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Industry News

Huawei Unveils Mate 90 Series Featuring In-House LogicFolding Chip Architecture

Huawei Technologies has launched its Mate 90 smartphone series, utilizing in-house software and a redesigned 3D chip architecture to mitigate US semiconductor export curbs. Premium models feature the Kirin 9050 Pro processor, though executive Richard Yu acknowledged domestic advanced chip fabrication capacity remains tight. Component inflation has also added roughly $200 per device, even as Huawei's domestic shipments rose 13% through August.

Policy & Legal Updates

UAE Central Bank Imposes Tighter Oversight and Fund Separation on Takaful Operators

The Central Bank of the UAE introduced enhanced regulatory rules on September 30, 2026, governing Islamic insurance providers. Under the framework, subscriber contribution funds must be maintained in an independent fund with separate legal personality and financial liability. The regulations also require prior regulatory approval for participant fund transfers and central bank sign-off for annual surplus distributions.

Policy & Legal Updates

UAE Residents Changing Jobs Can Put Family Visas on Hold Within Same Emirate

UAE expatriates switching employers can temporarily place their dependants' residence visas on hold instead of cancelling them, provided the job transition occurs within the same emirate. The procedure requires a refundable security deposit of AED 5,000 and must be concluded within a 60-day window to avoid forfeiting the funds. Applications are processed through Dubai's GDRFA or the federal ICP platform depending on the jurisdiction.

Policy & Legal Updates

UAE Outlines Salary Requirements and Rules for Sponsoring Family Residence Visas

Expatriates residing in the UAE must earn a minimum of AED 4,000 per month, or AED 3,000 with company accommodation, to sponsor family members. Eligible dependents include spouses, unmarried daughters, sons under 25, and children of determination of any age. Dependents receive a six-month grace period to adjust their legal status if the sponsor's residency ends.