Pre-production units of BYD's Yangwang luxury electric sedan, codenamed Project HU, were spotted on transport flatbeds in China ahead of shipment to the Middle East. Yangwang Sales Division General Manager Hu Xiaoqing confirmed the brand will unveil the model in the UAE. Sources report that BYD is targeting a Dubai debut around November 5, 2026.
China's National Development and Reform Commission has unveiled revised outbound investment measures effective December 1, 2026. The new framework replaces the 2017 rules, expanding regulatory oversight to resident individuals and domestic enterprises. Investors must comply with heightened reporting duties for large-scale reinvestments and major adverse overseas events.
A comparative overview by lovemoney examines personal and commercial tax burdens alongside public services across 25 countries, including the UAE and China. The UAE levies no personal income, capital gains, or inheritance taxes with a 5% VAT, while China imposes income tax brackets between 3% and 45% alongside compulsory social security. Public service provisions differ sharply, from free basic education in China to private healthcare requirements for UAE expatriates.
Real estate industry executives Wissam Breidy and Paula Gambrell have partnered to launch BRDG House, a Dubai-based strategic development company. The co-founders have collectively supervised real estate development, positioning, commercialisation, and sales exceeding AED 30 billion ($8.2 billion). The firm aims to collaborate with developers, investors, funds, and landowners throughout the project lifecycle.
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