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United Arab Emirates

Industry News
Source: Fast Company Middle East

UAE Ranks Sixth Globally for AI Readiness as Security Learning Surges 243%

The UAE has ranked sixth globally and first across MENA in Coursera's Global Skills Report 2026 AI-Human Skills Synergy Index, ahead of the US, Singapore, and China. Total AI course enrollments in the country expanded by 75% year-over-year, led by a 243% surge in AI security learning. Concurrently, employer demand for AI skills rose to 3.2% of job postings in 2025, supported by nationwide training initiatives.

China–UAE News
Source: Trafigura

Trafigura Secures USD 4.4 Billion Facilities Backed by Chinese and UAE Lenders

Trafigura Group has closed an upsized USD 4.4 billion syndicated revolving credit and term loan facility with 40 financial institutions. The package features heavy participation from Chinese and Middle Eastern lenders, including Abu Dhabi Commercial Bank, and includes a USD 1.6 billion-equivalent offshore renminbi tranche. Funds will refinance existing debt maturing in 2023 and 2025 and support general corporate operations.

Industry News
Source: Yahoo Finance

Temasek to Open First Middle East Offices in Abu Dhabi and Riyadh

Singapore state investor Temasek Holdings announced plans to establish its first Middle East offices in Abu Dhabi and Riyadh in the first half of 2027, subject to regulatory approvals. The strategic hubs are designed to deepen regional partnerships and accommodate co-located portfolio companies targeting the Gulf, Central Asia, and Africa. As of March 31, 2026, Temasek managed a net portfolio valued at S$518 billion ($405.5 billion).

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