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Industry News
Source: Chosunbiz

Reports Detail Iranian Training and Chinese Commercial Parts in Houthi Arsenal

Yemen's Houthi rebels have expanded territorial control along the Red Sea coast using weapons assembled with Iranian training and imported commercial parts from China, according to media reports cited by Chosunbiz. The military expansion has impacted critical maritime transit routes, contributing to volatility in global oil prices. Intercepted cargo shipments inspected in July reportedly contained commercial dual-use components adaptable for missile and drone manufacturing.

Industry News
Source: Bernama

Creative Industry Drives BRICS+ Economic Growth With China and UAE Leading

The creative industry is becoming an important growth driver for BRICS+ economies, supported by intellectual property, digital technology, and cultural assets, according to an analysis by TV BRICS reported by Bernama. China and the UAE were identified as leading technology-driven development models within the bloc. China accounts for the group's largest creative economy share at US$879 billion.

Policy & Legal Updates
Source: Zawya

UAE Launches Guiding Principles for AI System Adoption by Law Firms

The UAE Minister of Justice has officially launched the Guiding Principles for the Use of Artificial Intelligence Systems by Law Firms at the 15th UN Crime Congress in Abu Dhabi. The initiative outlines ten core principles requiring strict human oversight, confidentiality, and non-delegable professional accountability. The framework is designed to provide a practical reference for legal practices adopting advanced technologies across the country.

Industry News
Source: China Daily Global Edition

Iran Reaffirms Diplomatic Stance Over Strait of Hormuz Following US Ceasefire Rejection

Iran stated it remains committed to diplomacy while prepared to confront aggression after US President Donald Trump rejected its ceasefire road map for the Strait of Hormuz. Tehran proposed a seven-day truce involving the reopening of the waterway on the sixth day in exchange for specific US steps, including unfreezing Iranian assets. Iranian military commanders maintained that naval forces retain decisive control over waters leading into the strategic strait.

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