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Policy & Legal Updates
Source: Gulf News

UAE Fintech Market Projected to Exceed 5 Billion Dollars by 2029

The UAE fintech market is forecast to grow from roughly $3 billion in 2024 to more than $5 billion by 2029, with over 320 fintech companies active nationwide. Central Bank data shows the country has climbed to fourth globally on the Global FinTech Centre Index, with over 75 firms licensed or approved across six categories.

Industry News
Source: IPE Real Assets

ESR Launches $10 Billion Logistics and Digital Infrastructure Pipeline in Middle East

Asia-Pacific real assets manager ESR has announced an expansion into the Middle East, targeting a $10 billion development pipeline in logistics and digital infrastructure. The initiative initially targets the United Arab Emirates and Saudi Arabia to develop scalable warehouses and data centres. ESR is currently negotiating with regional strategic partners and securing land positions.

China–UAE News
Source: GulfToday

Sheikh Maktoum Reviews Dubai Financial Indicators as FinTech Takes Global Top Spot

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum chaired a meeting of Dubai's Higher Committee for the Development of the Economic and Financial Sector to review key economic metrics. Dubai secured first place globally in FinTech in the September 2026 Global Financial Centres Index, while Dubai Financial Market capitalisation reached Dhs993.1 billion by the end of Q3 2026. Physical gold trading across the UAE reached 2,750 tonnes, highlighting Dubai's role as a trading conduit connecting global supply with demand markets including China.

Industry News
Source: Gulf News

Abu Dhabi Partners With The Boring Company to Explore Underground Infrastructure

Abu Dhabi Projects and Infrastructure Centre has signed an agreement with Elon Musk's The Boring Company to evaluate underground transport and utility tunnel solutions across the emirate. The partnership was finalised during the Liveability and Investment Exhibition in Abu Dhabi. The initiative will examine feasibility, delivery models, and local capability development in advanced tunnelling technologies.

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