A UAE delegation led by the Ministry of Industry and Advanced Technology concluded participation in the China International Industry Fair 2026 in Shanghai. Officials met Chinese firms to explore partnerships in robotics, automation, and smart manufacturing under the Factory Forward UAE program.
The UAE Ministry of Finance issued Ministerial Decision No. 197 of 2026, removing mandatory transaction pre-approvals and offering a two-year transitional exemption for internal cross-entity transactions under the Electronic Invoicing System. Concurrently, Federal Tax Authority Decision No. 17 of 2026 clarifies corporate tax and VAT rules for deductible employee expenses including transport, accommodation, and mobile devices.
Sheikh Saud bin Saqr Al Qasimi inaugurated Ras Al Khaimah's first business consultancy in Guangzhou on October 21, 2026. The consultancy serves as a permanent base to connect the emirate with Chinese businesses. The opening follows a cooperation agreement signed with Guangdong Province in November 2024.
A senior UAE delegation led by Undersecretary for Energy and Petroleum Affairs Eng. Sharif Al Olama has concluded a five-day mission in China. Bilateral discussions in Shanghai explored joint investments in battery storage, hydrogen, nuclear energy, and smart electric vehicles. Delegates also inspected automated logistics operations at the Port of Shanghai's Yangshan Phase IV terminal.
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