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Ras Al Khaimah Economic Zone and RAKBANK have launched a 60-minute business bank account opening service for RAKEZ-licensed companies. The offer includes a zero minimum balance requirement and discounted monthly maintenance fees of AED 49 for the first 12 months. Eligible clients also receive fee waivers on domestic and international transfers through October 31, 2026.
Dubai Airports has published a 'Know before you go' advisory detailing prohibited goods, customs declaration thresholds, and baggage rules for travellers using Dubai International Airport (DXB). Arriving passengers must declare cash, negotiable instruments, and valuables exceeding Dh60,000, as well as commercial goods and gifts valued above Dh3,000. The guide also outlines complete bans on items such as narcotics and betel leaves, alongside strict packaging restrictions for smart baggage and toiletries.
Chinese fuel exporters have cancelled planned October shipments of diesel and gasoline to safeguard domestic inventories. The export halts follow reduced refined product flows from the Persian Gulf caused by refinery outages and shipping constraints. Supply deficits along Asia-Gulf trade routes were further compounded by an extension of Russian diesel export restrictions.
Abu Dhabi Global Market confirmed a 54 percent growth in assets managed by free zone firms over the past 12 months. Entity investments in artificial intelligence surpassed $100 billion, driven primarily by tech investment firm MGX. Abu Dhabi also rose to 13th globally in the Global Financial Centers Index published by Z/Yen and China's CDI.
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