UAE-China MoU to boost cross-border payments
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with China’s Cross-Border Interbank Payment System (CIPS) to enhance cooperation in cross-border payment infrastructure.
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with China’s Cross-Border Interbank Payment System (CIPS) to enhance cooperation in cross-border payment infrastructure.
Dubai’s Roads and Transport Authority (RTA) has for the second time received the flag to host the Global Public Transport Summit 2026. The summit was first held in Dubai in 2011.
The UAE has strengthened its collaboration with Germany in science, innovation and advanced technology following a series of high-level meetings in Berlin.
Bahrain-based real estate developer Infracorp has officially launched sales for its latest residential development, California Residences. Located in Wadi Al Safa, Dubai, the $164m project features 370 units including apartments, villas, and townhouses designed around modern, community-focused living.
Abu Dhabi-based tech group G42 has announced a strategic partnership with US-based Liquid AI to focus on developing and commercialising private generative AI solutions globally, but with a strong emphasis on MENA and the Global South more broadly.
Founded in Hong Kong in 2022, Sthrive has grown from a content authoring tool into a full-scale AI workforce performance platform. After winning the China Tech Retail Award for its innovative content builder, the company introduced the first AI virtual coach for frontline staff in 2023, delivering real-time, personalised support without relying on HR.
Dubai-based real estate crowdfunding platform SmartCrowd has launched Flip, a fractional investment model that allows individuals to co-invest in high-end property renovations.
Emirates Properties Group has announced the launch of Azha Millennium Residences, a $95m mixed-use development in Jumeirah Village Triangle. The project will feature 196 branded apartments and retail spaces and is scheduled for completion in the final quarter of 2027.
It’s been a noisy year for global markets. Stock prices have moved sharply in both directions, and headlines have been dominated by tariffs, inflation targets and shifting interest rates. Through all these ups and downs, UK property has kept moving steadily forward. House prices are rising, rents continue to climb, and mortgage rates are beginning
The World Bank has projected that economic growth in GCC countries will rise to 3.2% in 2025, with 4.5% in 2026 and 4.8% in 2027. The latest Global Economic Prospects report also highlights a regional rebound in the wider MENA region.
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