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China–UAE News
Source: Asia Times

US and China Compete for AI and Cloud Infrastructure Across the Gulf

Chinese technology investments in the Gulf Arab states are increasingly intersecting with American technology footprints, particularly across the UAE and Saudi Arabia. While China supplies cloud services, 5G networks, and smart-city systems, the US provides advanced graphics processing units and leading foundation models. Both regional governments are simultaneously pursuing sovereign computing capabilities while balancing partnerships across both ecosystems.

Policy & Legal Updates
Source: www.tokenpost.com

3iQ Receives In-Principle ADGM Approval for Digital Asset Business in UAE

Digital asset manager 3iQ announced that its subsidiary 3iQ Middle East Ltd has secured in-principle approval for a Category 4 license from the Financial Services Regulatory Authority of Abu Dhabi Global Market. The regulatory milestone follows a partnership with UAE-based Further to connect institutional investors via 3iQ's Managed Account Platform. Final operational permissions remain subject to meeting additional regulatory conditions set by ADGM.

Industry News
Source: Gulf News

Gold Gains as Oil Declines and China Steps Up Central Bank Buying

Gold prices moved higher as declining crude oil prices eased inflation worries and spurred hopes of a pause in US Federal Reserve interest rate hikes. In the UAE, retail gold prices held firm with 24-karat trading at Dh505.50, while China's central bank accelerated gold purchases alongside inflows into gold-backed ETFs.

Industry News
Source: وردنا

UAE and Singapore Lead Global Generative AI Adoption in 2026, Report Shows

A report from Microsoft's Institute for AI Economy shows that the UAE leads global generative AI adoption with a 73.3% usage rate among its working-age population in Q2 2026. Singapore ranked second at 64.3%, while the worldwide average stood at 18.8%. The rankings measure adoption among working-age adults rather than investment volume or company counts.

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