Authorities in Abu Dhabi have reiterated the eligibility criteria for skilled foreign workers seeking a five-year residency Green Visa. Applicants must hold a valid UAE employment contract, meet specific skill levels, and possess at least a bachelor's degree. The visa enables self-sponsorship without a local employer sponsor.
Chinese independent refiners have increased imports of crude from Iraq and Qatar for October and November delivery to replace dwindling Iranian supplies. Private refineries purchased between 15 million and 20 million barrels of Gulf crude through major international trading houses. Delivered cargoes commanded premiums ranging from $12 to $20 per barrel above ICE Brent.
Abu Dhabi sovereign wealth fund Mubadala Investment Company has agreed to acquire a strategic minority equity stake in Luckin Coffee in a deal valued at approximately $1 billion. The investment aims to support Luckin's technology-driven operations and international retail expansion. The transaction occurs as Chinese coffee operators shift focus toward store productivity and sustainable margins.
The Trade in Services and Investment Agreement between the UAE and Belarus officially took effect on October 7, 2026. Signed in Minsk, the treaty lowers market access barriers and enhances legal protections for cross-border investors and service providers. Sectors covered include financial services, logistics, consulting, healthcare, and technology.
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