News
Amazon Web Services Announces Its Plans To Open A Data Center In UAE
The company is also investing in local education initiatives and training programs to nurture the latent it needs to support its expansion.
Determined to strengthen its global infrastructure, Amazon Web Services (AWS), a subsidiary of Amazon providing on-demand cloud computing platforms, has just announced its plans to open a new data center in the United Arab Emirates (UAE) in the first half of 2022.
AWS currently has 80 Availability Zones across 25 geographic Regions. Once opened, the UAE data center will become AWS’s second Region in the Middle East, along with an existing in Bahrain.
“We are excited to build on the great momentum of cloud adoption in the Middle East by providing more choice for customers in the UAE to run applications and store data locally,” said Peter DeSantis, Senior Vice President of Global Infrastructure at AWS.
In addition to enabling e local customers with data residency requirements to keep their data inside the UAE, the new Region will also ensure low latency across the country when using Amazon’s growing suite of cloud services, which includes everything from storage to computer to analytics.
The UAE has been heavily focusing on becoming a thriving global hub for entrepreneurs and global enterprises alike by promoting technology innovation, and the new AWS Region will put it one step closer to achieving its goal.
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“AWS’s expansion into the UAE is a testament to our rapidly growing innovation ecosystem that will benefit from access to the world’s leading cloud platform and its advanced technologies and solutions,” said His Excellency Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development.
In the near future, Amazon Web Services would like to launch 18 more Availability Zones and six more AWS Regions in Australia, India, Indonesia, Spain, Switzerland, and the United Arab Emirates. The company is also investing in local education initiatives and training programs to nurture the latent it needs to support its expansion.
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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