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A currency swap conversation between the UAE and the United States has drawn international attention, but the UAE's ambassador to Washington has been unequivocal in framing what it is and what it is not. Yousef Al Otaiba, UAE Ambassador to the US and Minister of State, issued a direct statement following reports that the UAE's central bank governor raised the idea of a currency swap line with US Treasury Secretary Scott Bessent and Federal Reserve officials during meetings in

As GenAI positions itself to contribute up to $81 billion to the UAE economy, the country's AI ambitions will ultimately be decided not by technology alone but by the readiness of its workforce. Upskilling, reskilling, and credential innovation are fast becoming the strategic levers that separate leading economies from lagging ones.

Dubai has made regulatory history as the world's first jurisdiction to fully codify virtual asset issuance standards, with VARA's newly published Guidance establishing clear pathways, mandatory disclosures, and governance expectations for issuers and VASPs operating in the emirate.

Dubai Healthcare City Authority has announced a comprehensive package of economic relief measures, including fee waivers and flexible installment plans, offering businesses in the free zone a stronger foundation for sustainable growth through 2026.