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Central Bank of the UAE Governor Khaled Mohamed Balama has commenced the 2026 Article IV Consultation mission with the International Monetary Fund in Abu Dhabi. The meetings run from November 4 to 17, 2026, evaluating macroeconomic stability and financial policy execution. Discussions address banking supervision, monetary policy, and anti-money laundering frameworks.
Guangdong Governor Wang Weizhong met with Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, in Guangzhou to expand bilateral cooperation across trade, advanced manufacturing, and emerging industries. Following the meeting, both leaders witnessed the signing of a memorandum of understanding on fostering exchanges and cooperation. The engagement coincides with expanding Chinese bank syndicated financing for UAE energy projects.
Multinational enterprises in the UAE whose fiscal years ended on or before 30 April 2026 face a 30 November 2026 deadline to register for Domestic Minimum Top-Up Tax under FTA Decision No. 12 of 2026. Non-compliant entities face a penalty of AED 10,000. The rules apply to corporate groups with annual consolidated revenues of at least EUR 750 million.
The Ajman Free Zone has established a representative office in Shenzhen, China, to enhance investment cooperation and support commercial expansion. UAE Consul General H.E. Mariam Alshamsi and Free Zones Authority Director-General H.E. Ismail Al Naqi participated in the establishing ceremony.
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