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United Arab Emirates

Abu Dhabi sets up investment firm to achieve AI ambitions
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17 March, 2024

Abu Dhabi sets up investment firm to achieve AI ambitions

UAE's newly formed investment company, MGX, has three core objectives to drive AI adoption and innovation—develop AI infrastructure, explore AI...
Serbia, UAE expanding AI use cases with new partnership
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20 February, 2024

Serbia, UAE expanding AI use cases with new partnership

As AI applications soar in popularity, Serbia is looking to make a name of its own with help from the...
Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors
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17 February, 2024

Bridgewater Middle East begins digital asset operations in UAE, targets institutional investors

Bridgewater Middle East will operate as a conduit for United Arab Emirates-based enterprises seeking to pivot into digital currencies and...
UAE’s blockchain ambitions will improve trade finance for SMEs
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16 February, 2024

UAE’s blockchain ambitions will improve trade finance for SMEs

Currently, SMEs in the United Arab Emirates face a challenging task in securing trade finance, underscored by several issues like...
AI innovation in the Middle East can match EU, North America, analysts say
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7 February, 2024

AI innovation in the Middle East can match EU, North America, analysts say

While the Middle East is the leader in oil reserves, experts believe it will resort to a "follow the leader"...
UAE records first digital dirham transaction via mBridge CBDC
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4 February, 2024

UAE records first digital dirham transaction via mBridge CBDC

The Central Bank of the United Arab Emirates initiated a 50 million dirham ($13.6 million) transfer to China at the...
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