Property, infrastructure, engineering and materials
The Asian Infrastructure Investment Bank has formally converted its Abu Dhabi interim operational hub into a permanent regional office. The location anchors infrastructure and trade financing connecting Asia, the Gulf Cooperation Council, and Africa. Capitalized at $100 billion, the Beijing-based lender will leverage the base to expand sovereign and private-sector partnerships.
The UAE Cabinet has issued Cabinet Decision No. 149 of 2026, amending the UAE VAT Executive Regulations. The update introduces an output-based input tax apportionment ratio under Article 55 for partially exempt businesses. General changes take effect on 1 October 2026, while the revised apportionment rules apply from the first tax year starting after 1 October 2027.
Dubai Municipality hosted its inaugural 'Future of Construction Legathon' on 24 September at Emirates Towers to tackle regulatory challenges surrounding emerging building technologies. During the event, Dubai Municipality and Dubai Future Foundation signed a cooperation agreement under Sandbox Dubai. The partnership will pilot experimental use cases initially focused on the Smart Built Environment sandbox group.
Dubai Municipality hosted its first Future of Construction Legathon on 24 September at Emirates Towers to address regulatory frameworks for modern building technologies. During the event, Dubai Municipality signed a partnership agreement with the Dubai Future Foundation to pilot innovative solutions under Sandbox Dubai. The initiative will initially focus on the Smart Built Environment sandbox group.
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