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China–UAE News
Source: Dubai Government Media Office

Dubai Business Forum in Shenzhen Explores Bilateral Investment and Technology Partnerships

The Dubai Business Forum – China concluded in Shenzhen, bringing together 854 Chinese investors and 112 Dubai delegates. Official figures revealed non-oil bilateral trade expanded by nearly 23% between 2024 and 2025, while Chinese FDI into Dubai rose to over AED 3.4 billion. Dubai Chambers also highlighted initiatives including its Agentic AI transformation programme for private enterprises.

Policy & Legal Updates
Source: Emirates News Agency (WAM)

China to Reduce VAT Export Rebate on New Energy Vehicles to Nine Percent

China's Ministry of Finance and the State Taxation Administration announced plans to cut the value-added tax export rebate for new energy vehicles from 13 percent to 9 percent, taking effect April 1, 2027. In addition, export rebates on battery products will be fully eliminated starting January 1, 2027. Existing consumption tax refund and exemption mechanisms will remain unaffected.

Industry News
Source: Almahriah Net

China Launches Direct Shipping Line Linking Taicang Port and Saudi Jeddah Port

China has inaugurated a direct maritime cargo route connecting Jiangsu province's Port of Taicang with Saudi Arabia's Jeddah Islamic Port. The dedicated service bypasses intermediate transshipment hubs, saving two to three weeks of transit time. Bilateral trade between the two countries reached $108.2 billion in 2025, alongside significant crude oil shipments.

Policy & Legal Updates
Source: Arabian Business

UAE Businesses Face October 15 Excise Tax Return Filing Deadline

UAE businesses must submit excise tax returns and settle liabilities with the Federal Tax Authority by October 15, 2026. The requirement applies to entities importing, producing, or stockpiling designated excise goods via the EmaraTax digital portal. The warning comes as the FTA issues guidelines for multinationals regarding the 15 percent Qualified Domestic Minimum Top-up Tax regime.

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