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Policy & Legal Updates
Source: Emirates News Agency (WAM)

Shams Free Zone and Mashreq NEO BIZ Partner on Banking and Tax Enablement

Sharjah Media City hosted the second edition of 'Shams Connect' in partnership with Mashreq NEO BIZ to assist startups and business owners. The initiative integrates corporate bank account opening into the licensing process and offers compliance guidance. Officials from the Federal Tax Authority also provided briefings on recordkeeping and mandatory e-invoicing obligations.

Industry News
Source: Al Majalla

QatarEnergy Secures $3 Billion Loan from Chinese Banks for Ras Laffan Facilities

State-owned QatarEnergy has finalized a $3 billion syndicated loan facility backed by four major Chinese commercial and policy banks. The financing will fund upgrades, repairs, and logistics at Ras Laffan to maintain LNG exports amid maritime risks. According to Al Majalla, Chinese commercial lending to Gulf borrowers reached $11.5 billion in 2025.

Industry News
Source: PR Newswire

Investcorp and Singapore Gulf Bank Sign Agreement on Banking and Investment Services

Bahrain-based alternative asset manager Investcorp signed a memorandum of understanding with Singapore Gulf Bank to explore banking and investment collaboration. The framework covers banking, settlement, and payment mechanisms to support capital deployment across Investcorp's strategies. It also aims to establish distribution channels for clients in the Gulf and Asia.

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