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Logistics & Trade

Ports, shipping, aviation cargo, warehousing and trade

Policy & Legal Updates
Source: Legarithm

UAE Implements Mandatory Supplier Due Diligence for Input VAT Recovery

Effective 1 October 2026, holding a valid tax invoice alone is no longer sufficient to recover input VAT in the UAE under FTA Decision No. 13 of 2026. Businesses must perform structured due diligence on suppliers and transactions to avoid denial of VAT deductions linked to supply chain evasion. Transactions over AED 375,000 on a rolling 12-month basis trigger enhanced verification requirements, including bank confirmation letters.

Industry News
Source: Malaysia Sun

UAE National Guard Rescues 22 Crew After Oil Tanker Fire in Arabian Gulf

The UAE National Guard rescued 22 Asian crew members from an oil tanker after a fire broke out aboard the vessel in Arabian Gulf waters. Specialist coast guard teams responded to an emergency distress call, safely evacuated the crew, and administered first aid. Authorities reported that all 22 crew members are in stable condition.

Policy & Legal Updates
Source: Business Upturn

US Imposes Sectoral Sanctions on Iran Car and Rail Industries Without Wind-Down

The US Treasury determined that Executive Order 13902 applies to Iran's automotive and rail sectors, effective October 1 with no wind-down period. The measures target Iranian manufacturers alongside international suppliers based in the UAE, Hong Kong, and mainland China. Foreign financial institutions facilitating transactions in these sectors now face secondary sanctions exposure.

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