Gulf technology firms and institutional investors are opening secondary operational bases in Hong Kong and Singapore amid regional tensions. A dual-hub model is being adopted to direct Middle Eastern capital into Asian AI data centres and multicurrency payment rails. Dubai-based trading platform xBratAI advanced its Hong Kong expansion to early 2026 due to regional conflict.
UAE businesses are completing tax computations and documentation ahead of the September 30, 2026, corporate tax filing deadline for the tax year ending December 31, 2025. The deadline marks the second compliance cycle under Federal Decree-Law No. 47 of 2022. Tax experts warn against common filing errors, unsupported deductions, and penalties for late submission and payment.
Oil loading operations at the UAE's Port of Fujairah resumed following a drone attack and fire, though it remained unclear if operations were fully back to normal. An Indian-flagged tanker carrying 80,800 tonnes of Murban crude departed safely for India after the strike. The port remains a vital strategic export bypass located outside the Strait of Hormuz.
Addressing the United Nations General Assembly, Yemen's Presidential Leadership Council Vice President Abdullah al-Alimi stated that safeguarding the Bab al-Mandab Strait is a shared regional and international duty. He warned that maritime instability in the Red Sea and Gulf of Aden holds the global economy and international supply chains hostage. Al-Alimi urged world leaders to provide stronger security assistance to Yemen's recognized government and curb arms proliferation to Houthi forces.
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