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Policy & Legal Updates
Source: Pinsent Masons

UAE Central Bank Introduces Comprehensive Islamic Finance Regulatory Framework

The Central Bank of the UAE has introduced Central Bank Regulation No. 1/2026, creating a comprehensive framework for Islamic financial institutions and takaful operators. Implementing aspects of Federal Decree-Law No. 50/2022, the rules cover a wide array of Islamic financial contracts and structures. Legal experts note that businesses and financial entities may need to review their compliance and documentation.

China–UAE News
Source: Emirates News Agency

TA’ZIZ Secures AED 5.1 Billion Financing Involving Chinese Banks for Ruwais Projects

Industrial chemicals company TA'ZIZ has completed an AED 5.1 billion ($1.39 billion) debt financing package for two projects in Ruwais, Abu Dhabi. The six-year term loan syndicate includes commercial lenders from China, Kuwait, Spain, and Singapore, with Sumitomo Mitsui Banking Corporation acting as financial advisor. The funding supports the construction of a low-carbon ammonia facility and an export chemicals terminal.

Policy & Legal Updates
Source: Rare Earth Exchanges

China and Oman Sign 16 Agreements Covering Supply Chains and Finance

Chinese President Xi Jinping and Oman's Sultan Haitham bin Tarik concluded talks in Beijing, signing 16 bilateral cooperation instruments across supply chains, AI, and energy. The agreements integrate Omani maritime ports into Chinese logistics routes alongside a central bank currency swap. Bilateral trade between both nations reached approximately $25 billion in 2025.

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