Software, telecommunications and digital infrastructure
China's market regulator has granted unconditional antitrust approval for Saudi Arabia's Savvy Games Group to acquire Shanghai-based video game studio Moonton from ByteDance. The transaction, agreed in March 2026 for over $6 billion, transfers ownership of Mobile Legends: Bang Bang to the PIF subsidiary.
The DIFC Innovation Hub has partnered with the Arab Federation for Digital Economy (China) Limited to establish a China–Arab technology and knowledge bridge. The initiative focuses on scaling artificial intelligence, next-generation financial technologies, and commercial digital infrastructure. Additionally, a joint report with Asia House projected global tech spending to reach $5.6 trillion in 2026.
Oman's Sultan Haitham bin Tarik concluded a state visit to Beijing, signing 23 bilateral agreements worth several billion dollars with China across technology, energy, and infrastructure. Key accords include deploying Huawei Ascend AI processors into Oman's national cloud, a $4.7 billion bilateral currency swap, and a joint satellite initiative. The agreements also highlight expanding Chinese investment into Oman's Duqm Special Economic Zone and industrial mining operations.
The Abu Dhabi Government has partnered with OpenAI to launch the Machine-Readable Government initiative, converting official regulations into AI-readable formats to accelerate regulatory assessments. The system aims to cut routine permit and certificate evaluations from days to minutes while maintaining human oversight. The initiative forms part of Abu Dhabi's Dh13 billion Government Digital Strategy for 2025–2027.
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