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'UAE will be the centre for money,' says Binance founder Changpeng Zhao - The National

The National · May 4

Binance founder Changpeng Zhao (CZ) stated his belief that the United Arab Emirates is poised to become a global center for money. He highlighted the UAE's proactive stance in creating a favorable environment for cryptocurrency and blockchain innovation. CZ's comments underscore the country's growing influence in attracting digital finance and technology businesses. Why it matters: This reflects the UAE's strategic efforts to establish itself as a leading hub for the digital economy, including sectors like AI, by attracting major global players and fostering innovation.

Citadel CEO brings vital industry knowledge to UAE

MBZUAI · Invalid Date

Citadel Securities CEO Dr. Peng Zhao will lecture on AI, Machine Learning, and the Economy at the MBZUAI Executive Program. Zhao, who holds a Ph.D. in statistics from UC Berkeley, became CEO of Citadel in 2017. The MBZUAI Executive Program aims to support the UAE's mission to become a world leader in AI through education and capacity building. Why it matters: The lecture highlights the UAE's commitment to attracting global expertise in AI and integrating it into its leadership development initiatives.