Weekly Highlights · UAE & Qatar | UAE Central Bank Collaborates with Core42 under G42 to Build Sovereign Financial Cloud Platform / Qatar's Ministry of Commerce and Industry Launches 36 E-services to Accelerate Digital Transformation
Greenland Century Reaches Cooperation on Exporting 5,000 Domestic Cars with UAE Enterprises
On February 24th, it was reported that "Greenland Century", the new - energy vehicle export platform under Greenland Group, recently reached a cooperation with WORLINK, a leading automobile distribution group in the UAE. It will export 5,000 domestic cars to the UAE, covering mainstream new - energy brands and popular fuel models. The cars will be shipped to the UAE in batches and will radiate to the Gulf market. According to the agreement, the two parties will deepen cooperation on the basis of trade. They plan to jointly build a multi - brand automobile exhibition center and an after - market service base in Dubai, providing one - stop services such as maintenance, spare parts supply, and technical training. This move aims to enhance the user experience and brand influence of domestic cars in the Gulf region. (Financial News)
iCAUR V27 Makes Its Global Debut in the UAE
According to Gulf Times, iCAUR (the overseas exclusive brand name of Chery iCAR), a new - energy brand under Chery, recently held a press conference at the Park Hyatt Dubai and officially entered the UAE market. Its mid - sized full - scenario hybrid SUV, iCAUR V27, made its global debut there. The person in charge of Chery International in the Middle East said that choosing the UAE as the global debut location reflects the brand's strategic emphasis on the young consumer group in the Middle East. Currently, iCAUR has set up three showrooms in Dubai, Abu Dhabi, and Sharjah, and plans to expand its sales and service network to all seven emirates. (Gulf Times)
AITO Wenjie Secures 200 Initial Orders in the UAE, Achieving a Good Start in the Middle East Market
On February 26th, Kang Bo, the vice - president of Seres Group, announced that AITO Wenjie cars secured 200 initial orders in the UAE, achieving a good start in the Middle East market. Kang Bo said that the locally adapted models in the UAE are being produced in an orderly manner, and the vehicles will be shipped and delivered after production. Currently, the official has not announced the specific models for overseas expansion. On February 6th, AITO Wenjie announced a cooperation with ADM in the UAE and officially entered the UAE market, marking a key step in the brand's global layout. (IT Home)
Self - driving Taxis in Dubai to Hit the Road Next Month
According to AGBI, Mansoor Rahma Alfalasi, the CEO of Dubai Taxi Corporation (DTC), said that Dubai will launch a self - driving taxi service next month and will soon sign an agreement with "a large - scale operator". The first batch of vehicles will operate in areas such as Jumeirah, Downtown, and around the Burj Khalifa. Initially, safety drivers will be on board, and then it will gradually transition to a fully automated mode. It is planned to put 50 to 100 vehicles into operation. The company's revenue increased by 13% to 2.47 billion dirhams in 2025, and it completed 53 million trips throughout the year. Dubai continues to promote the layout of self - driving transportation and expands the ride - hailing service to other emirates. (AGBI)
Dubai Esports and Gaming Festival to Return in May
According to Economic Observation Network, the Dubai Esports and Gaming Festival (DEF) will return from May 8th to 24th, 2026, and it will be its fifth and largest event to date. Subsequently, the GameExpo Summit will be held to explore the future development of the gaming, esports, and interactive entertainment industries, promote investment, and facilitate cooperation. Ahmed Al Khaja, the CEO of Dubai Festivals and Retail Establishment, said that the Dubai Esports and Gaming Festival has developed into a strategic platform, demonstrating Dubai's international ambitions in the fields of gaming, esports, and digital innovation. (Economic Observation Network)
UAE Central Bank Collaborates with Core42 under G42 to Build a Sovereign Financial Cloud Platform
According to ZAWYA, the Central Bank of the UAE announced a cooperation with Core42 under G42 to build a sovereign financial cloud service infrastructure, providing a secure and isolated data platform for licensed financial institutions to ensure data sovereignty and system resilience. As an important part of the central bank's "Financial Infrastructure Transformation Plan", this platform relies on advanced artificial intelligence and data analysis technologies, enabling real - time data processing, intelligent automation, and decision - making support. It also provides a unified management framework for multi - cloud services for financial institutions, improving operational efficiency and service continuity. (ZAWYA)
Dubai Industrial City Attracts the ALAS Emirates Ready Mix Project
According to ZAWYA, Dubai Industrial City (DIC) announced that it has attracted ALAS Emirates Ready Mix to build its first factory in Dubai, further consolidating its position as a core hub for the manufacturing and building materials industries. The two parties have signed an agreement to develop a new facility covering an area of over 160,000 square feet in DIC. The new factory will be equipped with modern office and production facilities, as well as an advanced low - energy consumption mixing system. It is expected to be completed and put into operation in the third quarter of 2026. DIC said that this project is in line with the UAE's "300 - billion Action", "Made in the UAE", and Dubai's Economic Agenda D33, which will enhance the country's supply capacity of high - quality concrete and promote the sustainable development of the regional construction industry. (ZAWYA)
UAE Artificial Intelligence Fund Announces First Five Investments
According to AGBI, the global fund "Presight - Shorooq Fund I", jointly established by Presight, an Abu Dhabi artificial intelligence company, and Shorooq, an investment company, recently announced its first five investments. Four US companies and one Abu Dhabi startup were selected from over a thousand applications. The fund was established in 2024 with a scale of $100 million, focusing on global startup investments in the fields of artificial intelligence, machine learning, and advanced data analysis. In addition to financial support, Presight also provides the invested companies with access to its cloud computing and GPU infrastructure resources. (AGBI)
Tesla's Full Self - Driving Starts Road Tests in Abu Dhabi
