Dubai Times

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Wednesday, Oct 14, 2026

UAE Central Bank Introduces Stricter Licensing Rules for Digital Asset Custodians

The Central Bank of the United Arab Emirates has introduced new licensing and supervisory requirements for digital asset custodians and virtual asset service providers. The framework requires enhanced operational approvals and aims to strengthen oversight, transparency and investor protection in the country's growing digital finance sector.
ADNOC Acquires Major Stake in European Green Hydrogen Developer
Abu Dhabi National Oil Company has completed a multibillion-dollar investment in a leading European renewable hydrogen developer. The acquisition is part of the UAE energy group's efforts to expand its clean energy portfolio and diversify beyond conventional oil and gas operations.
Etihad Rail Completes Freight Network Testing Along Corridor to Saudi Border
Etihad Rail has completed testing of a major freight corridor connecting industrial ports in Abu Dhabi and Dubai with routes towards the Saudi Arabian border. The milestone prepares the network for commercial freight operations and closer integration with regional Gulf trade and logistics systems.
DP World Expands Jebel Ali Port Capacity With Automated Container Terminal Upgrades
Dubai-based logistics operator DP World has completed a major expansion of Container Terminal Three at Jebel Ali Port, adding automated stacking cranes and smart gate systems. The improvements are designed to increase cargo-handling capacity, accommodate larger vessels and reduce turnaround times at one of the region's most important shipping hubs.
Masdar Completes Major Abu Dhabi Solar Project With Record-Low Electricity Tariffs
Abu Dhabi renewable energy company Masdar has brought a large solar photovoltaic facility into operation, with capacity to supply electricity to hundreds of thousands of homes. The project demonstrates the UAE's ability to produce clean power at competitive costs while expanding its renewable energy infrastructure.
Dubai International Airport Reports Record Quarterly Passenger Traffic
Dubai International Airport has recorded its highest quarterly passenger traffic, supported by strong travel demand from Asia and Europe. The increase reinforces Dubai's position as a major international aviation hub and provides a boost to airport retail and the emirate's tourism economy.
Emirates Expands European Codeshare Network to Strengthen Dubai Tourism Connections
Emirates has finalized a codeshare expansion with a major European airline, creating additional connections from dozens of smaller European cities through Dubai International Airport. The agreement aims to improve international travel access and support passenger traffic, tourism and hospitality businesses in Dubai.
UAE Simplifies Family Sponsorship Visas for Skilled Expatriate Residents
The UAE's Federal Authority for Identity, Citizenship, Customs and Port Security has introduced an expedited digital process for skilled foreign residents seeking visas for immediate family members. The changes aim to reduce paperwork and processing times, making it easier for international professionals to relocate and settle with their families.
UAE and Global Technology Companies Open Advanced AI Research Centre in Dubai
The Dubai Future Foundation and international technology partners have opened a research laboratory at Emirates Towers focused on autonomous artificial intelligence systems, quantum computing applications and Arabic-language AI models. The initiative aims to expand local research capabilities and strengthen Dubai's position in advanced technology development.
Dubai Holding Launches Multibillion-Dollar Luxury Waterfront Development in Jebel Ali
Dubai Holding Real Estate has unveiled a major coastal residential project in Jebel Ali featuring luxury villas, private marinas and smart-city infrastructure. The development is designed to expand Dubai's southern waterfront and meet demand for premium housing among wealthy residents.
Dubai Financial Market Trading Volume Hits Five-Year High Following Strong Corporate Earnings
Trading activity on the Dubai Financial Market has reached its highest level in five years as investors increased purchases of financial, property and utility shares. Strong corporate results, alongside growth in tourism and other non-oil industries, have supported confidence in the emirate's equity market.
UAE Tax Authority Clarifies Zero-Percent Corporate Tax Rules for Free Zone Companies
The UAE Federal Tax Authority has published new guidance explaining the requirements free zone businesses must meet to qualify for a zero-percent corporate tax rate on eligible income. The clarification is intended to help companies understand their obligations and reduce uncertainty over compliance with the country's corporate tax system.
Dubai Approves Network of Electric Air Taxi Vertiports in Downtown and Marina Districts
Dubai Municipality has approved plans to develop dedicated takeoff and landing facilities for electric air taxis across key urban districts, including Downtown Dubai and Dubai Marina. The infrastructure is intended to support future commercial air taxi operations and expand the city's transport options.
Abu Dhabi Expands AI-Assisted Cancer Diagnostics Across Public Hospitals
Abu Dhabi's Department of Health has introduced artificial intelligence diagnostic tools across its public hospital network to help radiologists identify early signs of cancer. The technology is intended to shorten diagnostic processing times and improve the efficiency of clinical assessments.
Mubadala Leads Investment in Genomics Startup to Expand Abu Dhabi's Biotechnology Sector
Abu Dhabi sovereign investor Mubadala Investment Company has led a major funding round for a biotechnology startup specializing in genomic research. The investment supports the emirate's efforts to develop advanced life sciences and precision medicine capabilities.
UAE Expands Workplace Heat Safety Inspections Across Construction and Industrial Sites
The Ministry of Human Resources and Emiratisation has increased unannounced inspections to enforce occupational safety requirements for outdoor workers. The measures focus on compliance with midday heat restrictions and protecting employees exposed to extreme seasonal temperatures.
Emirates Global Aluminium Reports Record Output as Solar Energy Use Increases
Emirates Global Aluminium has reported record production of high-purity aluminium while increasing the share of solar power used in its operations. The development reflects efforts to raise industrial output while reducing the environmental impact of energy-intensive metal production.
UAE Space Agency Confirms Successful Calibration of Earth Observation Satellite
The United Arab Emirates Space Agency has confirmed that a recently deployed satellite has completed calibration and is transmitting high-resolution multispectral images from low Earth orbit. The data will support agricultural monitoring, urban planning and climate research.
Wizz Air Announces New Direct Flights From Budapest to East Asian Destinations
Hungarian low-cost airline Wizz Air has announced plans to introduce direct routes from Budapest's Ferenc Liszt International Airport to destinations in East Asia. The expansion follows fleet growth and is intended to improve international travel connections while strengthening Budapest's role in regional aviation.
Sharjah Research Park Demonstrates Water-Efficient Farming Technology for Desert Climates
Researchers at Sharjah Research, Technology and Innovation Park have demonstrated hydroponic and vertical farming systems capable of producing crops with substantially reduced water consumption. The project aims to improve agricultural productivity in arid environments and support regional food security.
Dubai Launches New Incentives to Attract Digital Nomads and Technology Entrepreneurs
Dubai's Department of Economy and Tourism has introduced an international campaign promoting streamlined residency arrangements, co-working opportunities and professional networks for remote workers and technology founders. The initiative seeks to attract international talent and expand Dubai's entrepreneurial community.
Emaar Launches Luxury Waterfront Residences at Dubai Cr
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