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Finance & Investment

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

Policy & Legal Updates
Source: Alketbi Law Firm

UAE Cabinet Amends VAT Executive Regulation Under Decision No. 149 of 2026

The UAE Cabinet has issued Cabinet Decision No. 149 of 2026, introducing wide-ranging amendments to the Value Added Tax Executive Regulation. Most provisions take effect on October 1, 2026, revising rules across ten key areas including composite supplies, cash purchase deductions, and healthcare goods. A revised standard input tax apportionment mechanism will be deferred until after October 1, 2027.

China–UAE News
Source: Mubadala Investment Company

Mubadala Partners with Rolex Shanghai Masters in First Asian Sports Sponsorship

Abu Dhabi sovereign investor Mubadala Investment Company has signed an official sponsorship agreement with the Rolex Shanghai Masters tennis tournament. The partnership marks Mubadala's first sports sponsorship in Asia and its first collaboration with an ATP 1000 event. The sovereign fund has invested in China since 2015 and maintains an office in Beijing.

Policy & Legal Updates
Source: VATupdate

UAE Sets Strict Conditions for Input VAT Recovery on Employee Expenses

The UAE Federal Tax Authority issued FTA Decision No. 17 of 2026, defining specific conditions for taxable businesses to recover input VAT on employee expenses. Effective October 1, 2026, the framework regulates benefits provided free of charge, including accommodation, transport, meals, and medical insurance. Businesses cannot claim VAT if cash alternatives are offered or if supplies serve personal benefits.

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