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Policy & Legal Updates
Source: Arabian Business

UAE Ministry of Finance Issues Updated E-Invoicing Accreditation Regulations

The UAE Ministry of Finance has introduced updated accreditation regulations for electronic invoicing service providers through Ministerial Decision No. 168 of 2026. Taking effect on October 1, 2026, the framework removes the previous pre-approval phase and mandates formal assessments and technical testing. Service providers remain directly liable for regulatory compliance even if third-party Peppol solutions or technical outsourcing are utilized.

Industry News
Source: Seetao

ACWA Power and Prolos Partner on China Renewable Energy and Storage Projects

Saudi developer ACWA Power has signed a strategic partnership framework with Prolos China to explore renewable energy investments across China. The initiative focuses on centralized wind power, photovoltaic solar installations, and energy storage assets. The agreement supports ACWA Power's broader target of deploying $30 billion in China by 2030 across green power, desalination, and green hydrogen.

China–UAE News
Source: Simply Wall St

Luckin Coffee Appoints Abu Dhabi Mubadala Executive to Board of Directors

Luckin Coffee appointed Philip Yifei Bao of Abu Dhabi's Mubadala Investment Company to its board on October 8, 2026. The move follows Mubadala's participation alongside Centurium Capital in an investment valued at approximately $1 billion. The Chinese coffee company has reached 100 outlets in Singapore and is evaluating expansion into the Gulf region.

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