Software, telecommunications and digital infrastructure
Shipping risks in the Middle East and rising demand for artificial intelligence infrastructure are reshaping trade finance corridors between the Gulf and China. Bankers report credit facility expansions to cover longer transit times, while IMF leadership warns of persistently elevated energy prices.
Sharjah Department of Government Relations Chairman Sheikh Fahim Al Qasimi met with Chinese Consul General Qu Boqian to discuss expanding bilateral cooperation. The meeting covered artificial intelligence, data centres, automotive manufacturing, healthcare, and research and development.
The Central Bank of the UAE has launched a Financial Health Innovation Hackathon to discover practical solutions that help individuals and businesses manage their finances. Organised in partnership with international and local bodies, applications are open to both UAE-based and international organisations until November 30, 2026. Successful applicants will proceed to evaluation and pilot testing phases running through 2027.
UAE Minister of State for Artificial Intelligence Omar Al Olama cited Kazakhstan's Astana AI Film Festival as an example of how artificial intelligence is transforming content production during his address at the AI Everything global summit in Abu Dhabi. Al Olama stated that AI has sharply lowered barriers to entry in entertainment, enabling single individuals to handle tasks previously requiring large teams and multimillion-dollar budgets. The minister also noted that the rapid adoption of AI creative tools will require governments to reassess copyright and regulatory frameworks.
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