Software, telecommunications and digital infrastructure
Sharjah Media City hosted the second edition of 'Shams Connect' in partnership with Mashreq NEO BIZ to assist startups and business owners. The initiative integrates corporate bank account opening into the licensing process and offers compliance guidance. Officials from the Federal Tax Authority also provided briefings on recordkeeping and mandatory e-invoicing obligations.
Chinese President Xi Jinping and Oman's Sultan Haitham bin Tariq Al Said concluded 14 bilateral cooperation pacts during a summit in Beijing. The agreements span supply chain development, green energy, artificial intelligence, and a central bank currency swap pact.
Bank of China Dubai Branch listed a CNH 2 billion Yulan Bond on Nasdaq Dubai, marking the exchange's first such issuance with yields tightening to 1.60%. Concurrently, Omani and Chinese entities signed 23 strategic agreements in Beijing establishing joint investment funds totaling $1.1 billion. Cumulative Chinese debt listings on Nasdaq Dubai have now surpassed $31.9 billion.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum introduced new regulatory and digital initiatives permitting visitors to apply directly for tourist visas through the Visit Dubai platform starting November 2026. The launch also features the invitation-only Dubai Access Club, offering repeat visitors a five-year multi-entry visa permitting stays of up to 90 days annually. Visa applications continue to be vetted and formally approved by the General Directorate of Residency and Foreigners Affairs.
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