Chinese customs data indicates crude oil imports from the UAE rose 5 percent year-on-year to 733,000 barrels per day in September 2026. Conversely, shipments from Saudi Arabia and Iraq fell substantially, driving an overall 20 percent drop in total imports. Chinese refiners offset Gulf shortfalls by boosting purchases from Russia and Brazil.
A UAE delegation concluded its participation in the China International Industry Fair 2026 in Shanghai, focusing on automation and smart manufacturing. Led by the Ministry of Industry and Advanced Technology, Emirati officials met with Chinese robotics leaders to discuss pilot projects and supply-chain localization. The discussions aim to support the domestic Factory Forward UAE initiative.
The UAE concluded participation in the China International Industry Fair 2026, targeting robotics partnerships for local manufacturing. Concurrently, DEWA International signed four MoUs at WETEX 2026, including a partnership with China Energy International Group for energy and infrastructure projects.
The UAE Ministry of Finance has issued Ministerial Decision No. 197 of 2026, updating the executive rules for the Electronic Invoicing System with effect from October 1, 2026. The amendments eliminate the local data storage requirement and remove mandatory two-day failure notifications to tax authorities. A 24-month temporary exclusion is also introduced for transactions between members of the same tax group starting January 1, 2027.
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