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United Arab Emirates

China–UAE News
Source: finance.yahoo.com

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.

Industry News
Source: Proactive Investors

Kenmare Resources Jumps 36% on Abu Dhabi Takeover Approach

Kenmare Resources shares surged 36% after confirming a non-binding cash takeover proposal from Abu Dhabi-based International Resources Holdings RSC Ltd (IRH). The London- and Dublin-listed mineral sands producer stated that discussions are ongoing, though a firm offer remains uncertain. The market move values the titanium feedstock producer at approximately £220 million.

China–UAE News
Source: The Arab Gulf States Institute in Washington

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
Source: Ahram Online

Abu Dhabi Cuts Public Service Costs Over 30% and Lifts Satisfaction via AI

Abu Dhabi reduced the cost of delivering government services by more than 30% between 2022 and 2025, while public satisfaction rose from 78% to 92%, according to the Department of Government Enablement. Speaking at the AI Everything summit, an official credited the integration of artificial intelligence and automated agents on the Tamm platform. Abu Dhabi continues to pursue its goal of operating a fully AI-native government by 2027.

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