The UAE Consul General in Guangzhou, Mariam Alshamsi, met with representatives from Guangzhou Industrial Investment Holding Group and Yingke Law Firm. The meeting focused on understanding the Chinese firms' internationalization strategies and identifying avenues to deepen cooperation. Both sides also discussed opportunities to expand commercial presence and operations within the UAE.
Binance customers have withdrawn a net $4.72 billion following a record $6.3 billion cyberattack, representing approximately 3 percent of assets held on the platform. The cryptocurrency exchange reported that withdrawals are stabilising and recorded $2.7 billion in deposits since operations resumed on Sunday. Co-CEO Richard Teng stated at Hong Kong Fintech Week that the firm remains in a strong financial position and has replenished 95 percent of affected assets.
A Yangwang U9 Xtreme electric hypercar was destroyed in a high-speed crash on a closed test track in China, with the driver emerging uninjured as the carbon passenger cell remained intact. The crash occurred ahead of a planned attempt to surpass 500 km/h in the United Arab Emirates in November 2026. BYD has not disclosed crash speed or telemetry and has not withdrawn the scheduled UAE run.
UAE Consul General in Guangzhou Mariam Alshamsi attended China's National Annual Event for 2026 World Environment Day on June 5. The event was co-organized by China's Ministry of Ecology and Environment, the Central Civilization Office, and the governments of Guangdong, Hong Kong, and Macao. Discussions emphasized advancing green development and ecological partnerships aligned with UAE sustainability priorities.
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