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Industry News

XYRA Launches AI Accounting Platform for UAE Tax and E-Invoicing Compliance

Dubai-based tech firm XYRA has launched an artificial intelligence accounting platform designed to assist UAE businesses with financial management and regulatory compliance. The Microsoft-backed solution automates bookkeeping, payroll, invoicing, and inventory tracking to help firms handle corporate tax and VAT requirements. The company will showcase the platform at the Dubai AI Festival on October 26–27, 2026.

Industry News

Abu Dhabi in Talks to License TAMM AI GovTech Platform to US Cities

Abu Dhabi has launched TAMM Global to license and export its AI-powered unified government services platform to foreign administrations. Multiple US municipal governments have engaged in talks to deploy customized versions of the platform, with the first international client expected in the United States. The domestic TAMM portal currently integrates over 1,200 public and private sector services for 4.7 million users.

Industry News

UAE and Singapore Lead Global Generative AI Adoption in 2026, Report Shows

A report from Microsoft's Institute for AI Economy shows that the UAE leads global generative AI adoption with a 73.3% usage rate among its working-age population in Q2 2026. Singapore ranked second at 64.3%, while the worldwide average stood at 18.8%. The rankings measure adoption among working-age adults rather than investment volume or company counts.

Industry News

Standard Chartered, Mashreq, and LuLu Launch Hal SME Platform in UAE

Standard Chartered, Mashreq, and LuLu Financial Holdings have launched Hal, a new digital B2B marketplace for small and medium-sized enterprises in the UAE. Unveiled at Investopia Bridge 2026, the platform connects SMEs with buyers, suppliers, and essential financial, tech, and logistics partners. Ecosystem partners including Beehive, Microsoft, Visa, and Aramex have signed initial cooperation agreements.