Retail, e-commerce, hospitality and tourism
Iraqi authorities have closed several border crossings with Iran, suspending passenger and commercial freight transit via the Al Sheeb crossing. An adviser to Prime Minister Ali Al Zaidi cited security breaches, smuggling, and unauthorized entries. The sudden closures prompted protests by lorry drivers in Maysan province.
The UAE permits eligible visitors to extend tourist and visit visas without leaving the country, subject to specific regulatory caps. Tourist visa holders can extend their stay up to a cumulative 120 days, while visas for family visits, job hunting, or business exploration are capped at 180 days. Extensions must be submitted through sponsors, and visitors who overstay without an extension incur a Dh50 daily penalty with no automatic grace period.
Keeta UAE, the food delivery platform established by Chinese technology group Meituan, completed its first full year of operations across the Emirates on September 29, 2026. General Manager Lucas Xie stated that the platform achieved nationwide coverage across all seven emirates within twelve months. The company adapted proprietary dispatch and routing technologies developed in China to suit local logistics conditions.
Luckin Coffee Inc. has appointed Philip Yifei Bao, Director of Private Equity China at Abu Dhabi's Mubadala Investment Company, to its board of directors. The appointment expands the Chinese coffee chain's board to ten members and deepens governance ties with the UAE sovereign wealth fund.
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