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Finance & Investment

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

Policy & Legal Updates
Source: Legit.ng

UAE Clarifies Residency Rules for Dependants Following Golden Visa Holder’s Death

The UAE Federal Authority for Identity, Citizenship, Customs and Port Security confirmed that dependants sponsored by a primary Golden Visa holder are not required to leave the country immediately upon the holder's death. Sponsored family members may legally remain in the UAE until their valid residency permits expire. The 10-year Golden Visa permits holders to sponsor spouses, domestic workers, and children of any age.

Industry News
Source: Emirates 24|7

Startups From Italy, Tunisia, and Sri Lanka Relocate to UAE Innovation Ecosystem

Entrepreneurs from Italy, Tunisia, and Sri Lanka have relocated projects to the UAE to scale and access international markets. Innovations spanning AI prosthetics, smart footwear, and digital finance were showcased at Ajman Chamber's inaugural Thara Connect forum. Founders cited the country's business climate, talent availability, and digital infrastructure as key drivers.

Industry News
Source: UECN

Oman and China Establish $800 Million Joint Fund Across Broad Cooperation Package

The Oman Investment Authority and China's Silk Road Fund have signed a preliminary term sheet to establish an $800 million joint investment fund. The initiative is part of a 23-agreement bilateral package signed during a state visit to Beijing. Other deals involve China Merchants Bank, IDG Capital, JD.com, Huawei, and industrial projects across logistics, artificial intelligence, and energy.

Industry News
Source: TradingView

Robo.ai Reports $280M Revenue and Outlines Priorities in Shareholder Letter

Dubai-based Robo.ai Inc. reported revenue exceeding $280 million for June through September 2026 and issued a full-year revenue outlook of approximately $600 million. In a letter to shareholders, Chief Executive Officer Benjamin Zhai outlined key operational targets, upcoming tech showcases, and manufacturing expansion in Umm Al Quwain. The company also paused new variable-price equity financing and began split-adjusted trading on Nasdaq.

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