Software, telecommunications and digital infrastructure
Yicai Global, the English-language arm of Yicai Media Group, has announced a 10-year expansion plan titled the MAPS strategy to build a global financial media and business services platform by 2035. The framework incorporates multilingual expansion including Arabic, AI-driven content operations, and commercial support services for cross-border enterprises.
Ras Al Khaimah Ruler Sheikh Saud bin Saqr Al Qasimi concluded a six-day official visit to China's Guangdong and Fujian provinces, securing agreements in humanoid robotics and smart transportation. The visit coincides with expanding China-UAE commercial ties, with bilateral trade reaching $108 billion in 2025.
The UAE has launched Tawwer, an online platform managed by the Emirates Research and Development Council to assess and pre-approve research and development projects. Under Cabinet Decision No. 215 of 2025 and Ministerial Decision No. 24 of 2026, qualifying entities can access a non-refundable tax credit of up to 50% on qualifying R&D expenditure. Project pre-approval through Tawwer is mandatory prior to submitting the final corporate tax claim through the Federal Tax Authority.
The UAE Ministry of Finance issued Ministerial Decision No. 197 of 2026, updating the national electronic invoicing framework. The amendments grant a temporary 24-month exclusion for intra-tax group transactions, permit offshore data storage, and extend issuance timelines.
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