 15:52 (GMT)
Mubasher Last Update Time: 18-Feb-2026 16:00 (GMT)