The Sharjah Space and Astronomy Hub received an official delegation from China's Innovation Academy for Microsatellites. The meeting focused on reviewing cooperation on ongoing satellite projects and identifying joint research and technology transfer opportunities. Both sides agreed to pursue structured frameworks for partnerships in space technology.
The Abu Dhabi Department of Economic Development has announced a one-year regulatory extension allowing Tajer Abu Dhabi licence holders to operate without physical premises. The measure applies to entrepreneurs whose exemptions were scheduled to expire during 2026. Authorities aim to lower startup capital requirements and enhance operational flexibility for early-stage businesses.
Eversheds Sutherland has been named an Approved Certification Body under DIFC Regulation 10. The designation allows the firm's Konexo arm to conduct AI readiness audits and issue compliance certifications in the free zone.
The UAE Cabinet has issued Cabinet Decision No. 149 of 2026, amending the UAE VAT Executive Regulations. The update introduces an output-based input tax apportionment ratio under Article 55 for partially exempt businesses. General changes take effect on 1 October 2026, while the revised apportionment rules apply from the first tax year starting after 1 October 2027.
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