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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: UrduPoint

Dubai Family Business Management Programme Graduates 27 Second-Tier Leaders

Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum attended the graduation of the third cohort of the Dubai Family Business Management Programme. The cohort comprised 27 second-tier leaders from family-owned enterprises across Dubai. The initiative was organised by the Dubai Centre for Family Businesses under Dubai Chambers in collaboration with the Mohammed bin Rashid Center for Leadership Development.

Industry News
Source: Big News Network.com

Russian Fintech A7 Launches Crypto-to-Bank Cross-Border Settlement Service Supporting Yuan and Dirhams

Russian financial technology company A7 has unveiled A7 International, a cross-border payment service enabling payers to settle invoices using USDT while recipients receive traditional SWIFT bank transfers. The service supports payouts in Chinese yuan, UAE dirhams, US dollars, and euros, with a 0.3% commission fee. Transactions are available in jurisdictions where digital currency transactions are legal.

Policy & Legal Updates
Source: Global Competition Review

UAE Champions AI-Driven Model for Competition Law Enforcement

The UAE Ministry of Economy and Tourism has championed an artificial intelligence enforcement model to modernize national antitrust regulation and merger control, Global Competition Review reported. Presented during the GCR Live: MENA 2026 conference in Dubai, the system forms part of the country's AI-enabled National Competition Platform. The platform is designed to automate antitrust assessments and significantly shorten merger clearance timelines.

Industry News
Source: Billionaires.Africa

China’s Sinohydro and Elsewedy Win $2.2 Billion Saudi Gas Power Plant Contract

A joint venture between China's Sinohydro and Egypt's Elsewedy Electric has secured a $2.2 billion EPC contract for a 2.3-gigawatt gas-fired power plant in Saudi Arabia. The Rabigh 2 IPP expansion facility is backed by ACWA Power and Saudi Energy, with commercial operations planned for May 2029. Financing includes $2.58 billion in long-term debt backed by 14 lenders, including the Industrial and Commercial Bank of China.

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