{"id":104937,"date":"2025-06-25T00:00:00","date_gmt":"2025-06-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/"},"modified":"2025-06-25T00:00:00","modified_gmt":"2025-06-25T00:00:00","slug":"this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/","title":{"rendered":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>We\u2019re nearing the end of a much-needed shorter workweek, and it feels as though the news cycle is still recovering from the whiplash of events in the region earlier this week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The country collectively let out a sigh of relief following news of the ceasefire<\/strong>, after a turbulent night that saw Iran strike US military bases in Qatar, and speculation rise over whether it will do the same to bases here in Abu Dhabi, and elsewhere in the region. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Middle East stocks cheered the news<\/strong>, with Dubai\u2019s DFM rising 3.4%, its biggest intraday jump since December, while Abu Dhabi\u2019s index gained 2.5%. Real estate stocks buoyed performance, with Emaar on the DFM rising 5.1% and Aldar Properties gaining 10% on the ADX. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>President Sheikh Mohamed bin <\/strong><strong>Zay<\/strong><strong>ed <\/strong><strong>Al Nahyan welcomed the Iran-Israel ceasefire<\/strong> during a phone call with Iranian President Masoud Pezeshkian, expressing hope it would lay the groundwork for lasting regional stability, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkck368-uae-iranian-presidents-discuss-latest-regional\" style=\"\" rel=\"noopener\">Wam<\/a> reports. He reiterated the UAE\u2019s support for efforts that promote peace and security in the Middle East.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite how brief the closure of the UAE\u2019s airspace was, disruptions continued thr<\/strong><strong>ough yesterday. <\/strong>Long queues and hundreds of flight delays followed the temporary closure, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/chaos-thousands-passengers-stranded-doha-airport-long-queues-dubai-2025-06-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. While most airlines resumed operations to the UAE, Wizz Air suspended all flights to and from the country through to 30 June, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaiprnetwork.com\/pr.asp?pr=186059\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Separately, IndiGo halted yesterday\u2019s flights between India\u2019s Bhubanesw<\/strong><strong>ar and Abu Dhabi<\/strong>, along with 13 other Middle Eastern routes including Dubai, Doha, and Riyadh, according to a <a target=\"_blank\" href=\"https:\/\/x.com\/IndiGo6E\/status\/1937244705819115614?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1937244705819115614%7Ctwgr%5E5ee8d318b2616c98f84c6362df15934e82a1c483%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fsambadenglish.com%2Flatest-news%2Fbhubaneswar-abu-dhabi-flight-services-suspended-amid-war-tensions-in-middle-east-9396455\" style=\"\" rel=\"noopener\">post on X<\/a>. The suspensions may be extended depending on security developments, as airlines continue to monitor military action between Israel and Iran. <\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>T<\/strong><strong>he ADX and DFM will close on Friday, 27 June, in observance of the Hijri new year.<\/strong> Trading will resume on Monday, 30 June, according to a UAE Securities and Commodities Authority (SCA) <a target=\"_blank\" href=\"https:\/\/www.sca.gov.ae\/en\/media-center\/news\/24\/6\/2025\/hijri-new-year-holiday-announced-for-financial-markets.aspx\" style=\"\" rel=\"noopener\">statement<\/a>. The Dubai Gold and Commodities Exchange will operate as usual during this period, maintaining regular trading hours.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong><strong> Dubai<\/strong> will see an afternoon high of 42\u00b0C today and an overnight low of 30\u00b0C, according to our favorite weather app. Temperatures in <strong>Abu Dhabi <\/strong>will reach an afternoon high of 34\u00b0C, with mostly cloudy conditions, before dipping to an overnight low of 31\u00b0C.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a><strong> #1- First, it was flights \u2014 now, you can pay for taxi rides with stablecoin: <\/strong>Abu Dhabi\u2019s Tawasul Taxis and Al Maryah Community\u2019s Bank are now allowing passengers to pay for rides digitally via Al Maryah\u2019s AE Wallet app with AE Coin, the UAE\u2019s AED-pegged stablecoin, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/tawasul-transport-and-al-maryah-community-bank-launch-the-first-digital-payment-system-in-taxis-using-ae-coin-r032hio0\" style=\"\" rel=\"noopener\">statement<\/a>. This comes just a few weeks after Al Maryah and Air Arabia also allowed customers to pay for flights using AE Coin, becoming the first regional airline to accept stablecoin payments. