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Mercedes Concept EQG Electric G-Class Revealed In Munich
The popular G-Class is finally going electric.
Just like most other car manufacturers, Mercedes-Benz is electrifying its product range, and the equally iconic and polarizing G-Class won’t be an exception. At the 2021 IAA Mobility show in Munich, the German car manufacturer showed its Concept EQG, an electrified version of the original “G-Class” that, at least according to Mercedes-Benz, refuses to compromise when it comes to off-road capabilities.
“A cross-country vehicle which has remained true to itself for more than 40 years ventures a step into the future,” states Mercedes-Benz on the retro futuristic Concept EQG web page. “The Concept EQG combines its iconic origin and uncompromising off-road capabilities with futuristic elements of the Mercedes-EQ world.”
To promote the new car, Mercedes-Benz filmed an epic 70s space opera that explores the future of mobility, reminding us all that our present, with cars like the Concept EQG soon to be available for purchase, would like the future to people 50 years ago.
The Concept EQG has a striking two-tone paint job and an illuminated grille that reminds us of the Suzuki Jimny. Additional LED lights can be found on other sides of the vehicle as well, including an LED light bar at the front and a third brake light at the back.
Mercedes-Benz hasn’t released much technical information yet, but we know that the Concept EQG has four electric motors mounted close to the wheels. The motors are mated to a shiftable two-speed gearbox, whose goal is to ensure that the car has enough off-roading capabilities to overcome even the trickiest obstacles.
Also Read: The Lamborghini Countach Is Back As A Hybrid
Since the current version of the electric G-Class is nearly ready for production, it’s unlikely to change dramatically before it rolls off the production line for the first time. Unfortunately, we don’t know when that will be, so we all have to patiently wait and hope it won’t be too far in the future.
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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”.
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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