Dubai-based Emirates Group reported a 66% decline in first-half profit after tax to AED 3.6 billion ($1 billion) amid high fuel costs and regional conflict. Group revenue fell 12% to AED 66.2 billion, supported by resilient cargo performance despite a 22% drop in passenger numbers. The group maintained robust cash reserves to service debt and fund pre-delivery aircraft payments.
UAE labour authorities have outlined the statutory circumstances where employers are permitted to deduct wages under federal labour law. Lawful deductions include approved savings fund subscriptions, disciplinary penalties, excess wage recovery, and court-ordered debt settlements. The guidance aims to assist private-sector employers and payroll teams in maintaining statutory compliance.
The ADIPEC 2026 conference in Abu Dhabi concluded with over 50,000 commercial agreements valued at roughly US$67 billion, a 26.4% year-on-year rise. Hosted by ADNOC, the event featured prominent international participation from China, the United States, and Italy.
China's National Development and Reform Commission has issued new Administrative Measures for Outbound Investment, which take effect on December 1, 2026. The new framework replaces NDRC Order No. 11 and codifies procedural requirements for Chinese enterprises investing abroad, including in the UAE. The measures retain a risk-based review structure while streamlining verification for eligible non-sensitive outbound transactions.
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