Gulf News

China–UAE News

Chinese Direct Investment in UAE Hits $2.6 Billion as Financial Footprint Expands

China's outbound direct investment to the UAE reached $2.6 billion, more than tripling the previous year's total as overall Middle East flows doubled. In parallel, Beijing-based China Securities secured regulatory approvals to open a regional office in the Dubai International Financial Centre. Chinese banking institutions now account for over 30 percent of total assets in DIFC's Banking and Capital Markets sector.

Policy & Legal Updates

Ajman Municipality Launches Pilot to Regulate Bachelor and Shared Housing

The Ajman Department of Municipality and Planning has launched a pilot initiative to regulate building classifications, bachelor accommodation, and shared housing across the emirate. The initial phase applies to five priority districts: Al Nuaimiya, Al Rashidiya, Al Nakheel, Liwara, and Al Rumaila. Municipal officials presented the new housing guidelines and application procedures to local property companies during a dedicated workshop.

Policy & Legal Updates

UAE Federal Tax Authority Sets October 30 Deadline for E-Invoicing Provider Appointments

The UAE Federal Tax Authority requires businesses with annual revenues of Dh50 million or more to appoint an Accredited Service Provider by October 30, 2026. Failure to meet the deadline will result in an administrative penalty of Dh5,000 per month of delay. The mandate and associated penalty framework also apply to businesses registered in UAE free zones.

Policy & Legal Updates

UAE Clarifies In-Country Visit and Tourist Visa Extension Regulations and Limits

UAE immigration authorities have outlined the guidelines for extending visit and tourist visas from within the country without requiring departure. Tourist permits can be extended up to 120 days, while business establishment and job exploration permits can reach up to 180 days.