Software, telecommunications and digital infrastructure
Amazon and Ghitha Holding PJSC have signed a Memorandum of Understanding to explore a demand-led seasonal fresh produce initiative in the UAE. The collaboration aims to deliver locally grown produce via Amazon Now using consumer demand insights to guide crop selection. The companies also plan to establish a distribution centre and packhouse at Dubai's Food Tech Valley.
The UAE has launched Altair-1, its first domestically manufactured commercial satellite, aboard a SpaceX rideshare mission from California. Assembled at Orbitworks' KEZAD facility in Abu Dhabi, the satellite is the first of a planned 10-satellite AI-enabled Earth observation constellation. The milestone aligns with the UAE's National Space Strategy 2031 and industrial manufacturing initiatives.
The United Arab Emirates has become an increasingly prominent destination for international business expansion due to practical connectivity, foreign ownership reforms, and structured corporate frameworks. However, cross-border businesses must manage regulatory requirements including the 9% corporate tax regime introduced in 2023, economic substance rules, and exhaustive bank due diligence. Choosing between free zone and mainland corporate vehicles remains critical depending on target markets and licensing requirements.
China Securities has secured regulatory authorization to operate in the Dubai International Financial Centre, while JINGDONG Property signed a deal to build a 150,000-square-metre smart logistics facility in Abu Dhabi. Chinese outbound direct investment into the UAE rose to $2.6 billion, pushing cumulative investment stock to $12.47 billion as bilateral non-oil trade crossed $100 billion.
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