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Industry News
Source: Big News Network.com

Russian Fintech A7 Launches Crypto-to-Bank Cross-Border Settlement Service Supporting Yuan and Dirhams

Russian financial technology company A7 has unveiled A7 International, a cross-border payment service enabling payers to settle invoices using USDT while recipients receive traditional SWIFT bank transfers. The service supports payouts in Chinese yuan, UAE dirhams, US dollars, and euros, with a 0.3% commission fee. Transactions are available in jurisdictions where digital currency transactions are legal.

Policy & Legal Updates
Source: Global Competition Review

UAE Champions AI-Driven Model for Competition Law Enforcement

The UAE Ministry of Economy and Tourism has championed an artificial intelligence enforcement model to modernize national antitrust regulation and merger control, Global Competition Review reported. Presented during the GCR Live: MENA 2026 conference in Dubai, the system forms part of the country's AI-enabled National Competition Platform. The platform is designed to automate antitrust assessments and significantly shorten merger clearance timelines.

China–UAE News
Source: Emirates News Agency

UAE and China Hold High-Level Talks to Strengthen Strategic and Economic Cooperation

UAE Presidential Special Envoy Khaldoon Khalifa Al Mubarak met Chinese Foreign Minister Wang Yi in Beijing on October 13, 2026. The officials reviewed bilateral economic ties and agreed to expand cooperation in trade, investment, industrial development, and advanced technologies. The meeting was also attended by UAE Ambassador to China Hussain bin Ibrahim Al Hammadi alongside senior officials.

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