Citi has expanded Citi Token Services into Japan and the United Arab Emirates, bringing its blockchain-based liquidity platform to seven global markets. The service enables corporate and institutional clients to transfer funds 24/7 without traditional cut-off times or holiday calendars. Under the expansion, the UAE supports both US dollar and euro transactions, while Japan supports US dollars.
The Asian Infrastructure Investment Bank opened its 11th Annual Meeting of the Board of Governors in Doha under the theme 'Tomorrow's Infrastructure: Impact and Innovation'. Qatari Finance Minister Ali bin Ahmed Al Kuwari and AIIB President Zou Jiayi met to discuss cross-border project funding and digital infrastructure. The multilateral bank holds $100 billion in capital and plans to commit $75 billion by 2030.
The XI International Industrial and Energy Forum in Tyumen featured participation from Chinese energy companies and the UAE's Abu Dhabi National Oil Company. ADNOC advanced supplier qualification frameworks covering 60 approved technical standards, while Chinese and Gulf entities signed commercial pacts across upstream services, LNG shipping, and decarbonization technologies.
Jingdong Property, the infrastructure and asset-management arm of JD.com, has signed an agreement with Kezad Group to develop a 150,000-square-metre warehousing complex in Abu Dhabi. Scheduled for completion in 2028, the hub is expected to create approximately 1,000 direct jobs. The project will feature automated warehousing systems and digital operations technology.
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