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Policy & Legal Updates
Source: Gulf Business

Invest in Sharjah CEO Highlights FDI Inflows, AI Adoption, and Economic Diversification

Mohamed Juma Al Musharrkh, CEO of the Sharjah FDI Office (Invest in Sharjah), outlined the emirate's strategy focusing on foreign direct investment, artificial intelligence, and economic diversification. Sharjah attracted 142 FDI projects worth AED 7.74 billion ($2.1 billion) in 2025, with around 75 percent already operational. The agency is targeting quality investments across technology, advanced manufacturing, clean energy, and logistics, while expanding outreach across Asian and global markets.

Policy & Legal Updates
Source: Gulf News

UAE Environmental Penalties Outlined Following Dubai Crackdown on Illegal Waste Dumping

A recent joint crackdown in Dubai seizing 17 tankers has brought renewed attention to UAE environmental penalties ranging from Dh500 to Dh10 million. Federal and local frameworks penalise improper industrial and hazardous waste disposal with fines up to Dh1 million, rising to Dh10 million for serious nuclear-related violations. In Dubai, specific municipal regulations impose penalties up to Dh500,000 for waste infractions and Dh100,000 for illegal wastewater discharge.

Industry News
Source: CBS News

Oil Prices Rise Above $105 as U.S.-Iran Tensions Threaten Shipping Routes

Brent crude climbed back over $105 a barrel amid warnings of expanding conflict between the United States and Iran. Maritime risks mounted following a fatal commercial ship strike in the Strait of Hormuz and threats to Red Sea energy routes. Diplomatic discussions during the United Nations General Assembly have produced little sign of a peace deal.

Middle East Travel Alerts
Source: TRT World

UAE Suspends All Iranian Airline Flights Following US Aviation Sanctions

The UAE will resolve visa complexities and resume issuing all visa types, including tourist visas, for Bangladeshi nationals between January and mid-February 2025, according to UAE Ambassador Abdullah Al Hamoudi. The announcement was made during a reception in Dubai welcoming Bangladesh's new ambassador, Mushfiqul Fazal Ansarey. The report notes that over 1.2 million Bangladeshi nationals currently reside in the UAE.

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