The UAE participated in the 2026 IMF and World Bank Group Annual Meetings held in Bangkok, Thailand. The Central Bank of the UAE held bilateral meetings with the People's Bank of China and other central banks to discuss payment systems, innovation, and sustainable finance. In addition, the UAE signed an agreement to host the 2029 IMF and World Bank Annual Meetings in Abu Dhabi.
Chinese automaker Chery aims to have more than half of its export vehicles manufactured outside China by the end of this year, rising to 70% by 2030. The localization drive was outlined by Executive Vice President Zhang Guibing alongside planned infrastructure investments in Europe and Asia. Chery also announced plans to launch its first autonomous taxi service in the UAE next year.
The Saudi Central Bank confirmed its pilot participation in the mBridge cross-border digital currency platform ended on May 13, 2025. Between mid-2024 and late 2025, mBridge processed 4,868 transactions valued at $67 billion, with the digital yuan comprising 96% of volume.
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