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Advanced Tech Adoption & Innovation Are UAE’s Top Priority
The United Arab Emirates is actively seeking to overcome technological challenges and will explore futuristic approaches to improve the digital economy.
Omar Sultan Al Olama, the UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, has explained that the adoption of advanced technologies is a top priority for the region, as the Emirates continues to push forward with its vision of an advanced digital economy through innovation. Although there are many challenges to overcome, the UAE is making incredible progress across multiple scientific and technological sectors, and has embraced a future-centric approach to developing and overhauling its economy.
Omar Sultan Al Olama recently visited the Industrial Innovation Group (IIG), a leading security printing, biometric and global systems innovator, headquartered in Sharjah. The Minister’s mission was to explore the group’s scientific research lab, uncover new trends in advanced technology, and discuss potential collaboration opportunities.
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The Minister of State for all things digital noted that when it comes to technology, the most innovative and forward-thinking tools must be deployed to ensure safety, quality, and reliability. Omar Sultan Al Olama praised the Industrial Innovation Group for its success in building a sizable operational base, with 263 centers for passports around the globe and 367 centers for licenses. In addition, the IIG group’s 400 intellectual property assets will help the UAE to lead in security documents and technology solutions worldwide.
The Industrial Innovation Group is the first group in the MENA region to establish real industrial production and implement system integration. IIG is the only company in the field of production of identification documents and security printing worldwide that does not depend on third-party technologies in its activities.
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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.
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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