Abu Dhabi Investment Office (ADIO) and Multi-Level Group (MLG), a leading fintech group in the MENA region, signed an agreement.

According to Amac News: ADIO and MLG signed a tripartite agreement with EHang at the opening of DRIFTx Abu Dhabi.
According to the agreement, ADIO will provide EHang with data and information related to the establishment of a manufacturing business and industrial services in Abu Dhabi, enabling and linking with the Abu Dhabi ecosystem and international business opportunities.
EHang is looking to set up its headquarters in Abu Dhabi for business activities with local partners including manufacturing, flight operations, research and development, training and maintenance, repairs and overhaul facilities (MRO).
EHang is one of the urban air mobility (UAM) technology platform companies. The company provides customers with systems and solutions for unmanned eVTOL aircraft and unmanned aerial vehicles (UAV).
The inaugural DRIFTx Abu Dhabi, supported by ADIO and SAVI, was an international platform and exhibition to showcase the latest cutting-edge urban mobility applications in air, land and sea.
Held at Yas Marina Circuit from April 25-26, 2024, the event featured engaging discussions, demonstrations of flying taxis, driverless cars, and self-driving boats.