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 Communist Party of China Central Committee and the State Council have jointly issued guidelines on developing new quality productive forces. The policy document outlines 19 key measures across five areas of innovation, defining the initiative as an intrinsic requirement for high-quality development. The directive emphasizes innovation-driven growth, local adaptability, and balancing self-reliance with opening up.
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.
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