Industry News

Dubai Chamber of Digital Economy Signs MoUs to Boost Private Sector AI Adoption

Dubai Chamber of Digital Economy signed two Memorandums of Understanding with Nebius Academy and Lovable to accelerate Agentic AI adoption across Dubai's private sector. The partnerships support an initiative overseen by Dubai Chambers to equip 14,000 member companies with operational and administrative AI skills. Programmes include leadership coursework, professional certifications, software access, and funded platform credits for developers.

Industry News

Emirates NBD Deploys OpenAI Models on UAE In-Country Infrastructure

Emirates NBD has partnered with OpenAI to run GPT models on UAE-based infrastructure, becoming the first bank in the MENA region to adopt this approach. The arrangement allows the lender to deploy frontier AI while adhering to strict domestic data residency and compliance regulations. The models will be utilized across customer service, risk analytics, workflow automation, and staff productivity.

Industry News

Rubio Claims Iran Exports No Oil via Hormuz Amid Ongoing Gulf Shipping Tensions

US Secretary of State Marco Rubio claimed that Iran is currently exporting no crude oil through the Strait of Hormuz amid strict US naval containment and sanctions. In response, Iranian Foreign Minister Abbas Araghchi blamed the US and Israel for maritime instability and called for diplomatic solutions. Regional disruptions have also prompted Saudi Arabia to postpone its Future Investment Initiative conference in Riyadh.

China–UAE News

China Expands Digital Network Influence Across Middle East and African Trade Corridors

An analysis published by the Middle East Institute highlights a strategic evolution in China's engagement across the Middle East and Africa. While traditional evaluations focus on physical assets like ports and pipelines, Chinese firms are increasingly establishing influence through operational and digital systems. The analysis notes that true leverage stems from participating in the governance of data, goods, and financial networks rather than outright infrastructure ownership.