News
Policy updates, China–UAE developments, industry news and official Middle East travel alerts.
The Saudi Central Bank has concluded its formal participation in Project mBridge following the completion of its proof-of-concept phase. The multilateral central bank digital currency project remains co-anchored by the People's Bank of China, the Central Bank of the UAE, and the BIS Innovation Hub.
Abu Dhabi Customs and the Abu Dhabi Quality and Conformity Council have signed an MoU to enhance trade facilitation and data sharing. The entities will exchange foreign trade and inspection data through digital platforms to accelerate port clearance. The initiative also covers joint advisory services and technical training for commercial businesses.
The UAE Ministry of Human Resources and Emiratisation is stepping up enforcement against fake Emiratisation using AI and digital monitoring systems. Private companies evading quotas face graduated penalties up to Dh500,000, with 377 violations already identified.
Gulf technology firms and institutional investors are opening secondary operational bases in Hong Kong and Singapore amid regional tensions. A dual-hub model is being adopted to direct Middle Eastern capital into Asian AI data centres and multicurrency payment rails. Dubai-based trading platform xBratAI advanced its Hong Kong expansion to early 2026 due to regional conflict.
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