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UAE consumers show 90% interest in Level 3 autonomous vehicles, survey finds

A recent survey by Bain & Company reveals that 90% of UAE consumers are open to purchasing vehicles equipped with Level 3 autonomous driving capabilities, positioning the Emirates as a leader in the acceptance of advanced automotive technology. This finding…

DIFC sets new targets for 1,000 AI companies and 5,000 jobs by 2030

The Dubai International Financial Centre (DIFC) has set ambitious new targets to attract 1,000 artificial intelligence (AI) companies and create 5,000 jobs in the AI sector by 2030. This announcement follows the early achievement of its previous goal of 500…

UAE banks to implement new debt transfer controls for borrowers starting January 2027

The UAE banking sector is set to introduce new regulations governing the transfer of customer debts between banks, with implementation anticipated to begin on January 1, 2027. These measures aim to stabilize borrower-bank relationships by requiring customers to remain with…

China’s plenum meeting may see Xi Jinping tighten Party discipline amid purges

China's upcoming plenum meeting, set to conclude on Thursday, is poised to reinforce President Xi Jinping's grip on the Communist Party amid ongoing purges of senior officials. This session is expected to focus on "comprehensive strict governance of the Party,"…

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