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China–UAE News
Source: Seatrade Maritime

Jiangsu Ocean Shipping Launches Middle East Branch and Partners With DP World

Jiangsu Ocean Shipping has officially launched branch operations in the Middle East and Vietnam to expand parent company Jiangsu Port Group's footprint under the Belt and Road Initiative. Jiangsu Port Group also signed a strategic cooperation agreement with UAE port operator DP World. The partnership will focus on marine terminals, shipping routes, cargo acquisition, and end-to-end logistics solutions connecting China with the region.

Policy & Legal Updates
Source: China Briefing

Asia Transfer Pricing Brief Highlights Q2 2026 Updates in UAE, Singapore, and Vietnam

China Briefing reported key transfer pricing updates across Asia and the Middle East for the second quarter of 2026. In the UAE, Ministerial Decision No. 96 of 2026 adopted the latest OECD Pillar Two guidance, while Singapore clarified rules for share-based compensation and Vietnam issued Decree No. 255/2026/ND-CP. Foreign-invested enterprises are advised to review existing intercompany pricing policies against the revised frameworks.

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