Abu Dhabi is preparing to deploy tens of billions of dollars into ports, pipelines, and logistics to bypass the Strait of Hormuz. Sovereign wealth fund L'imad is anchoring the effort alongside ADNOC and DP World to develop trade infrastructure around Fujairah. The initiative includes plans to privatise Abu Dhabi Ports Co. at an estimated $9 billion valuation.
The UAE General Budget Committee held its 15th meeting to discuss the draft federal budget for the 2027–2029 fiscal period. Officials reviewed preliminary expenditure estimates, revenue forecasts, tax legislation alignment, and the government's 2026 financial position. Directives were issued to complete drafting procedures and assess funding requests for new strategic projects.
The UAE has established compliance timelines for its mandatory electronic invoicing system, requiring large firms to appoint an Accredited Service Provider by October 30, 2026. Entities failing to appoint an approved provider within the statutory deadlines face monthly administrative penalties of Dh5,000. Phased mandatory go-live dates run from January 1, 2027 through October 1, 2027.
Shanghai Robbyant Technology has signed a framework cooperation memorandum with the Arab Federation for Digital Economy at the Global Digital Trade Expo in Hangzhou. The agreement establishes a mechanism to advance full-stack embodied artificial intelligence and robotics deployment across the UAE, GCC, and Middle East. Planned commercial applications span logistics, hospitality, retail, real estate, healthcare, and smart cities.
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Membership
Tell us about your experience and connection to UAE–China business. UECN assesses your application and offers the right membership category — fees are shared privately with your offer.
We send you a one-time sign-in link — your answers are saved as you go.
