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Industry News
Source: مركز المستقبل

Future Center Assesses BRICS as China’s Strategic Lever in AI Race

An analysis by the Abu Dhabi-based Future Center explores whether China can leverage the expanded BRICS grouping to advance its global artificial intelligence standing. Beijing has proposed initiatives including an open-source AI community, shared cloud infrastructure, and joint capacity building across member states. The assessment highlights opportunities and strategic considerations for member economies navigating global technology competition.

Industry News
Source: Utilities Middle East

UAE Explores Nuclear Expansion Tender and Small Modular Reactors for Industrial Power

The UAE is evaluating a commercial tender that could double its nuclear reactor fleet while exploring small modular reactors for data centres, ports, and hydrogen production, according to an analysis by law firm Stephenson Harwood reported by Utilities Middle East. The expansion builds upon the fully operational 5.6 GW Barakah Nuclear Energy Plant to support projected power market growth from 54.15 GW to 68.08 GW. Advanced reactor initiatives include partnerships on GE Vernova Hitachi's BWRX-300 SMR and NANO Nuclear Energy's KRONOS micro-modular reactor.

Policy & Legal Updates
Source: Mwakilishi.com

UAE Mandates E-Invoicing Provider Appointments and Clarifies In-Country Visa Extension Rules

The UAE Federal Tax Authority has directed businesses with annual revenues of Dh50 million or more to appoint an Accredited Service Provider by October 30, 2026, or face monthly penalties. Separately, the Federal Authority for Identity, Citizenship, Customs and Port Security clarified that in-country tourist visa extensions are capped at 120 days and business exploration permits at 180 days. Both authorities detailed financial penalties for non-compliance and overstaying.

Policy & Legal Updates
Source: Arabian Business

UAE Tax Authority Issues Mandatory E-Invoicing Deadlines for Businesses

The UAE Federal Tax Authority has warned businesses to prepare for the nationwide mandatory e-invoicing framework. Companies with annual revenues of AED 50 million or more must appoint an Accredited Service Provider by October 30, 2026. Entities earning under AED 50 million face a deadline of March 31, 2027, with penalties anticipated for non-compliance.

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