News
Abu Dhabi Rolls Out Barq Ultra-Fast EV Chargers
The new 360 kW network will feature 50 charging stations with the aim of speeding EV uptake as the UAE pushes toward Net Zero.
Abu Dhabi is deploying an ultra-fast electric vehicle charging network branded Barq, in a move by the Department of Energy (DoE) and TAQA Distribution to hasten the shift to cleaner transport.
More than 50 stations rated at 360 kW will be installed at busy sites across the emirate. Locations include Manarat Al Saadiyat, Mina Market, Burjeel Hospital in Mohammed Bin Zayed City, several spots in Al Ain — UAE University, Tawam Hospital, Al Jimi Mall — and City Mall in Madinat Zayed (Al Dhafra).
The first phase of the project goes live on January 13 during the Abu Dhabi Sustainability Week, where charging will be free for visitors.
Speed is the main promise of the Barq network: Drivers will be able to add roughly 100 kilometers of range in about three minutes. TAQA will grant a free charge after every three paid sessions to nudge adoption, a tactic aimed at early EV owners as well as fleet operators.
Officials are framing Barq as part of a sustainable mobility ecosystem backed by advanced infrastructure. “This is a strategic step in Abu Dhabi’s sustainable mobility journey, providing an advanced charging network that combines speed and reliability,” said Abdulla Humaid Al Jarwan, Chairman of the DoE, who tied the rollout to the UAE’s Net Zero 2050 pledge. TAQA Distribution CEO Omar Al Hashmi said the project reinforces the emirate’s positioning in smart energy and sustainable mobility.
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The push fits into national EV policies and air quality goals that target roughly half the vehicle fleet being electric or hybrid by mid-century. It also dovetails with planning through the Department of Municipalities and Transport, which is coordinating sites and grid upgrades. Battery-electric uptake remains modest across the region, but governments are investing in hardware ahead of mass-market demand.
For the Gulf, the Barq buildout shows climate and diversification agendas moving from targets to infrastructure. Abu Dhabi and Dubai have rolled out EV incentives, while Saudi Arabia and Qatar are setting similar transport targets under economic overhauls tied to their national visions.
News
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.
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”.
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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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