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Finance & Investment

Banking, fintech, funds, capital markets and cross-border investment

Policy & Legal Updates
Source: Laodong.vn

US Reports Progress on Iran Isolation as UAE Restricts Flights and Banking Links

US Treasury Secretary Scott Bessent announced that global diplomatic pressure has yielded restrictions on Iranian aviation and banking networks. The UAE has suspended all flights by Iranian airlines and blocked transactions via Bank Melli branches, while smaller Iranian carriers continue operating routes to China. Turkey and Oman have also halted flights from Mahan Air, and Turkey revoked Bank Mellat's operating license.

China–UAE News
Source: IntelliNews

UAE’s XRG Considers Buying Stake in LNG Canada from PetroChina

Abu Dhabi's state-owned XRG is exploring the acquisition of an equity stake in the Shell-led LNG Canada project in British Columbia. The company has held talks with existing partners, including PetroChina, to purchase a portion of their holdings. LNG Canada has an annual capacity of 14 million metric tons and primarily supplies Asian markets, including China.

Policy & Legal Updates
Source: ZAWYA

UAE Outlines Expansion of International Judicial Cooperation and Cross-Border Legal Agreements

UAE Minister of Justice Abdullah Sultan bin Awad Al Nuaimi detailed the country's international judicial framework during the 15th UN Crime Congress in Abu Dhabi. The UAE maintains more than 140 bilateral agreements across 53 countries and is a party to 16 multilateral conventions. Official figures show incoming mutual legal assistance requests grew by 244 percent between 2021 and 2025.

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