LZ Technology announces non-binding MOU with MBH Investments

LZ Technology (LZMH) announced it has entered into a non-binding memorandum of understanding, MOU, with MBH Investments, MBH, to evaluate a potential joint venture in the United Arab Emirates. Subject to results in the UAE, the parties may assess broader Middle East opportunities. As part of the MOU, with the help of MBH, the parties will launch a structured pilot initiative, led by MBH’s designated local operating company, to validate product-market fit, ensure regulatory compliance, and fine-tune system integration in real-world property settings. The initial pilot cohort is expected to include a number of representative communities across residential, mixed-use and office settings in Dubai, with property-manager participation and measured resident onboarding. “We’re moving forward with a structured pilot program with MBH to localize and validate our smart-community platform for the UAE,” said Theo Zhang, CEO of LZ Technology. “With MBH’s relationships and operating experience-and Dubai’s scale and innovation infrastructure-we see a clear path from pilot validation to large scale deployment across residential and mixed-use assets.”