LZ Technology Enters Joint Venture Talks with MBH Investments for UAE Expansion

LZ Technology Holdings Limited, a Chinese IT and advertising company, has entered into a non-binding MOU with MBH Investments to evaluate a potential joint venture in the UAE. The joint venture aims to integrate LZ Technology's smart access-control systems, digital out-of-home media platform, and local life services within a unified platform for residential and commercial properties. The parties plan to prioritize localization, privacy-by-design, and compliance in any prospective UAE rollout, with initial evaluation underscoring the scale and strategic importance of the Dubai market.