News
Policy updates, China–UAE developments, industry news and official Middle East travel alerts.
The board of UAE-based Shree Global FZE has approved the incorporation of a wholly owned subsidiary in China named Shree International Trading (Shanghai) Limited. The new entity will hold an authorised capital of RMB 5 million to support import, export, and trading of industrial equipment. India's Shree Cement Limited will maintain 100% indirect equity ownership through its UAE holding.
UAE Presidential Special Envoy Khaldoon Khalifa Al Mubarak held talks with Chinese Foreign Minister Wang Yi in Beijing to deepen bilateral ties. The meeting reviewed cooperation under the UAE-China Comprehensive Strategic Partnership established in 2018. Both sides focused on broadening collaboration in key sectors including investment, energy, trade, and advanced technology.
Executives from Microsoft UAE and G42's Inception outlined enterprise applications of agentic AI during Sharjah Investment Forum 2026. The discussion revealed an unnamed Abu Dhabi sovereign wealth fund is using AI agents to counter-argue investment proposals before human review. Speakers highlighted human-led, agent-operated frameworks across investment screening and procurement operations.
Standard Chartered has rolled out cryptocurrency trading for eligible affluent clients in the United Arab Emirates, allowing them to trade Bitcoin and Ether directly through existing bank accounts. The service is regulated by Dubai's Virtual Assets Regulatory Authority and marks a global first for the bank. Developed with SC Ventures-backed Zodia Markets, the platform handles custody and settlement via a closed-loop system.
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