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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.

China–UAE News
Source: - Disrupt Africa

Kenya Neobank Cloud9 Secures Alliance Investment, Reaching $1M in Total Funding

Kenyan digital bank Cloud9 has secured an undisclosed investment from crypto accelerator Alliance, bringing total funding to $1 million, Disrupt Africa reported. The platform operates on stablecoin rails to facilitate cross-border settlement for African merchants importing goods from hubs including China and Dubai. Cloud9 plans to use the capital to expand trade payment corridors, roll out physical and virtual cards, and grow its user base.

Middle East Travel Alerts
Source: Daryo

Egypt to Introduce Stricter Visa and Entry Requirements for Uzbekistan Citizens

Egypt will implement new entry and visa regulations for Uzbek nationals starting November 1, 2026, according to the Embassy of Uzbekistan in Cairo. The revised rules mandate advance visas from diplomatic missions, authorized tour bookings, minimum cash holdings, and age-based travel restrictions. Uzbek travelers under 40 will only be allowed entry if accompanied by immediate family.

Industry News
Source: Business Upturn

Dubai and Abu Dhabi Equity Indices Post Modest Gains at Friday Close

UAE equity markets closed marginally higher on Friday, 9 October 2026, with both Dubai and Abu Dhabi benchmarks recording slim advances in a subdued session. Dubai's DFM General Index gained 0.36% to settle at 5,819.96, while Abu Dhabi's FTSE ADX General Index inched up 0.08% to finish at 9,808.52. The modest gains completed a positive weekly finish for the UAE's two main stock exchanges.

Industry News
Source: Securities Finance Times

ADX Group Appoints Alex Krunic as Chief Capital Markets Officer

Abu Dhabi Securities Exchange Group has appointed Alex Krunic as chief capital markets officer. Krunic will support the exchange's market development agenda, product offerings, and institutional engagement. He brings over 25 years of capital markets experience, having most recently served as CEO of Kuwait Clearing Company.

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