UAE Approves First Regulated Dollar Stablecoin USDU
The UAE approves USDU, its first regulated dollar-backed stablecoin integrated into the national payment framework.
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Mercedes-Benz and Binghatti Unveil an AED 30B “City Within a City” in Dubai’s Meydan
Mercedes-Benz Places – Binghatti City is pitched as the world’s first Mercedes-Benz–branded city: a 10 million-square-foot mixed-use district in Meydan with an estimated AED 30B ($8.2B) investment.
Uber Launches First Driverless Robotaxi Service in the Middle East
Uber launches fully driverless robotaxi rides in Abu Dhabi with partner WeRide, marking the Middle East’s first autonomous ride-hailing service.
UAE Rolls DeFi and Web3 Into Licensing Scope Under Sweeping Financial Reform
The UAE’s new law brings DeFi and Web3 into the regulatory net, requiring licences and imposing fines up to US$272 million for non-compliance.
UAE’s du Launches Bitcoin Mining Service for Local Residents
UAE telecom du launches Cloud Miner, enabling residents to mine Bitcoin through a subscription-based service.