Middle East

Policy & Legal Updates

Dentons Outlines Contractual Safeguards for Managing Sanctions and AML Risks in UAE

Global law firm Dentons published legal analysis warning companies that standard compliance language stating an obligation to comply with applicable laws is often insufficient to address changing sanctions and financial crime risks. The firm highlighted risks faced by UAE entities when counterparties become subject to foreign sanctions regimes not mirrored in local law. Dentons recommended drafting explicit contractual rights permitting information audits, performance suspensions, and contract terminations.

China–UAE News

China’s Wang Yi Meets UAE Presidential Special Envoy in Beijing

Chinese top diplomat Wang Yi met with UAE presidential special envoy Khaldoon Khalifa Al Mubarak in Beijing on Tuesday. The two sides reviewed their Comprehensive Strategic Partnership and discussed ways to expand cooperation across key sectors. Wang reiterated that China will continue to play a constructive role in promoting regional peace and a comprehensive ceasefire in the Middle East.

Policy & Legal Updates

China to Cut NEV VAT Export Rebate to 9% in April 2027

China's tax authorities announced a reduction in the value-added tax export rebate for new energy vehicles from 13 percent to 9 percent, effective April 1, 2027. The measure affects battery electric and plug-in hybrid vehicle shipments to foreign markets including the Gulf. Domestic consumption tax refund and exemption structures remain unchanged.

China–UAE News

Jiangsu Ocean Shipping Launches Middle East Branch and Partners With DP World

Jiangsu Ocean Shipping has officially launched branch operations in the Middle East and Vietnam to expand parent company Jiangsu Port Group's footprint under the Belt and Road Initiative. Jiangsu Port Group also signed a strategic cooperation agreement with UAE port operator DP World. The partnership will focus on marine terminals, shipping routes, cargo acquisition, and end-to-end logistics solutions connecting China with the region.