According to ZAWYA, the Integrated Transport Centre (ITC) in Abu Dhabi announced that Tesla's "Full Self - Driving" function has officially started road tests locally, and the driver will supervise the whole process during the test. This is the first real - road test of such technology in the emirate. The test will be carried out under an organized regulatory framework, aiming to evaluate the system's performance in a real - road environment and collect data to verify its safety and operational maturity. The ITC said that this is an important attempt to balance technological innovation and road safety, which helps to promote the implementation of intelligent travel solutions. (ZAWYA)
Qatar's Ministry of Commerce and Industry Launches 36 E - Services to Accelerate Digital Transformation
According to The Peninsula, the Ministry of Commerce and Industry (MoCI) in Qatar announced the launch of 36 new e - services on its official website, continuing to promote digital transformation and improve service efficiency. The new services cover matters such as lottery licenses, seasonal promotions, clearance sales, and intermediary business licenses, enabling online processing of the entire process of application, modification, renewal, and cancellation. This service upgrade aims to optimize the business environment, support the development of the private sector, promote economic diversification and the transformation to a knowledge - based economy in Qatar, which is in line with the goals of the "Qatar National Vision 2030" and the third - stage national development strategy. (The Peninsula)
5C Reaches a Strategic Cooperation with Qatar Investment Authority to Expand the Private Credit Platform
According to AGBI, 5C Investment Partners, a private credit investment company, recently announced a strategic partnership with the Qatar Investment Authority (QIA). The two parties will jointly promote the expansion of 5C's direct lending business in the United States. 5C was founded by former Goldman Sachs executives and currently manages approximately $3 billion in long - term capital. It mainly provides financing for medium - and large - sized enterprises in fields such as business services, software, healthcare, and financial services. The QIA said that this investment will help 5C develop new investment strategies and financing solutions. (AGBI)
Global Financial Service Provider Apex Group Enters the Qatar Financial Centre
According to Gulf Times, Apex Group, a global financial service provider headquartered in Bermuda, established a new office in the Qatar Financial Centre (QFC) to promote its expansion in the Middle East. Apex manages assets of over $3.5 trillion, and this move is also in line with the goal of Qatar's 2030 National Vision to build a regional financial center. This entry is another strategic layout of Apex in the Gulf region after Saudi Arabia, Abu Dhabi, Dubai, and Bahrain. The CEO of the QFC said that the addition of Apex will further enhance the professional depth and governance level of local financial services and increase Qatar's attractiveness to international fund managers and institutional investors. (Gulf Times)
Qatar Energy Awards the North Field West Expansion Contract, LNG Capacity to Reach 142 Million Tons
According to AGBI, Qatar Energy announced that it has awarded the engineering, procurement, and construction contract for the North Field West project. This project is the last one in its series of plans to expand LNG capacity, with an annual capacity of 16 million tons. After completion, Qatar's annual LNG capacity will increase to 142 million tons. The contract was won by a consortium consisting of France's Technip Energies, Greece's Consolidated Contractors Company, and the UAE's Gulf Asia Contracting Company. Qatar Energy expects the first batch of LNG to be put into production by the end of 2031. (AGBI)
Recent Events
Dubai Business Forum·China to Be Held in Shenzhen, Seize the Opportunity for Connection
The Dubai Business Forum·China will be held in Shenzhen on May 14th, 2026. With the theme of "Working Together for a New Economic Growth", the forum will introduce the diversified development opportunities brought by Dubai's Economic Agenda (D33) to the Chinese business community and explore new paths for cooperation and strategic investment between the two sides. As a high - end platform for promoting strategic economic cooperation between Chinese and Dubai business leaders, the Dubai Business Forum·China will gather core representatives from China's top multinational enterprises, unicorn companies, high - growth technology enterprises, venture capital institutions, and family businesses. A high - level delegation from Dubai will also participate. If you are interested in this Dubai Business Forum·China, welcomeclick "here" or scan the QR code below to fill out the registration form and apply for a seat.
36Kr Going Global·Event | Sino - Japanese Connection Japan Jo!nting: How Can Chinese Robots Enter the Japanese Market?
On the afternoon of March 12th, the Japan External Trade Organization (JETRO) will join hands with 36Kr Going Global to hold an offline closed - door sharing session (simultaneously live - streamed online) in Shenzhen, inviting robot enterprises, agents, and practical experts to share their experiences and insights on robots going global to Japan. If you are concerned about the Japanese robot market and want to gain in - depth understanding of the agent culture and local business ecosystem in Japan, welcome to click “here” or scan the QR code below to fill out the form and sign up for this event. We will screen the registration applications based on the relevance of the topic.
English Services
Service | KrASIA Launches New English Media Services for Chinese Enterprises Going Global
In the current complex global economic landscape, English reports are not only an important means to convey value propositions to overseas customers and consumers but also a cognitive precipitation of enterprises worldwide. The English - language media KrASIA (kr - asia.com) is committed to introducing Chinese business and culture to the world. Approximately 60% of the readers of the English website are business people from core Southeast Asian countries. KrASIA helps Chinese companies enhance their global brands through excellent search engine optimization, professional English content, a reliable social media matrix, and external inclusion platforms such as the Bloomberg Terminal and Dow Jones Factiva, which are top - tier global information data platforms. If your company has relevant needs for English communication or hopes to cooperate with KrASIA to provide overseas services, welcome to scan the QR code below or click “here” to fill out the form and obtain the media service rate card of KrASIA and the contact information of the staff.
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Currently, the 36Kr Going Global Learning and Exchange Group has attracted over 17,000 people going global to join. They come from domestic and foreign startups, industry giants, investment