Middle East

China–UAE News

Ant International and HSBC Expand Tokenised Treasury Management to Middle East

Ant International and HSBC have expanded their collaboration to provide real-time treasury management services across the Middle East using HSBC's Tokenised Deposit Service. The companies completed pilot transactions connecting the UAE and Hong Kong for domestic dirham and cross-border US dollar transfers. Ant International is HSBC's first corporate client in the Middle East to utilise the tokenised deposit infrastructure.

China–UAE News

China’s Technology Strategy Expands Across Gulf Industrial and Digital Sectors

China is increasingly integrating its new quality productive forces framework into Gulf diversification programs, spanning renewable energy, AI, and digital networks. Gulf sovereign wealth funds and technology firms are adjusting their investment strategies amid mounting U.S.-China technological competition and regional risks. Meanwhile, Chinese firms are expanding industrial footprints in Saudi Arabia, the UAE, and Oman.

Industry News

Second Edition of Ai Everything Summit Opens in Abu Dhabi

The second edition of the Ai Everything summit opened at the ADNEC Centre in Abu Dhabi on October 6, 2026. The two-day event gathers over 400 technology companies, 150 startups, and 200 global investors to address real-world artificial intelligence deployment. The summit supports Abu Dhabi's strategic initiative to transition into an AI-native government by 2027.

Industry News

UAE AI Commercialisation Hinges on Adoption and Operational Change, Presight CEO Says

At the Presight Future Forum in Abu Dhabi, Chief Executive Thomas Pramotedham stated that turning AI ideas into revenue and navigating corporate change remain the sector's primary challenges. The Abu Dhabi-based firm unveiled its FutureSight platform to connect international founders with enterprise customers, government entities, and capital providers. Industry data cited shows that while 89% of firms use AI, only 6% report significant financial returns.