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United Arab Emirates

Industry News
Source: Yahoo Finance

Temasek to Open First Middle East Offices in Abu Dhabi and Riyadh

Singapore state investor Temasek Holdings announced plans to establish its first Middle East offices in Abu Dhabi and Riyadh in the first half of 2027, subject to regulatory approvals. The strategic hubs are designed to deepen regional partnerships and accommodate co-located portfolio companies targeting the Gulf, Central Asia, and Africa. As of March 31, 2026, Temasek managed a net portfolio valued at S$518 billion ($405.5 billion).

Industry News
Source: The New York Times

Binance Founder Changpeng Zhao Settles in Abu Dhabi Following US Prison Term

Binance founder Changpeng Zhao is living in Abu Dhabi following the completion of a four-month U.S. prison sentence and a presidential pardon from Donald Trump. According to The New York Times, Zhao retains majority ownership of Binance and a net worth exceeding $10 billion. The report notes UAE leadership is seeking his collaboration in expanding the country's technology powerhouse ambitions.

Policy & Legal Updates
Source: Gulf News

UAE Labour Regulations Clarify Unused Annual Leave Entitlements Upon Resignation

Private-sector employees in the UAE are entitled to cash compensation for accrued, untaken annual leave when resigning or leaving a job, according to UAE Labour Law guidance published by Gulf News. Payouts for unused leave in final settlements are calculated on the worker's basic salary rather than total compensation. Regulations also permit carrying forward up to half of an annual leave balance or receiving cash in lieu upon agreement with the employer.

Policy & Legal Updates
Source: Yen.com.gh

UAE Outlines 10-Year Golden Visa Eligibility Criteria for Exceptional Talent Categories

The UAE has released qualifying criteria for its 10-year Golden Visa covering creative, scientific, sports, and specialized professional fields. According to the Identity, Citizenship, Customs and Ports Authority, the scheme grants renewable decade-long residency to eligible applicants and their families without a national sponsor. Specialized professionals must earn at least AED 30,000 monthly, hold a bachelor's degree, and carry comprehensive health insurance.

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