News

Policy & Legal Updates

UAE Visa Cancellations Not Bangladesh-Specific as 626 Nationals Affected, Says State Minister

Bangladesh's State Minister for Foreign Affairs Shama Obaed Islam clarified that recent automatic UAE visa cancellations affected 626 Bangladeshi nationals, refuting reports of 5,000 cases. The cancellations also impacted citizens from Pakistan, Egypt, the Philippines, and Nepal. Bangladesh has submitted 417 cases to UAE authorities for renewal while warning expatriates against document forgery and regulatory violations.

China–UAE News

Mubadala Completes $1 Billion Strategic Minority Investment in China’s Luckin Coffee

Abu Dhabi sovereign wealth fund Mubadala Investment Company has completed an approximate $1 billion strategic minority investment in Chinese coffee chain Luckin Coffee alongside Centurium Capital. The transaction was structured as a secondary share transfer, meaning no proceeds entered Luckin Coffee's accounts. Luckin generated CNY 49.288 billion in net revenue in 2025 across 36,310 stores.

China–UAE News

Chinese Business Leaders Highlight Dubai as Expansion Hub Ahead of Shenzhen Forum

Senior executives from prominent Chinese enterprises have described Dubai as a strategic hub for regional and global expansion ahead of the upcoming Dubai Business Forum – China. The event, hosted by Dubai Chambers in Shenzhen on 14 October, will focus on advancing bilateral trade, investment, and technology partnerships. Executives from firms including Huawei Cloud and Tencent Cloud emphasised Dubai's value in scaling artificial intelligence and digital innovations internationally.

Policy & Legal Updates

UAE Ministry of Finance Convenes Customer Council on Bureaucracy Reduction and AI

The UAE Ministry of Finance held a Customer Council session in Dubai under Phase Three of the Zero Government Bureaucracy Programme. The meeting addressed simplifying federal financial procedures and exploring Agentic AI to automate services. The council also established governance benchmarks for upcoming automated corporate financial and tax processes.