Skip to content

Connecting business. Building understanding. Advancing peace.

Industry News
Source: Hydrogen Central

China Targets 1 Trillion Yuan Hydrogen Industry Under 15th Five-Year Plan

China's National Energy Administration released the China Hydrogen Energy Development Report (2026), detailing rapid expansion in renewable hydrogen capacity and transport infrastructure. The report projects that annual green hydrogen demand will reach 2.4 million to 4.3 million tons during the 2026–2030 period. Total industrial chain output value is forecast to exceed 1 trillion yuan ($139 billion).

Policy & Legal Updates
Source: Federal Tax Authority

UAE Clarifies Reverse Charge Mechanism on Local Metal Scrap Trading

The UAE Federal Tax Authority issued Public Clarification VATP047 regarding the reverse charge mechanism for domestic metal scrap transactions. Under the clarification, the VAT accounting obligation shifts from the supplier to the VAT-registered buyer. The guidance outlines mandatory documentation, supplier declarations, and verification rules for the industrial sector.

Policy & Legal Updates
Source: gCaptain

US Targets Iran Rail, Industrial Networks, and Intermediaries in UAE and China

The U.S. Treasury Department announced expanded sanctions under Operation Economic Outcast, designating Iran's rail and automotive sectors under Executive Order 13902. The measures penalize dozens of entities, including suppliers and financial intermediaries based in the UAE, China, Hong Kong, Turkey, and Germany. The action also targets heavy machinery, steel export channels, and the Russia-linked A7 shadow banking network.

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

Private Label Middle East 2026 to Feature China and UAE Pavilions in Dubai

Private Label Middle East 2026 has announced its upcoming edition at the Dubai World Trade Centre from 3 to 5 November 2026. The event will host country pavilions and manufacturing specialists from China, the UAE, India, Egypt, and Italy. Major regional buyers including Noon, Carrefour, and Spinneys will attend to source consumer goods and contract manufacturing services.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy