The Saudi Central Bank has concluded its formal participation in Project mBridge following the completion of its proof-of-concept phase. The multilateral central bank digital currency project remains co-anchored by the People's Bank of China, the Central Bank of the UAE, and the BIS Innovation Hub.
A Flydubai flight en route from Dubai to Tel Aviv made an emergency landing at Tabuk Airport in Saudi Arabia on September 30, 2026, following a violent altercation in the cockpit. Flight-tracking data indicated the aircraft descended steeply from 34,000 feet and broadcast emergency squawk codes before diverting. Flydubai confirmed all passengers were safe, while airport authorities reported both pilots were hospitalized with injuries.
Chinese-linked automaker Rox has launched vehicle assembly at Khalifa Economic Zones Abu Dhabi, rolling out the first three Rox Adamas models bearing the Made in the Emirates mark. The 10,000-square-metre facility aims to reach an annual capacity of 20,000 units by 2027 and expand to 300,000 units by 2030. The project is part of Abu Dhabi's initiative to develop a domestic automotive manufacturing and export ecosystem.
Ship-to-ship crude oil transfers in the Gulf of Oman have reached full capacity following the rerouting of Saudi crude through the Strait of Hormuz. Tanker charter rates for Middle East-China routes surged to a record $1.27 million daily, driven by the need for dozens of additional supertankers.
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