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United Arab Emirates

Policy & Legal Updates
Source: Khaleej Times

AI Can Boost Arab Tax Collection if Supported by Strong Governance, AMF Reports

The Arab Monetary Fund stated that artificial intelligence can assist Arab governments in improving tax collection and strengthening public finances, provided robust governance frameworks are in place. The assessment was presented in Abu Dhabi during the 17th Ordinary Session of the Council of Arab Finance Ministers alongside the fund's Golden Jubilee. Regional finance leaders examined fiscal policies, AI integration in revenue administration, and resilience to geopolitical volatility.

Policy & Legal Updates
Source: Gulf News

UAE Launches Third National Risk Assessment on Financial Crime and Proliferation Financing

The UAE has launched the third cycle of its National Risk Assessment on money laundering, terrorist financing, and proliferation financing. Announced during the 15th United Nations Congress on Crime Prevention and Criminal Justice in Abu Dhabi, the initiative brings together 84 authorities and the private sector. The assessment aims to refine risk-based supervisory plans and strengthen private sector compliance frameworks.

Policy & Legal Updates
Source: thenationalnews.com

AMF Marks 50th Anniversary With Over $11.8bn In Financing Across Arab States

The Arab Monetary Fund celebrated its 50th anniversary in Abu Dhabi, having provided more than $11.8 billion in financing to member states since 1976. During the event, UAE officials reaffirmed the country's commitment to international tax standards, including the application of a domestic minimum top-up tax from 2025, and announced plans to convert 50 percent of federal services to agentic AI models within two years.

Industry News
Source: Gulf News

Ras Al Khaimah and Skyports Sign Binding Deal for 2027 Air Mobility Network

Ras Al Khaimah Transport Authority and Skyports Infrastructure have signed a binding Definitive Agreement to build and operate a four-vertiport Advanced Air Mobility network. The first phase will connect Al Marjan Island and Jebel Jais, targeting commercial launch in the third quarter of 2027. Future expansion plans include two additional vertiports and an inter-emirate connection to Dubai.

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