As a global leader in the AIoT industry, Terminus will rely on Terminus International Headquarters in the Gulf and the wider market around the world to promote the further application and implementation of AIoT technology, and accelerate the R&D and application of products represented by multi-modal large models and generative AI. Expand the application scenarios of smart renewable energy, AI cities, and corresponding solutions; We will make use of the resources and advantages of the broader international market to create a business card of China's paradigm of science and technology diplomacy in the broad competition pattern of the global digital economy industry. H. Abdullah Saleh, Deputy Minister of Economy of the UAEe.Abdulla Al Saley and Rashid Mohammed, Chief Technology Officer of Expo City Dubai, attended the opening ceremony and delivered speeches. Ai Yu, Founder and CEO of Terminus, Shi Kangping, CFO of Terminus, and Shao Ling, President of Terminus International and Chief Scientist of Terminus, attended the opening ceremony and witnessed the official opening of Terminus International Headquarters.
At the scene, Terminus International signed strategic cooperation with Alibaba Cloud, China Mobile International, Enterprise Systems, Rise Holding, Broaden Energy International and MAH Holding, with a cooperation amount of tens of millions of dirhams.
H. Abdullah Saleh, Deputy Minister of Economy of the UAEe. abdulla al saleh）
H. Abdullah Saleh, Deputy Minister of Economy of the UAEe.Abdulla Al Salah said that in the past few years, the economic and trade relations between Argentina and China have remained strong and prosperous, and the exchanges between the two sides in the fields of investment, energy, technology and other fields have been deepened and achieved a number of results. The UAE attaches great importance to the development of the digital economy industry, and enterprises from China are important co-creation partners of the UAE. Terminus has demonstrated outstanding scientific and technological literacy and teamwork ability at the Dubai World Expo, and demonstrated the leadership of Chinese technology enterprises on the international stage. At the same time, the practical experience in smart cities and green technology is very much in line with the vision of sustainable development and digital intelligence development in the UAE. In the future, it is expected that the landing of Terminus International Headquarters can further rely on the power of science and technology to bring new impetus to the digital economy industry in the United Arab Emirates.
Terminus Founder and CEO Ai Yu.
Ai Yu, founder and CEO of Terminus, believes that the landing of Terminus International Headquarters means a comprehensive upgrade of Terminus' international business. Entrepreneurship is one of the core values of the UAE. The UAE has become the undisputed gateway to innovation in the Middle East and the Gulf region, and Terminus International Headquarters has made great strides in its international business in recent years with the expansive stage provided by the Dubai Expo. 2024 marks the 40th anniversary of the establishment of diplomatic relations between China and the UAE, and as an in-depth participant in industrial innovation in the UAE, Terminus looks forward to using the international headquarters as a platform to promote the further integration of China-UAE digital intelligence industries. We will join hands with a wider range of industry participants to contribute to the development of the digital economy industry in the Gulf region, so that the ancient civilization will be rejuvenated and create new brilliance in the era of digital intelligence.
Ai Yu (third from right), Founder and CEO of Terminus, Shi Kangping (second from right), SFO of Terminus (second from right), Shao Ling (third from left), President of Terminus International and Chief Scientist of Terminus, Wan Canghai (second from left), Vice President of Alibaba Cloud Intelligence International and General Manager of Alibaba Cloud Intelligence Middle East, Turkey and Africa Region, Pouya Parsafar, CEO of Enterprise Systems (first from left), Wang Yizhou (first from right), General Manager of China Mobile International Middle East and Africa Region, attended the opening ceremony of Terminus International Headquarters.
Digital technology is an important support for industrial transformation. As the global economy gradually recovers from the pandemic, many countries in the Middle East also attach great importance to and encourage the development of the digital economy, with a view to enhancing the resilience and sustainability of their local economies. According to a report released by UBS Group AG in September 2023, the scale of the digital economy in the Middle East will grow from US$180 billion in 2022 to US$780 billion in 2030, with an average annual compound growth rate of 20%, making it one of the fastest growing regions in the global digital economy in the next few years.
Terminus International signed cooperation agreements with Alibaba Cloud, China Mobile International, Enterprise Systems, Rise Holding, Broaden Energy International and MAH Holding, with a cooperation amount of tens of millions of dirhams.
According to the data, the GCC countries represented by the United Arab Emirates, Bahrain and Saudi Arabia have successively launched a number of supportive policies. In April 2022, the UAE released its Digital Economy Strategy, which aims to increase the contribution of the digital economy to GDP from 9 per cent in the next decade7% to 194% doubled, and the Digital Economy Council was established to promote the development of the digital economy. The Kingdom of Bahrain has promulgated the "Bahrain Economic Vision 2030" and has successively introduced policies including "cloud first", planning to build Bahrain into a regional and even world-class data center and build an extensive data ecosystem. Similarly, Saudi Arabia has set out a "National Transformation Plan" in its Vision 2030 to support digital entrepreneurship, invest in digital technologies, and develop digital education and training. The Middle East has great potential for the development of the digital economy, and accelerating the construction of the "Digital Silk Road" between China and countries in the Middle East will help further share the opportunities of the digital economy of both sides and maximize the results of joint construction.
Terminus Founder and CEO Ai Yu presented a letter to the UAE Deputy Minister of Economy, H. Abdullah Salehe.Abdulla Al Salah) introduced Terminus International's business layout in the Middle East.
Shao Ling, President of Terminus International and Chief Scientist of Terminus, said at the opening ceremony that since 2020, Terminus has gained a lot in its international business performance through a global and extensive communication platform such as the Dubai World Expo. In the past three years, combined with the transformation needs of the global energy and digital economy industries, two major business segments have been formed in the field of smart city and smart energy, and many benchmark projects have been implemented in many places around the world, and participated in a number of landmark projects that have attracted global attention, such as Dubai Expo City, Singapore's Punggol Digital Smart Park, and Zimbabwe International Airport's intelligent upgrade, and created representative products such as AIoT multi-modal large model, intelligent voice interaction, and smart gesture interaction. Terminus' AI Lab will also be located at its international headquarters, focusing on cutting-edge exploration in the field of artificial intelligence and the research and development of targeted solutions for the international market. In the future, Terminus International Headquarters will serve as the tentacle of Terminus Technology Group in overseas markets, and show the demeanor of Chinese science and technology innovation enterprises in the broader international market.
With the rapid development of China's science and technology, "Made in China" and "Globalization" have become the labels of China's business culture. From the traditional manufacturing and industry in the early days to today's technology, e-commerce and culture, Chinese enterprises have achieved fruitful results on the road to going overseas. Terminus International looks forward to further leveraging the innovation and ecological advantages of Chinese enterprises, participating more extensively in the construction of smart cities, smart energy, smart ** and other projects in the international community, driving the introduction with output, and working with enterprises in more countries and regions to achieve a win-win situation in the digital intelligence era.