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Abu Dhabi Hosts Middle East’s First Passenger Drone Trials

MLG and Abu Dhabi Mobility hosted an exhibition of cutting-edge technology, along with two test flights.

Published

2 years ago

on

abu dhabi hosts middle east's first passenger drone trials
Abu Dhabi Media Office

In recent years, Abu Dhabi has become a pioneer and champion of smart and sustainable mobility, attracting industry-leading startups and experts from around the world. The first Abu Dhabi Mobility Week, held between 24th April and 1st May 2024, showcased this innovation while also hosting the Middle East’s first-ever passenger-carrying drone trials.

Multi Level Group (MLG), a pioneer of “advanced automation and digital transformation solutions”, teamed up with Abu Dhabi Mobility to present an exhibition of cutting-edge drone technology, which included two test flights. The first showcase featured a five-seater drone with a 25 km range and potential payload of up to 350 kg, while the second involved a smaller drone able to carry two passengers up to 35 km for around 20 minutes.

Mohammed Hamad Al Dhaheri, a Multi-Level Group board member, made history at the mobility expo by becoming the first person in the Middle East to board an eVTOL for a demonstration flight. Al Dhaheri explained to the press that future plans also involved manufacturing passenger drones in the UAE: “starting with drone structure and gradually moving forward until we manufacture small parts such as motors and batteries, ensuring the technology is fully developed and exported from the UAE to the world”.

Also Read: UAE Stores May Soon Accept Payments Through Your Palm

The milestone test flights represent a significant addition to Abu Dhabi’s achievements in the drone and micro-mobility sectors. The emirate’s forward-thinking strategy is rapidly making it a global hub for smart and autonomous vehicles while plans continue at pace to develop a sophisticated infrastructure for driver and pilot-less vehicles.

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Dirham-Backed Stablecoin DDSC Enters Live Phase In UAE

Central Bank approval moves the dirham-backed token into deployment, targeting regulated payments and settlement flows.

Published

4 days ago

on

February 13, 2026

By

dirham-backed stablecoin ddsc enters live phase in uae

The UAE has cleared the launch of DDSC, a dirham-backed stablecoin now entering live operation after approval from the Central Bank. The move pushes the project beyond its pilot phase and into the country’s regulated financial system.

The token is backed by a consortium led by IHC, Sirius International Holding and First Abu Dhabi Bank (FAB), framing it as an institutional instrument rather than a consumer crypto product. DDSC was first announced in April 2025, but regulatory clearance now allows deployment and integration across approved channels.

DDSC runs on ADI Chain, a Layer 2 blockchain built by the Abu Dhabi-based ADI Foundation. The infrastructure is designed for governance and performance requirements expected by large institutions, linking blockchain settlement with existing compliance and oversight frameworks.

The focus is practical, targeting treasury settlements, high-value payments, trade and supply-chain transactions, and programmable financial flows for regulated entities. FAB plans to offer access to the token through approved platforms for its clients, keeping the rollout inside controlled banking environments.

“DDSC marks a defining milestone in the UAE’s digital finance journey,” said Syed Basar Shueb, CEO of IHC. “With the Central Bank’s approval and our transition into live operation, we are delivering trusted, institutional-grade infrastructure that strengthens resilience, accelerates innovation, and expands what is possible in regulated digital payments”.

Also Read: Basatne Debuts ORBT Platform For Digital Refunds In UAE

FAB says the project reflects how stablecoins can sit within traditional finance when risk controls are built in from the outset. “This milestone underscores that stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk requirements,” said Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client Banking Group at FAB.

The launch reinforces the UAE’s strategy of pushing digital finance through regulation instead of open-ended crypto experimentation. Stablecoins in this model are positioned less as trading assets and more as programmable extensions of national currency, aimed at institutional scale and government use cases.

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