Software, telecommunications and digital infrastructure
Huawei has introduced next-generation wireless network hardware at its Huawei Decoding China event in Shanghai, spotlighting the commercial deployment of its VitaAAU U6 GHz device across the UAE. In active commercial operation within the UAE, the equipment achieved peak downlink speeds exceeding 10 Gbps. The company also detailed additional network architecture and baseband solutions.
The UAE Ministry of Finance has revised administrative penalties for the mandatory electronic invoicing system, capping implementation violation fines at Dh50,000 over 12 consecutive months. Authorities eliminated a Dh1,000 daily penalty for failure to report system issues and introduced measures against multiple penalties for the same infraction. Large enterprises generating Dh50 million or more faced an October 30, 2026 deadline to appoint an Accredited Service Provider ahead of full implementation in 2027.
Ras Al Khaimah concluded a friendship pact with China's Fujian Province and signed 10 commercial MoUs covering robotics, smart transit, and logistics. Additionally, RAK established its first physical Chinese business platform, RAK International Guangzhou LLC, in Tianhe CBD.
Binance has pledged to cover all user losses after a security breach drained approximately US$6.3 billion from its wallets. The platform suspended all deposits and withdrawals while conducting security checks and liaising with law enforcement. At this scale, the incident marks the largest recorded digital asset theft in history.
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