A UAE delegation led by the Ministry of Industry and Advanced Technology is attending the China International Industry Fair 2026 in Shanghai. The visit focuses on exploring investment partnerships in advanced technology, smart manufacturing, and automation. Participating entities include major UAE industrial, investment, and development organizations.
Members of the UAE Federal National Council took part in the 2026 Legislators Forum for Friendly Exchanges in Tianjin, China. UAE representative Sumaya Abdullah Al Suwaidi highlighted legislative frameworks for industrial and educational partnerships and showcased the Operation 300bn strategy. Discussions centered on advanced technologies, the Fourth Industrial Revolution, and industry-academia cooperation.
Sharjah Media City (Shams) has launched 'Bedaya', an artificial intelligence-driven platform designed to streamline business setup for foreign and domestic investors. The system matches user proposals with authorized free zone activities and suggests corporate structures. It also generates trade names and automated fee schedules in Arabic and English.
Dubai's Virtual Assets Regulatory Authority has granted Full Market Approval to Payward FZCO, the parent company entity of cryptocurrency exchange Kraken. The license authorizes Payward to provide broker-dealer, management, and investment services to retail, professional, and institutional clients. Kraken plans to launch UAE services in the coming weeks, featuring UAE dirham trading pairs and direct AED funding.
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