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The Central Bank of the UAE greenlit the launch of the AE coin back in December, making it the only authorized stablecoin in the country as of yet. IHC, ADQ, and First Abu Dhabi Bank (FAB) are reportedly planning a new <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/72308412-6ef3-4cc5-b051-e35c453f7849\/abu-dhabi-powerhouses-plan-aed-backed%253cmark%253e-stablecoin%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">new AED-backed stablecoin<\/a>, while ADX-listed crypto miner Phoenix Group and cryptocurrency giant <a target=\"_blank\" href=\"https:\/\/tether.to\/\" style=\"\" rel=\"noopener\">Tether<\/a> \u2014 owner of the world\u2019s biggest stablecoin, USDT \u2014 are also planning to launch an AED-pegged stablecoin.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come:<\/strong> More transport services, merchants, and retail outlets are set to allow the use of AE Coin in transactions, the statement said. <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- <\/strong><strong>Canada is<\/strong><strong> in discussions with the UAE and Saudi to invest in developing its AI <\/strong><strong>sector<\/strong>, Canadian AI Minister Evan Solomon told <a target=\"_blank\" href=\"https:\/\/thelogic.co\/news\/exclusive\/canada-uae-saudi-arabia-ai-investment\/\" style=\"\" rel=\"noopener\">The Logic<\/a>. Ottawa aims to create sovereign AI infrastructure through partnerships and by creating an industrial base. It will focus on developing data centers as the country aims to dial down its dependence on trade with the US.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The North American country needs hardware and capital from other countries to advance this sector<\/strong>, Solomon said, adding that the UAE is \u201ca very sophisticated player along the entire value chain.\u201d Talks are still at an early stage but are \u201cconstructive,\u201d he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The UAE has been strengthening its ties with Canada this year, with a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/d0945960-7e0b-422e-9e60-8012048ec51c\/uae-deepens-ties-with%253cmark%253e-canada%253c%2Fmark%253e-in-trade,-energy,-and-investment-during-fm%25e2%2580%2599s-visit\" style=\"\" rel=\"noopener\">delegation<\/a> heading there last week to discuss boosting cooperation in trade, energy, AI, education, and sustainable development. Dubai International Chamber also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7c6b5c95-9924-46dc-ae84-0adb5b794df2\/meraas-hands-naresco-aed-450-mn-contract-for-dubai%25e2%2580%2599s-city-walk\" style=\"\" rel=\"noopener\">launched<\/a> a representative office in Toronto last week, aiming to enhance investment relations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s overseas AI investment ambitions are clear. <\/strong>The country pledged to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e821f11d-59fa-49b1-a3ad-5a1638b9dd42\/uae-to-invest-usd%253cmark%253e-1.4-tn%253c%2Fmark%253e-in-us-over-10-years\" style=\"\" rel=\"noopener\">USD 1.4 tn<\/a> in the US through a 10-year investment framework with a focus on AI infrastructure. Last month, Abu Dhabi\u2019s G42 and Italy\u2019s iGenius announced a planned <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/2c847763-bbd7-40ae-aeb2-e0971a5e3fb3\/g42-to-help-develop-supercomputer-in-italy\" style=\"\" rel=\"noopener\">USD 1 bn<\/a> investment to develop Europe\u2019s largest AI compute deployment in Italy\u2019s Puglia region. G42-backed MGX and Nvidia also joined a French consortium to build a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/e054972b-bc3f-451b-8965-125be14f5b06\/mgx,-nvidia,%253cmark%253e-france%253c%2Fmark%253e-to-build-europe%25e2%2580%2599s-biggest-ai-hub\" style=\"\" rel=\"noopener\">1.4 GW AI campus<\/a> outside Paris.