The Latest Breaking News from UAE

Archer Aviation Inc (NYSE:ACHR) shares are trading lower on Wednesday despite announcing a partnership with Cleveland Clinic Abu Dhabi to establish the UAE’s first hospital-based vertiport for electric vertical takeoff and landing (eVTOL) aircraft operations.

Revolut co-founder Nik Storonsky has moved to the UAE following non-dom status being scrapped

The weekend was a rollercoaster for the tech industry, with major players like Amazon.com Inc., Meta Platforms Inc., and Nvidia Corporation making headlines. From AI investments pushing tech giants towards debt to stalled chip deals and major hacking campaigns, the sector was buzzing with activity.

Two campaigns are targeting people in UAE and the wider region with infostealing malware.

Nvidia cannot start shipping its AI chips to the UAE, as the country is reportedly yet to finalize its investments in the U.S.

Robo.ai Inc. (NASDAQ:AIIO) and UAE-regulated digital asset custodian Changer.ae on Friday unveiled Roboy339, the world’s first smart vehicle with a built-in digital wallet at the TOKEN2049 conference.

A multibillion-dollar deal for Nvidia Corporation (NASDAQ:NVDA) to supply advanced AI chips to the UAE has been stalled for months, reportedly frustrating CEO Jensen Huang as U.S. Commerce Secretary Howard Lutnick pushes Abu Dhabi to finalize investments before shipments proceed.

Follow all the action from Sharjah Cricket Stadium

WeRide (NASDAQ:WRD) stock gained on Thursday as it launched its Robotaxi GXR and Robobus pilot services in partnership with the Ras Al Khaimah Transport Authority (RAKTA), marking its first deployment in the emirate and expansion into its third UAE market.