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Technology & Digital Economy

Software, telecommunications and digital infrastructure

Industry News
Source: Government of Hong Kong SAR

Hong Kong Financial Secretary Visits Qatar to Deepen Gulf Financial and Trade Cooperation

Hong Kong Financial Secretary Paul Chan arrived in Doha to advance economic, trade, and financial cooperation between mainland China, Hong Kong, and the Gulf region. During the visit, Chan met with Asian Infrastructure Investment Bank President Zou Jiayi and Qatari Finance Minister Ali bin Ahmed Al Kuwari. Discussions centered on green finance, catastrophe bond issuance, bilateral investment, and Belt and Road initiatives.

Policy & Legal Updates
Source: Zawya

UAE Tax Authority Urges Businesses to Prepare for E-Invoicing Ahead of 2027

The UAE Federal Tax Authority has called on businesses to utilise the remaining time to prepare for mandatory e-invoicing ahead of its phased rollout starting January 1, 2027. The announcement was made during an ICAI Dubai Chapter conference attended by over 500 professionals. Officials confirmed the programme has transitioned to its pilot phase, operating under the decentralized Five-Corner Model via accredited service providers.

Policy & Legal Updates
Source: Khaleej Times

AI Can Boost Arab Tax Collection if Supported by Strong Governance, AMF Reports

The Arab Monetary Fund stated that artificial intelligence can assist Arab governments in improving tax collection and strengthening public finances, provided robust governance frameworks are in place. The assessment was presented in Abu Dhabi during the 17th Ordinary Session of the Council of Arab Finance Ministers alongside the fund's Golden Jubilee. Regional finance leaders examined fiscal policies, AI integration in revenue administration, and resilience to geopolitical volatility.

Policy & Legal Updates
Source: thenationalnews.com

AMF Marks 50th Anniversary With Over $11.8bn In Financing Across Arab States

The Arab Monetary Fund celebrated its 50th anniversary in Abu Dhabi, having provided more than $11.8 billion in financing to member states since 1976. During the event, UAE officials reaffirmed the country's commitment to international tax standards, including the application of a domestic minimum top-up tax from 2025, and announced plans to convert 50 percent of federal services to agentic AI models within two years.

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