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China–UAE News
Source: South China Morning Post

Analysis Evaluates Resilience of Gulf Aviation Hubs Amid Regional Conflict

An analysis published in the South China Morning Post examines geopolitical pressures facing major Gulf aviation hubs in Dubai, Abu Dhabi, and Doha. Passenger traffic at Dubai International dropped 31.3 percent year-on-year in the first half of 2026 following strikes, airspace closures, and heightened operating risks. The author questions whether the region's dominant hub-and-spoke transit model connecting the West and Asia can maintain its pre-conflict market share.

Industry News
Source: China Daily

Gulf Energy Pressures and AI Infrastructure Reshape Asia Trade Finance

International Monetary Fund Managing Director Kristalina Georgieva warned that elevated energy prices will likely persist even after Gulf conflict subsides, with Strait of Hormuz navigation risks hitting Asian and Chinese supplies. Concurrently, senior transaction bankers reported that energy security and AI infrastructure expansion are driving higher working capital requirements and shifting trade finance patterns across Asia.

Policy & Legal Updates
Source: Emirates News Agency (WAM)

UAE Federal Tax Authority Issues Guide on Scope and Registration for Top-Up Tax

The UAE Federal Tax Authority has issued a new guide regarding scope and registration for the Top-up Tax on multinational enterprises. The document supports multinational enterprise groups in understanding obligations under the Qualified Domestic Minimum Top-up Tax regime and OECD/G20 Pillar Two framework. It details in-scope criteria, registration timelines, and reporting requirements ensuring an effective tax rate of at least 15%.

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