Explore the industries creating new opportunities for cooperation across both markets.
Each industry contains news, briefs, research and interviews.
A supertanker chartered by commodity merchant Trafigura to transport crude from the U.S. Gulf Coast to China was fixed at an unprecedented $76 million. Middle East producers' ship-to-ship shuttle transfers in the Strait of Hormuz have restricted global fleet availability. On a 2-million-barrel cargo, the freight cost equates to approximately $38 per barrel.
Dubai Municipality has identified more than 44 areas across the emirate where buildings and villas may be allocated for shared housing under Law No. (4) of 2026. The newly issued planning guide mandates minimum space requirements and restricts buildings to either individual or family accommodation. Property owners and leasing operators have been granted a one-year period running from September 8, 2026, to regularise existing properties.
Billionaires who left or loosened ties with the United Kingdom over the past two years represent an estimated $160 billion in combined wealth, according to Fortune and Bloomberg calculations. The departures have been driven by UK tax changes, including the end of the non-domiciled regime and higher capital gains taxes. The United Arab Emirates, Monaco, and Switzerland have emerged as primary relocation destinations.
Dubai-based corporate consultancy Avyanco has launched an end-to-end UAE business formation package priced at AED 10,499. The fixed-fee offering covers trade licensing, flexi-desk registration, investor visas, banking assistance, and corporate tax registration. The service is designed for local and foreign entrepreneurs to provide clear upfront pricing.
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