RAS AL KHAIMAH/GULF TIME RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin, subject to the completion of regulatory and operational requirements. This marks an important step in RAKBANK’s digital assets journey and reflects the Bank’s commitment to developing regulated, secure and transparent financial …

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) and Baidu’s Intelligent Driving Group on Thursday inaugurated Baidu Apollo Go’s Autonomous Vehicles Operations and Control Centre at Dubai Science Park, the company’s first such facility outside China. Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of Dubai’s RTA, and Yunpeng Wang, Corporate Vice President of Baidu and …

DUBAI / WAM Dubai Chambers said on Thursday it will hold the fifth international edition of the Dubai Business Forum in Shenzhen, China, on 14th May 2026, as it seeks to attract new Chinese investment and partnerships in support of Dubai’s Economic Agenda (D33). The Dubai Business Forum – China aims to showcase the opportunities created by the D33 agenda …

ABU DHABI / AD MEDIA OFFICE Ten global agri-tech innovators will arrive in Abu Dhabi this week to compete for the top prize at the UAE FoodTech Challenge, an international competition designed to support breakthrough solutions for global food security. Ahead of the finale at Abu Dhabi Sustainability Week, the finalists — whose ventures span protein-producing insect farms to AI-powered …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday received Massad Boulos, the US President’s Senior Advisor for Arab and African Affairs. The meeting, held at Qasr Al Shati in Abu Dhabi, addressed the growing strategic relations and joint coordination between the UAE and US. The two sides also discussed regional developments and …

ABU DHABI / WAM The World Future Energy Summit, taking place at ADNEC Centre Abu Dhabi from 13th-15th January and part of Abu Dhabi Sustainability Week hosted by Masdar, is set to highlight the pivotal role of green hydrogen in industrial decarbonisation. Against the backdrop of the UK’s ambition to expand low-carbon hydrogen production to 10GW by 2030, the Summit …

DUBAI /WAM The 1 Billion Followers Summit, the world’s largest event dedicated to shaping the content creator economy, announced that AGMC, the official importer of BMW Group vehicles in Dubai, Sharjah and the Northern Emirates will join the summit’s upcoming fourth edition as Strategic Transport Partner. The Summit, organised by the UAE Government Media Office, is taking place from 9th …

DUBAI / WAM The Ministry of Economy and Tourism held a media briefing to review the Federal Decree-Law No. 20 of 2025 amending certain provisions of Federal Decree-Law No. 32 of 2021 concerning Commercial Companies, issued by the UAE. The amendments introduce proactive and crucial updates across its 15 articles, along with a new article regulating and legitimising the transfer …

ABU DHABI / GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan took to social media platform X to share a message on Orthodox Christmas. His Highness Sheikh Mohamed wrote: “I extend my best wishes to all those celebrating Orthodox Christmas in the UAE and around the world. May this day bring you and your loved ones …

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) Group achieved a series of landmark milestones and market firsts in 2025, a transformative year that also marked its 25th anniversary. During the year, ADX strengthened its position as the second-largest exchange in the region and reinforced its global standing through the establishment of ADX Group, bringing together Abu Dhabi Securities …