SunExpress announced updated airport procedures for passengers traveling to Damascus, Syria, effective November 12. All passengers, including digital pass holders, must collect a physical boarding pass at airport counters. Check-in desks at Damascus International Airport will open three hours prior to departure due to heightened security checks.
Chinese President Xi Jinping welcomed Oman's Sultan Haitham bin Tariq in Beijing for a state visit on November 2, 2026. The two nations signed multiple commercial and energy agreements and issued a 20-point joint declaration prioritizing maritime security in the Strait of Hormuz. Beijing also reaffirmed its intent to enhance trade and energy collaboration across Gulf Cooperation Council members.
In an interview with International Tax Review following the IFLR/ITR Middle East Awards 2026, Eptalex Global Chairman Ramy Torbey detailed major tax trends across the region. Torbey noted that the introduction of UAE corporate tax and free zone qualifying income rules has turned transfer pricing into a Gulf-wide compliance issue. He highlighted growing demand for restructuring cross-border family wealth and intercompany arrangements using Abu Dhabi Global Market and Dubai International Financial Centre foundations.
The People's Bank of China and the Central Bank of Oman have signed a five-year bilateral currency swap agreement valued at 30 billion yuan ($4.5 billion). The central banks also signed a memorandum of understanding covering central bank digital currencies and cross-border payment cooperation during Sultan Haitham bin Tarik's state visit to Beijing. The pact broadens China's monetary cooperation network in the Gulf alongside existing arrangements with the UAE.
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