Skip to content

Connecting business. Building understanding. Advancing peace.

Policy & Legal Updates
Source: Dainik Jagran MP CG

China Enforces 20 Percent Tax on Offshore Trusts and Wealth Assets

Chinese authorities have intensified tax enforcement against wealthy individuals and offshore assets, levying a 20 percent tax on offshore trust gains and income. Taxpayers have been given a 90-day window ending October 22 to declare and settle liabilities dating back to January 2023. The drive follows declining local land-sale revenue and uses Common Reporting Standard information sharing.

Policy & Legal Updates
Source: Gulf News

UAE Urges Stronger Judicial Cooperation at UN Crime Congress in Abu Dhabi

The UAE has called for enhanced international judicial cooperation to address cross-border organised, cyber, financial, and environmental crimes during the 15th United Nations Congress on Crime Prevention and Criminal Justice in Abu Dhabi. Mubarak Al Neyadi, Undersecretary of the UAE Ministry of Justice, emphasised the need for resilient justice systems supported by information sharing and capacity-building. A key outcome of the gathering is the adoption of the Abu Dhabi Declaration, establishing a five-year roadmap for international legal partnerships.

Industry News
Source: Government of Hong Kong SAR

Hong Kong Financial Secretary Visits Qatar to Deepen Gulf Financial and Trade Cooperation

Hong Kong Financial Secretary Paul Chan arrived in Doha to advance economic, trade, and financial cooperation between mainland China, Hong Kong, and the Gulf region. During the visit, Chan met with Asian Infrastructure Investment Bank President Zou Jiayi and Qatari Finance Minister Ali bin Ahmed Al Kuwari. Discussions centered on green finance, catastrophe bond issuance, bilateral investment, and Belt and Road initiatives.

Policy & Legal Updates
Source: Arabian Business

Abu Dhabi climbs eight spots to 33rd in global real estate transparency ranking

Abu Dhabi rose eight places to rank 33rd globally in JLL's 2026 Global Real Estate Transparency Index, scoring 2.42. The emirate recorded the largest improvement globally, supported by expanded market disclosure and digital initiatives led by the Abu Dhabi Real Estate Centre (ADREC). ADREC has established a strategic target to rank among the top 25 most transparent real estate markets by 2030.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy