"Abu Dhabi International Academy" and"PGIM" Leave a center "Reel Aseet X" For innovation

Abu Dhabi, July 17/ WAM/ The global company “PGIM” for the “PRUDENTIAL Financial Inc”, today, announced a strategic partnership with the “Abu Dhabi International Academy ADGM”, with the aim of launching the “Relaxetx” Abu Dhabi Innovation, which is a laboratory dedicated to advancing sustainable technology, intelligence Artificial, deep technology on everything related to real assets in real estate projects, smart infrastructure systems, and technically developed materials.
The center is scheduled to open its doors next September at the offices of the Abu Dhabi International Academy, as it will bring together a group of international experts to address urgent challenges and seize opportunities in the real estate sector, infrastructure, smart cities and the related sectors.
This announcement comes in the wake of the strategic partnership concluded between PGIM and the Abu Dhabi Investment Office, which was announced in December last year, with the aim of supporting the establishment of the center.
The Relaassetx Abu Dhabi Innovation Center will focus on three main axes that include the use of climate -related techniques through the development of modern technologies that support carbon removal efforts and enhance environmental flexibility, use artificial intelligence in decision -making mechanisms with the aim of improving asset management, formulating investment strategies through advanced analyzes, and adopting innovative applications by exploring blockchain technology in the real estate sector, and structure systems Smart infrastructure and advanced materials.
PGIM and the International Abu Dhabi Academy will supervise the joint supervision of the center’s strategies and operations, which in turn will provide a wide range of services that include research, innovation laboratories, hackathon activities, and presentations, as well as programs to embrace and accelerate business.
Alessandro Burgonia, advisor to the development of economic sectors at the Abu Dhabi Investment Office, said, with this manneys, that Abu Dhabi is moving forward towards the leadership of the future of innovation by integrating artificial intelligence technologies, concepts of sustainability and digital transformation in various global industries.
He added that the center embodies the permanent commitment to support the financial services sector, and contribute to the consolidation of Abu Dhabi’s position as a leading center for the launch of advanced technology solutions that provide a large -scale added value, expressing the aspiration through partnership with the Abu Dhabi International Academy and PGIM to the vision of the positive impact that the center will cause in the real assets sector regionally and globally.
For his part, Mansour Jaafar, CEO of the International Abu Dhabi International Academy and its research center, stressed that the Academy devotes its efforts to enabling the new generation of innovators by providing them with the tools, talents and techniques necessary to turn their ideas into effective and influential solutions.
He added that the academy is committed to building a vital system concerned with the auspices of emerging projects and accelerating the development of leading technologies within the real assets sector, and through this partnership the center will work to advance innovation, enhance sustainable development, and contribute to the consolidation of Abu Dhabi’s position as a pioneering global center for deep technologies and smart infrastructure.
For his part, Mohamed Abdel -Malik, head of PGIM in the Middle East, said that the Relassetx Center Abu Dhabi is a qualitative shift towards drawing the features of the future of real origins through innovation.
He added that by combining the global investment experiences of PGIM and the commitment of the Abu Dhabi International Academy to developing talent and developing technologies, we offer a platform that promotes sustainable growth wheel, reveals new capabilities, and contributes to consolidating the region’s position in the forefront of the transformation based on deep technologies and artificial intelligence.

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