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Finance & Investment

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

Industry News
Source: Dealroom

Oman Investment Authority and China’s Silk Road Fund Form $800 Million Investment Vehicle

The Oman Investment Authority signed a preliminary term sheet with China's Silk Road Fund to establish an $800 million joint investment fund during Sultan Haitham bin Tarik's state visit to Beijing. The deal is part of a 23-agreement package covering finance, logistics, artificial intelligence, solar energy, and mining. Other agreements involve China Merchants Bank, IDG Capital, JD.com, Huawei, and Hongda International.

Policy & Legal Updates
Source: Khaleej Times

UAE Tech Firms Face Higher First-Year Tax Under R&D Capitalisation Rules

An accounting analysis published by Khaleej Times indicates that UAE technology companies could see their first-year corporate tax bill surge by over 128% depending on how R&D costs are classified. Under IAS 38 rules, capitalising development spending rather than expensing it immediately increases first-year taxable income. The report highlights the need for careful financial planning ahead of the UAE's planned 2026 R&D tax credit launch.

China–UAE News
Source: CGTN

Ras Al Khaimah Opens Guangzhou Gateway and Signs MoUs in Shenzhen

UAE Supreme Council Member and Ruler of Ras Al Khaimah Sheikh Saud bin Saqr Al Qasimi led a high-level delegation to Guangdong Province, inaugurating RAK International (Guangzhou) LLC. The new consultancy serves as a permanent business gateway to connect Chinese investors with corporate opportunities in the emirate. During the RAK-China Business Summit in Shenzhen, the delegation signed several MoUs focusing on manufacturing, clean energy, and artificial intelligence.

Policy & Legal Updates
Source: The State Council of the People's Republic of China

China Urges Early Conclusion of China-GCC Free Trade Agreement in Oman Talks

Chinese Premier Li Qiang met with Sultan Haitham bin Tarik of Oman in Beijing to advance bilateral and regional economic ties. Premier Li called for accelerating negotiations to reach an early conclusion of the China-Gulf Cooperation Council free trade agreement. Discussions also covered strategic alignment across oil, gas, clean energy, and advanced technology sectors.

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