Skip to content

Connecting business. Building understanding. Advancing peace.

United Arab Emirates

Policy & Legal Updates
Source: Iran International

Investigation Details Parsian Exchange Moving Millions in UAE Dirhams and Yuan

An investigation by Iran International based on leaked documents reveals that US-sanctioned Bank Parsian used its foreign-exchange arm, Parsian Exchange, to move funds abroad via intermediaries between November 2022 and May 2023. Leaked instruction letters directed roughly $36 million in UAE dirhams, Chinese yuan, and US dollars to overseas bank accounts designated by Iranian importers. The transactions utilized Iranian export proceeds held overseas to obscure ties to sanctioned Iranian institutions.

Industry News
Source: Ahram Online

Abu Dhabi Cuts Government Service Costs Over 30% Through AI Integration

Abu Dhabi reduced the operational costs of delivering government services by over 30% between 2022 and 2025 while raising satisfaction from 78% to 92%, according to the Department of Government Enablement. Officials credited the Tamm platform and autonomous AI agents for driving the administrative efficiency gains. The emirate reiterated its commitment to becoming a fully AI-native government by 2027.

Industry News
Source: ORF Middle East

ORF Middle East Assesses Gulf AI Data Centre Supply and Energy Constraints

An ORF Middle East study highlights critical supply chain, cooling, and power challenges facing Gulf artificial intelligence data centres. The analysis notes that China controls 60 to 70 percent of semiconductor rare earth element mining and 90 percent of processing capacity. It also reports that clean energy comprised 32.4 percent of the UAE's installed power capacity as of September 2026.

China–UAE News
Source: www.thenationalnews.com

Mubadala to Maintain $39bn Annual Capital Deployment With Asia and China Focus

Abu Dhabi sovereign wealth fund Mubadala Investment Company plans to deploy approximately $39 billion annually across market cycles, with an increasing focus on Asia. Speaking at the Milken Institute Asia Summit in Singapore, Chief Financial Officer Carlos Obeid named China, South Korea, India, and Japan as primary markets for expanded capital allocation. Over the past three years, Asia's share of Mubadala's portfolio has grown from 10 per cent to approximately 13 per cent.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy