Technology

UAE and GCC Crypto Regulation 2026: VARA Rules, Stablecoins, and the Race to Lead Digital Assets

UAE crypto regulation in 2026 under VARA is the most developed in the GCC, with stablecoin adoption accelerating across the banking system, MGX's $2 billion Binance investment cementing Abu Dhabi's digital asset ambitions, and Saudi Arabia and Bahrain building competing frameworks.

Abu Dhabi Bets $100 Billion on AI: How MGX, Mubadala and ADIA Are Reshaping Global Tech Investment

Abu Dhabi's AI investment push — led by MGX, Mubadala, and ADIA — has committed more than $100 billion toward artificial intelligence infrastructure, with co-led investments in Anthropic, OpenAI, xAI, and Binance making the emirate one of the most consequential AI investors on the planet.

GITEX Global 2026 Preview: World’s Biggest Tech Event Moves to Expo City Dubai, December 7–11

GITEX Global 2026 runs from December 7 to 11 at a new venue: the Dubai Exhibition Centre at Expo City Dubai, marking the first...

US AI Startup Positron Opens DIFC Office in First International Move, Targeting Gulf’s GenAI Surge

Positron AI, a US-based artificial intelligence inference startup, has established its first presence outside the United States at Dubai's DIFC, positioning itself to serve the Gulf's accelerating demand for next-generation AI infrastructure across healthcare, finance, and media.

GCC Achieves World’s Lowest Solar Costs at $0.01 Per kWh as Region Eyes Green Hydrogen Leadership

GCC countries are achieving record-breaking solar electricity costs of between 1.04 and 1.32 US cents per kWh — the lowest in the world — driven by exceptional solar irradiation and government-backed investment, as the region positions itself as a future green hydrogen exporter.

Dubai Land Department Launches Blockchain Property Title Pilot, Opening Door to Fractional Ownership

The Dubai Land Department has launched a pilot to integrate blockchain-based property titles into the official land registry, enabling fractional ownership to be recorded and transferred on-chain and opening Dubai's real estate market to a new class of investor.

GCC Fintech Enters New Era as Saudi Arabia Issues First Open Banking Licences and Blockchain Payments Go Live

Saudi Arabia's SAMA has issued its first live open banking licences, transitioning from sandbox to full commercial operations, while Riyad Bank and Bahrain have completed live blockchain payment pilots — marking a turning point for GCC financial services innovation.

du Ventures Launches $50 Million Fund to Back UAE Fintech, AI and Cybersecurity Startups

UAE telecommunications company du has announced the launch of du Ventures, a US$50 million corporate venture fund that will invest in early and growth-stage...

Dubai’s Al Khaleej Street Tunnel Hits 80% Completion: 1,650m Project Will Cut Commute from 104 to 16 Minutes

Dubai's Roads and Transport Authority (RTA) has confirmed that the Al Khaleej Street Tunnel Project, a cornerstone element of the Al Shindagha Corridor Improvement...

Bahrain FinTech Bay Records 180 Active Fintech Companies: Targets Arab World’s Largest Hub by 2028

Bahrain FinTech Bay, the Kingdom's flagship fintech incubator co-managed by the Bahrain Economic Development Board (EDB) and major Bahraini financial institutions, has reached 180...

Kuwait Launches KWD 2 Billion Smart Infrastructure Initiative Under New 5-Year Development Plan

Kuwait's Council of Ministers has approved a KWD 2 billion (approximately USD 6.5 billion) Smart Infrastructure Initiative as the cornerstone of its 2026-2030 Five-Year...

Qatar’s National Innovation Strategy 2030: Inside the USD 12 Billion Deep-Tech Commitment

Qatar has launched its National Innovation Strategy 2030, a USD 12 billion framework allocating public investment across quantum computing, advanced materials, biotechnology, space technology,...

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