UAE pledges $1 billion investment in electricity for government-held Yemen
The UAE has announced a $1 billion commitment to strengthen Yemen’s fragile electricity infrastructure. The investment covers solar, wind, and oil-fired power plants, aiming to ease Yemen’s chronic energy shortages and bolster its wider economic recovery. This move aligns with the UAE’s expanding regional development initiatives, reinforcing its role as a key partner in Yemen’s stabilisation efforts.
UAE approves National Encryption Policy, issues executive regulation
The UAE has approved a landmark National Encryption Policy that will transition government entities toward post-quantum cryptography, preparing national digital infrastructure for the age of quantum computing. The Cybersecurity Council will oversee the policy’s rollout and ensure adherence to new encryption standards. This positions the UAE as an early adopter of advanced cybersecurity protocols at a global level.
Dubai to double media sector’s contribution to GDP by 2033
Dubai has set an ambitious objective to double its media sector’s GDP contribution from 1.4% to 3% within less than a decade. The strategy focuses on digital transformation, enhanced innovation ecosystems, and structured support for young media talent. The initiative aims to reinforce Dubai’s identity as a powerful global media hub amid rising content creation markets worldwide.
UAE Ministry launches TM Market Place to transform trademark trading
The Ministry of Economy and Tourism has launched TM Market Place, the UAE’s first fully digital platform dedicated to buying and trading trademarks. The marketplace is designed to modernise the UAE’s intellectual property landscape while attracting major global brands to the region. By expanding access to trademark trading, the platform seeks to strengthen the UAE’s competitiveness in global commerce.