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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.

China–UAE News
Source: DD India

Mistral Unveils AI Model in Abu Dhabi Benchmarking Against Chinese Competitors

French artificial intelligence startup Mistral unveiled its new model, Mistral Large 4, at an event in Abu Dhabi on October 6, 2026. Mistral CEO Arthur Mensch stated the open-weight system surpasses Chinese competitors in specific areas, including cybersecurity. The announcement follows Mistral's move in August 2026 to offer Beijing-based Z.ai's GLM 5.3 model to its customers.

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.

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