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Policy & Legal Updates
Source: The Straits Times

US Treasury Cites UAE and Regional Restrictions in Iran Sanctions Campaign

US Treasury Secretary Scott Bessent stated that international diplomatic pressure has led regional partners to impose banking and aviation restrictions on Iran. The measures include flight bans on Iranian carriers by the UAE, Turkey, and Oman, alongside UAE Central Bank transaction blocks on Iran's Bank Melli. US officials reiterated warnings that foreign entities servicing Iranian aircraft face secondary sanctions risks.

Policy & Legal Updates
Source: Federal Tax Authority

UAE Federal Tax Authority Issues Regulatory Amendments on Tobacco Digital Tax Stamps

The UAE Federal Tax Authority has published amendments to multiple decisions concerning the Marking Tobacco and Tobacco Products Scheme. The updated rules govern the application and verification of digital tax stamps on tobacco products and electronic smoking liquids. Importers and warehouse operators face product seizures and administrative penalties for non-compliance.

China–UAE News
Source: Emirates News Agency (WAM)

Dubai Serves as Commercial Launchpad for Chinese Business Expansion Across Global Markets

Senior executives from major Chinese enterprises highlighted Dubai as a strategic hub for trade and investment expansion across the Gulf and globally. The statements were issued ahead of the Dubai Business Forum – China, scheduled for 14 October in Shenzhen by Dubai Chambers. Companies including BYD, Tencent Cloud, Baidu, Huawei Cloud, and China Merchants Capital emphasized deepening bilateral corridors aligned with the Dubai Economic Agenda D33.

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