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Industry News

Explore the industries creating new opportunities for cooperation across both markets.

Each industry contains news, briefs, research and interviews.

Policy & Legal Updates
Source: The News Pakistan

US Treasury Highlights Iran Economic Isolation as UAE Restricts Banking and Aviation

US Treasury Secretary Scott Bessent stated that international pressure has deepened Iran's economic isolation, citing UAE flight suspensions and regional bank restrictions. The Central Bank of the UAE has barred local branches of Bank Melli Iran from conducting trade finance and fund transfers with Iran over compliance violations. Neighboring nations including Türkiye and Oman have also curtailed Iranian banking and aviation access following US diplomatic engagement.

Policy & Legal Updates
Source: khaleejtimes.com

UAE Emerges as Bridge Connecting Digital Assets and Traditional Finance

According to Khaleej Times, the United Arab Emirates is establishing itself as a bridge between the digital asset sector and traditional finance. The report highlights the nation's increasing prominence at the intersection of conventional banking and digital asset ecosystems. Detailed coverage appeared in the publication's Business & Technology Review.

Industry News
Source: UA.NEWS

UAE Retains Ultra-Wealthy Inflows Undeterred by Regional Geopolitical Risks, Bankers Report

The United Arab Emirates continues to attract migrating ultra-wealthy individuals, family offices, and institutional capital despite regional geopolitical tensions, according to private banking executives cited by The National and UA.NEWS. Wealth managers attribute this sustained inflow to structural advantages including zero personal income tax, long-term residency visas, and dedicated family office frameworks in DIFC and ADGM. Major international banks including HSBC, JPMorgan Chase, Barclays, and DBS Bank are expanding their wealth management teams across the country to accommodate rising demand.

China–UAE News
Source: IntelliNews

UAE’s XRG Considers Buying Stake in LNG Canada from PetroChina

Abu Dhabi's state-owned XRG is exploring the acquisition of an equity stake in the Shell-led LNG Canada project in British Columbia. The company has held talks with existing partners, including PetroChina, to purchase a portion of their holdings. LNG Canada has an annual capacity of 14 million metric tons and primarily supplies Asian markets, including China.

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