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China–UAE News

Follow the trade, investment and partnerships bringing China and the UAE closer together.

China–UAE News
Source: South China Morning Post

Saudi Arabia mBridge Exit Highlights Realities of Cross-Border Payment Diversification

Saudi Arabia's central bank ended its participation in the mBridge multi-CBDC platform after finishing a proof of concept in May 2025, according to an analysis published by the South China Morning Post citing the Financial Times. The project continues with participants including mainland China, Hong Kong, Thailand, and the UAE, alongside the recent activation of the Monetary Authority of Macao. The author argues that payment diversification reflects practical settlement efficiency rather than an outright abandonment of the US dollar.

China–UAE News
Source: konsulteer.com

Mercedes-Backed Momenta Targets Dubai and European Expansion for Robotaxis

Chinese autonomous driving company Momenta Global plans to expand its robotaxi fleet to several thousand vehicles next year, targeting deployments in Dubai and additional European cities. The company is currently testing autonomous vehicles in Abu Dhabi, Munich, and five cities in China. Momenta is also collaborating with chipmaker XHeart on custom computing hardware to lower deployment costs.

China–UAE News
Source: Arabian Business

Momenta Plans Dubai Robotaxi Deployment in 2027 Amid Global Fleet Expansion

Chinese autonomous-driving company Momenta is preparing to introduce robotaxis in Dubai in 2027 as part of an international rollout. The Mercedes-Benz-backed firm aims to expand its operating fleet from just over 100 vehicles to several thousand by the end of 2027. Momenta is already conducting autonomous vehicle testing in Abu Dhabi, Munich, and five Chinese cities.

China–UAE News
Source: Gasgoo

Robbyant and Arab Federation for Digital Economy Sign Middle East AI Robotics MoU

Shanghai Robbyant Technology has signed a framework cooperation memorandum with the Arab Federation for Digital Economy at the Global Digital Trade Expo in Hangzhou. The agreement establishes a mechanism to advance full-stack embodied artificial intelligence and robotics deployment across the UAE, GCC, and Middle East. Planned commercial applications span logistics, hospitality, retail, real estate, healthcare, and smart cities.

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