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#3-<\/strong><strong> New g<\/strong><strong>lobal <\/strong><strong>digital bank from Abu Dhabi? <\/strong>UAE-based omnibanking startup <a target=\"_blank\" href=\"https:\/\/biptap.com\/\" style=\"\" rel=\"noopener\">BipTap<\/a> signed a strategic partnership agreement with Al Fardan Ventures, the family office led by tech investor Mohammed Ebrahim Al Fardan, to launch a global digital bank headquartered in Abu Dhabi, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/biptap-and-al-fardan-ventures-sign-strategic-partnership-to-launch-global-digital-bank-from-abu-dhabi-num9goj8\" style=\"\" rel=\"noopener\">press release<\/a>. The core infrastructure is already built and tested, with both sides now working to secure licenses and establish UAE operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The planned bank will offer B2B digital banking, fiat-crypto integration, and banking-as-a-service solutions for financial institutions, fintechs, and enterprises worldwide. Al Fardan will serve as regional MD, and related projects \u2014 including a crypto liquidity platform and AI trading system \u2014 are also in the pipeline. <\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/evcharge-live-middle-east\/index.stm\" style=\"\" rel=\"noopener\">EVCharge Live Middle East<\/a><\/strong><strong> is on its second and final day at the Dubai World Trade Center<\/strong>, spotlighting EV charging infrastructure. Event highlights include a conference with over 150 speakers, an EV and charging exhibition, and networking meetings.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-storage-live-dubai\/index.stm\" style=\"\" rel=\"noopener\">Solar &amp; Storage Live<\/a><\/strong><strong> is also on its second and final day <\/strong>at the Dubai World Trade Center. The solar energy and battery storage exhibition will see over 10k attendees meet for talks and exhibitions on technology focused on the green transition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3-<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/mobility-live-me\/index.stm\" style=\"\" rel=\"noopener\">Mobility Live Middle East<\/a><\/strong><strong> is on its second and final day <\/strong>at the Dubai World Trade Center, spotlighting future transport. The trade event will bring together regional mobility leaders for keynotes, panel sessions, and an expo featuring autonomous tech, smart cities, and public transport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.terrapinn.com\/exhibition\/middle-east-rail\/index.stm\" style=\"\" rel=\"noopener\">Middle East Rail<\/a><\/strong><strong> runs in parallel and wraps today <\/strong>at Dubai World Trade Center, bringing together transport ministries, rail operators, and tech firms for discussions and exhibitions on high-speed networks, digitalisation, and transit infrastructure. <\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The war hawks are circling once again with the headlines this morning dominated by a<\/strong><strong> Pentagon report claiming that the US strikes only pushed Iran\u2019s nuclear program back by a few months.<\/strong> The report from the Pentagon\u2019s intelligence arm Defense Intelligence Agency found that Iran\u2019s nuclear centrifuges could soon be restarted and that the country\u2019s stockpiles of highly enriched uranium were moved out of the sites before the US moved to strike, seeming to contradict Trump\u2019s claims that the sites had been \u201ccompletely and fully obliterated.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump doubled down on his earlier comments in response to the report<\/strong>, by trading war with Iran for war with CNN and the New York Times, who he <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114741478150368433\" style=\"\" rel=\"noopener\">accused<\/a> of trying to \u201cdemean one of the most successful military strikes in history.\u201d (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us-strikes-may-have-set-back-iran-nuclear-program-only-months-sources-say-2025-06-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-24\/us-finding-says-strikes-had-limited-impact-on-iran-nuke-program\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/u-s-strikes-set-back-iran-nuclear-program-by-a-few-months-initial-report-says-db9373ad\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/national-security\/2025\/06\/24\/us-iran-bomb-assessment-nuclear-sites-not-destroyed\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/06\/24\/us\/politics\/iran-nuclear-sites.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/iran-nuclear-program-military-strikes-trump-f0fc085a2605e7da3e2f47ff9ac0e01d\" style=\"\" rel=\"noopener\">Associated Press<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/06\/24\/politics\/intel-assessment-us-strikes-iran-nuclear-sites\" style=\"\" rel=\"noopener\">CNN<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But while the world\u2019s attention was turned to Iran, Israel continued its almost daily <\/strong><strong>massacres of those seeking aid<\/strong>, killing at least 40 in Gaza yesterday, bringing the number of those killed in similar attacks to 500 in just the past two weeks. