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United Arab Emirates

Industry News
Source: Moneycontrol.com

China’s Gwadar Port in Pakistan Faces Stagnation as Shipping Bypasses Trade Hub

China's flagship port project at Gwadar in Pakistan is facing severe operational and commercial hurdles under the China-Pakistan Economic Corridor. Major international shipping lines continue to bypass the deep-sea port in favor of established regional hubs like Dubai and Salalah due to insufficient cargo volume. Mounting security concerns, extreme terrain along transport links, and local infrastructure deficits have further restricted commercial activity.

China–UAE News
Source: UrduPoint

Twenty National Experts to Mentor UAE Youth Ambassadors in China and Japan

Twenty alumni and fellows from the UAE's National Experts Program will mentor young Emiratis participating in the UAE Youth Ambassadors Program in China and Japan. The ten-month initiative aims to transfer leadership expertise and develop cross-cultural projects supporting national priorities. The mentors represent specialized sectors including energy, technology, logistics, health, and public policy.

Policy & Legal Updates
Source: Zawya

UAE Launches Guiding Principles for AI System Adoption by Law Firms

The UAE Minister of Justice has officially launched the Guiding Principles for the Use of Artificial Intelligence Systems by Law Firms at the 15th UN Crime Congress in Abu Dhabi. The initiative outlines ten core principles requiring strict human oversight, confidentiality, and non-delegable professional accountability. The framework is designed to provide a practical reference for legal practices adopting advanced technologies across the country.

Policy & Legal Updates
Source: The National Law Review

FinCEN Proposes Rule Revoking Banque Misr UAE Correspondent Banking Access

The U.S. Financial Crimes Enforcement Network has issued a proposed rule to designate Banque Misr UAE as a primary money laundering concern under Section 311 of the USA PATRIOT Act. The proposal seeks to sever the bank's U.S. correspondent banking access in connection with Treasury's Operation Economic Outcast targeting Iranian illicit finance networks. Public comments on the proposed rulemaking remain open until October 1, 2026.

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