Skip to content

Connecting business. Building understanding. Advancing peace.

Daily BriefVerify a certificateDue Diligence
Become a Member

United Arab Emirates

China–UAE News
Source: Xinhua News Agency

PowerChina Completes Construction on 1.5-Gigawatt Al Ajban Solar Farm in Abu Dhabi

Power Construction Corporation of China is completing engineering, procurement, and construction works on the 1.5-gigawatt Abu Dhabi PV3 Al Ajban solar project. The facility spans approximately 20 square kilometers in northeastern Abu Dhabi and utilizes automated Chinese-made installation robots. Once operational, it is expected to generate 4.4 billion kilowatt-hours of clean electricity annually.

China–UAE News
Source: UAE-China Chamber of Commerce (UECN)

Chinese Contractors Expand Solar, Storage, and Infrastructure Cooperation in UAE

Chinese engineering contractors have expanded their presence across clean energy developments in the UAE, as highlighted during ADIPEC in Abu Dhabi. Projects include PowerChina's 1.5-gigawatt Al Ajban solar plant and an integrated 2.1-gigawatt PV project with 7.75 gigawatt-hours of battery storage. In addition, DEWA International and Shanghai Electric signed an MoU to explore global energy, water, and green hydrogen investments.

Policy & Legal Updates
Source: Khaleej Times

UAE Tech Firms Face Higher First-Year Tax Under R&D Capitalisation Rules

An accounting analysis published by Khaleej Times indicates that UAE technology companies could see their first-year corporate tax bill surge by over 128% depending on how R&D costs are classified. Under IAS 38 rules, capitalising development spending rather than expensing it immediately increases first-year taxable income. The report highlights the need for careful financial planning ahead of the UAE's planned 2026 R&D tax credit launch.

China–UAE News
Source: CGTN

Ras Al Khaimah Opens Guangzhou Gateway and Signs MoUs in Shenzhen

UAE Supreme Council Member and Ruler of Ras Al Khaimah Sheikh Saud bin Saqr Al Qasimi led a high-level delegation to Guangdong Province, inaugurating RAK International (Guangzhou) LLC. The new consultancy serves as a permanent business gateway to connect Chinese investors with corporate opportunities in the emirate. During the RAK-China Business Summit in Shenzhen, the delegation signed several MoUs focusing on manufacturing, clean energy, and artificial intelligence.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy