Software, telecommunications and digital infrastructure
Sharjah Media City (Shams) has launched 'Bedaya', an artificial intelligence-driven platform designed to streamline business setup for foreign and domestic investors. The system matches user proposals with authorized free zone activities and suggests corporate structures. It also generates trade names and automated fee schedules in Arabic and English.
Dubai's Virtual Assets Regulatory Authority has granted Full Market Approval to Payward FZCO, the parent company entity of cryptocurrency exchange Kraken. The license authorizes Payward to provide broker-dealer, management, and investment services to retail, professional, and institutional clients. Kraken plans to launch UAE services in the coming weeks, featuring UAE dirham trading pairs and direct AED funding.
Dubai Police have arrested a group accused of deliberately posting fake negative reviews on a company's Google Maps page to harm its reputation and cause financial losses. Investigators found individuals linked to commercial establishments coordinated the false reviews following a complaint from the victim firm. The suspects have been referred to the Public Prosecution under UAE cybercrime regulations.
A UAE delegation attended the China International Industry Fair 2026 in Shanghai to expand industrial partnerships and technology exchange. Led by the Ministry of Industry and Advanced Technology, officials presented national incentives to Chinese enterprises in artificial intelligence, smart manufacturing, and supply chains.
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