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China–UAE News
Source: EnterpriseAM

US Midterm Election Scrutiny Threatens Gulf AI Chip Agreements and Tech Ties

US Democrats are threatening congressional investigations into agreements granting Gulf entities license-free access to advanced artificial intelligence semiconductors. The scrutiny is driven by concerns over technology transfer to China and alleged conflicts of interest. However, extensive cross-border investments between Gulf sovereign funds and US AI leaders complicate potential rollbacks.

Policy & Legal Updates
Source: DLA Piper

UAE Issues VAT Fixed Establishment Guidance and Pillar Two Registration Deadlines

DLA Piper reported on new Federal Tax Authority guidance regarding VAT fixed establishment risks for non-resident companies with personnel at client premises. The briefing also highlighted a November 30, 2026 registration deadline for the Pillar Two Qualified Domestic Minimum Top-up Tax for qualifying multinational entities. Pillar Two rules require applicable multinational groups to satisfy a 15% minimum effective tax rate.

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