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Industry News

Explore the industries creating new opportunities for cooperation across both markets.

Each industry contains news, briefs, research and interviews.

Policy & Legal Updates
Source: Arabian Business

Dubai Launches Direct Platform Visa Applications and Five-Year Access Club

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum introduced new regulatory and digital initiatives permitting visitors to apply directly for tourist visas through the Visit Dubai platform starting November 2026. The launch also features the invitation-only Dubai Access Club, offering repeat visitors a five-year multi-entry visa permitting stays of up to 90 days annually. Visa applications continue to be vetted and formally approved by the General Directorate of Residency and Foreigners Affairs.

Policy & Legal Updates
Source: Politics Today

Oman Proposes Preferential Trade and Investment Agreement with China During Beijing Visit

Oman has proposed establishing a preferential bilateral trade and investment agreement with China during talks between Sultan Haitham bin Tariq al-Said and President Xi Jinping in Beijing. The proposed initiative seeks to expand commercial exchanges and create joint investment funds in renewable energy, artificial intelligence, digital technologies, space, and defense. President Xi welcomed closer bilateral ties, describing deepened cooperation with Oman as a shared strategic choice.

Industry News
Source: EnterpriseAM

Sisco-Backed GDI Completes SAR 230 Million Acquisition of UAE Cold-Chain Specialist Transcorp

Saudi-listed SISCO Holding announced that portfolio company Green Dome Investments has closed the 100% acquisition of Dubai-based Transcorp International for SAR 230 million (AED 225 million). The transaction was funded through equity from GDI shareholders, including approximately SAR 77 million from SISCO, marking the exit of Crescent Enterprises' CE-Ventures. Transcorp's UAE and Qatar operations will merge into GDI subsidiary Elite Co., creating a platform managing 1,500 vehicles and 27 warehouses across five GCC markets.

Policy & Legal Updates
Source: The Sunday Guardian

Dubai Accelerates Shift From Tax Haven to Global Wealth Management Hub

Dubai is transitioning beyond traditional low-tax company formations toward structured wealth management and family offices, according to a report published by The Sunday Guardian. Data shows the Dubai International Financial Centre recorded a 54 percent rise in funds and a 73 percent surge in family offices in 2025. Entrepreneurs are increasingly leveraging DIFC and ADGM holding structures to manage global assets and navigate international compliance.

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