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Policy & Legal Updates

Understand the policies, laws and regulations shaping business across China and the UAE.

Business registration · Investment · Taxation · Customs · Trade · Financial regulation · Employment · Visas · Free-zone policies. Every update identifies the issuing authority, jurisdiction, publication date, effective date and official source.

Policy & Legal Updates
Source: BigGo Finance

China and Oman Sign $4.5 Billion Currency Swap and Digital Currency Pact

The People's Bank of China and the Central Bank of Oman have signed a five-year bilateral currency swap agreement valued at 30 billion yuan ($4.5 billion). The central banks also signed a memorandum of understanding covering central bank digital currencies and cross-border payment cooperation during Sultan Haitham bin Tarik's state visit to Beijing. The pact broadens China's monetary cooperation network in the Gulf alongside existing arrangements with the UAE.

  • People's Bank of China, Central Bank of Oman
  • China, Oman
  • Final rule
Industry News
Source: Shanghai Metals Market

China Urges Fair Cooperation Following Reports of Nvidia AI Data Center Restrictions

Chinese Foreign Ministry spokesperson Mao Ning responded to reports that Nvidia instructed cloud partners to limit services provided to Chinese firms. Mao stated she was unfamiliar with the specifics but emphasized that all parties should cooperate based on fairness, transparency, and non-discrimination. The response followed a Financial Times report claiming Nvidia told partners that at least 51 percent of service revenue must come from non-Chinese clients.

Policy & Legal Updates
Source: Arabian Business

UAE MoHRE Outlines Rules for Unemployment Insurance Compensation Claims

The UAE Ministry of Human Resources and Emiratisation has issued an advisory detailing conditions for cash compensation under the Involuntary Loss of Employment scheme. Qualified public and private sector workers can claim up to AED 20,000 per month for up to three months. Entitlement requires 12 consecutive months of contributions, submission within 30 days of dismissal, and clean disciplinary records.

  • Ministry of Human Resources and Emiratisation (MoHRE)
  • United Arab Emirates
  • Final rule
Policy & Legal Updates
Source: Emirates News Agency

DIFC Offers Up to 6,000 Japanese Startups Access to Innovation Ecosystem

The Dubai International Financial Centre announced a partnership granting up to 6,000 Japanese startups direct access to its innovation ecosystem. The initiative enables firms to acquire licenses, establish operations, and raise venture capital in the free zone. DIFC also reported crossing 2,000 active innovation companies and introduced the Dubai FinTech Stack.

  • Dubai International Financial Centre
  • United Arab Emirates
  • Final rule

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