News
Policy updates, China–UAE developments, industry news and official Middle East travel alerts.
Chinese autonomous-driving company Momenta is preparing to introduce robotaxis in Dubai in 2027 as part of an international rollout. The Mercedes-Benz-backed firm aims to expand its operating fleet from just over 100 vehicles to several thousand by the end of 2027. Momenta is already conducting autonomous vehicle testing in Abu Dhabi, Munich, and five Chinese cities.
Abu Dhabi is preparing to deploy tens of billions of dollars into ports, pipelines, and logistics to bypass the Strait of Hormuz. Sovereign wealth fund L'imad is anchoring the effort alongside ADNOC and DP World to develop trade infrastructure around Fujairah. The initiative includes plans to privatise Abu Dhabi Ports Co. at an estimated $9 billion valuation.
The UAE General Budget Committee held its 15th meeting to discuss the draft federal budget for the 2027–2029 fiscal period. Officials reviewed preliminary expenditure estimates, revenue forecasts, tax legislation alignment, and the government's 2026 financial position. Directives were issued to complete drafting procedures and assess funding requests for new strategic projects.
The UAE has established compliance timelines for its mandatory electronic invoicing system, requiring large firms to appoint an Accredited Service Provider by October 30, 2026. Entities failing to appoint an approved provider within the statutory deadlines face monthly administrative penalties of Dh5,000. Phased mandatory go-live dates run from January 1, 2027 through October 1, 2027.
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