Industry News

Dubai Real GDP Reaches AED 473 Billion in First Half of 2026

Dubai's real gross domestic product reached approximately AED 473 billion in the first half of 2026, according to data from the Dubai Data and Statistics Establishment at Digital Dubai. Nominal GDP at current prices grew 0.2 percent to AED 505 billion, despite a 2.3 percent contraction in real GDP compared to H1 2025. Growth was anchored by the healthcare, financial, and construction sectors, offsetting contractions in wholesale and retail trade as well as transport.

China–UAE News

UAE MoHESR and Fudan University Partner on Emirati Student Places and Research

The UAE Ministry of Higher Education and Scientific Research has signed an MoU with China's Fudan University to boost academic and scientific partnerships. The agreement allocates university places for high-achieving Emirati students and supports joint research with UAE federal higher education institutions.

Policy & Legal Updates

UAE 10-Year Golden Visa Broadens Long-Term Residency Beyond Wealthy Investors

The UAE's 10-year Golden Visa framework extends beyond high-net-worth investors to incorporate specialized professionals, including nurses, teachers, and e-sports competitors, according to Fortune. The program enables qualifying talent to secure self-sponsored residency and family sponsorship without requiring a local employer sponsor. This approach aligns with the UAE's broader strategy to attract and retain critical skills across education, healthcare, and digital sectors.

Policy & Legal Updates

UAE Labour Law Clarifies Rules on Employer Penalties and Reward Frameworks

Legal experts clarified statutory provisions governing workplace disciplinary and incentive guidelines under UAE labour legislation. Under Article 13 of Federal Decree-Law No. 33 of 2021, employers with 50 or more workers must implement formal guidelines covering penalties, promotions, work instructions, and terminations. Internal workplace rules must strictly conform to statutory provisions and public order to maintain legal enforceability.