Chinese officials are reportedly considering involving Elon Musk in negotiations surrounding TikTok’s US operations, just days before the app faces potential prohibition under new legislation. Officials are reportedly brainstorming ways for Musk to help broker a resolution.

The UAE and New Zealand have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at deepening trade relations and unlocking fresh investment opportunities between the two nations.

The UAE-based bank CBI has announced its strategic investment in Boomitra, an award-winning carbon project developer and Earthshot Prize laureate. The partnership aims to advance regenerative agriculture across the Middle East, Africa, and Asia by deploying cutting-edge AI-enabled solutions to empower farmers and strengthen climate resilience.

One of the top private developers in the UAE, Damac Properties, will invest $20bn in US data centres. The investment, made through Damac Group’s fully-owned subsidiary EDGNEX, feeds into an existing boom for constructing data centres used in the development of AI and the expansion of cryptocurrency.

The UAE has solidified its position as a leading global passport, ranked among the top 10 most powerful passports in the world, according to the just-released 2025 Henley Passport Index.

The investment bank EFG Hermes has completed its advisory role on the IPO of Nice One, the Saudi Arabia beauty and personal care e-commerce platform. This marks the first e-commerce platform to be listed on the main Saudi Exchange (Tadawul).

The UAE has set a historic record in its aviation sector, surpassing one million air traffic movements in 2024, according to the General Civil Aviation Authority (GCAA). This achievement was marked on December 22, 2024, with the arrival of Emirates Flight 305 from Shanghai, officially recording the one-millionth movement.

A new collaboration between Zand bank and Klickl International will highlight Zand’s commitment to integrating cutting-edge technology with financial services, addressing the growing demands of the digital economy and supporting the evolution of the Web3 ecosystem.