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-kills-29-further-gaza-bloodshed-after-reaching-truce-with-iran-2025-06-24\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/jun\/24\/at-least-40-more-palestinians-killed-seeking-aid-in-gaza-say-medics-and-officials\" style=\"\" rel=\"noopener\">Guardian<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.&nbsp;<a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Middle East and North Africa <\/strong><strong><a target=\"_blank\" href=\"https:\/\/pppmenaforum.com\/\" style=\"\" rel=\"noopener\">Public-Private Partnership Forum<\/a><\/strong><strong> will be held on 10<\/strong><strong> to 11 September<\/strong> at the Jumeirah Emirates Tower in Dubai. Investors, policymakers, and engineering, procurement, and construction players will meet to discuss public-private partnerships, with a focus on energy, healthcare, real estate, logistics, transport and digital transformation sectors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Stocks in the region cheered news of the Iran-Israel ceasefire<\/p>\n","protected":false},"author":1,"featured_media":104938,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1543],"tags":[74,1805,610,306,159,107,130,7,1342,1946,303,6,328],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-104937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-adx","tag-al-maryah-community-bank","tag-artificial-intelligence","tag-aviation","tag-banking","tag-crypto","tag-dfm","tag-enterpriseam-uae","tag-investment","tag-uae-canada-relations","tag-war-watch","tag-what-were-tracking-today","tag-wizz-air","wpautop","entry"],"acf":{"mongo_id":"9e61c17c-b8dd-44e7-9820-ea9382aa0797","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/3\/1342.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi","related_issue":[104935],"teaser":"Plus: Stocks in the region cheered news of the Iran-Israel ceasefire","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/6\/.5d41bf6c-9544-4ce5-a991-b7d543b8ea8c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi\" \/>\n<meta property=\"og:description\" content=\"Plus: Stocks in the region cheered news of the Iran-Israel ceasefire\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi\",\"datePublished\":\"2025-06-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\"},\"wordCount\":1486,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ADX\",\"Al Maryah Community Bank\",\"artificial intelligence\",\"Aviation\",\"banking\",\"CRYPTO\",\"DFM\",\"EnterpriseAM UAE\",\"investment\",\"UAE-Canada relations\",\"War Watch\",\"WHAT WE\u2019RE TRACKING TODAY\",\"Wizz Air\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\",\"name\":\"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-06-25T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi","og_description":"Plus: Stocks in the region cheered news of the Iran-Israel ceasefire","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/","og_site_name":"UAE","article_published_time":"2025-06-25T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi","datePublished":"2025-06-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/"},"wordCount":1486,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1","keywords":["ADX","Al Maryah Community Bank","artificial intelligence","Aviation","banking","CRYPTO","DFM","EnterpriseAM UAE","investment","UAE-Canada relations","War Watch","WHAT WE\u2019RE TRACKING TODAY","Wizz Air"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/","name":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1","datePublished":"2025-06-25T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/06\/25\/this-morning-canada-in-talks-with-the-uae-over-ai-investments-taxi-stablecoin-payments-are-now-a-thing-in-abu-dhabi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: Canada in talks with the UAE over AI investments + Taxi stablecoin payments are now a thing in Abu Dhabi"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1342.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/104937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=104937"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/104937\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/104935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/104938"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=104937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=104937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=104937"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=104937"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=104937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}