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China–UAE News
Source: ForkLog

ForkLog Details Expanding China-UAE Trade Settlements via mBridge and Digital Yuan Rails

A report by ForkLog details how central bank digital currencies and digital rails are transforming cross-border trade settlements between China and the UAE. According to cited Atlantic Council data, the multilateral mBridge platform has processed over 4,000 transactions totaling $55.5 billion, with roughly 95% settled in e-CNY. Furthermore, CNPC and Bank of China established a Macau-UAE settlement corridor, and China's CBETS cross-border system connected participants across the UAE and Qatar.

China–UAE News
Source: Emirates 24|7

Dubai Chambers Leads Largest Trade Delegation to China for Shenzhen Business Forum

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced that Dubai Chambers is leading Dubai's largest economic delegation to China to attend the Dubai Business Forum – China in Shenzhen on October 14. Bilateral non-oil trade between Dubai and China reached AED 363.5 billion by 2025, marking a 172-fold increase over 35 years. China currently stands as Dubai's largest trading partner globally.

Policy & Legal Updates
Source: Analytics Insight

Dubai Regulator Grants Full Virtual Asset Licence to Kraken Parent Payward

Payward, the parent company of cryptocurrency exchange Kraken, has secured full regulatory approval from Dubai's Virtual Assets Regulatory Authority. The licence permits the platform to prepare services for retail, professional, and institutional investors in the UAE, including direct dirham trading and deposits. Payward expects to roll out local operations in the coming weeks following preliminary approval received in May.

Policy & Legal Updates
Source: ABS Partners

UAE Commercial Companies Law Enables Internal Corporate Re-Domiciliation

ABS Partners analyzed Article 15 bis of the UAE Commercial Companies Law, amended under Federal Decree Law No. 20 of 2025, which establishes a framework for internal corporate re-domiciliation. Companies can transfer between Emirates, Free Zones, and Mainland jurisdictions without losing their legal identity. The statutory procedure prevents the need for company liquidation and maintains existing contracts and banking continuity.

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