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Gulf News

Policy & Legal Updates
Source: Gulf News

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.

Industry News
Source: Gulf News

Sanad Al Ain GTF Centre to Require Over 1,000 Technicians, CFO Says

Abu Dhabi aerospace company Sanad expects its upcoming GTF engine maintenance centre in Al Ain to require more than 1,000 technicians once fully operational. Group CFO Kashish Kohli stated that Sanad will focus on developing local talent through UAE universities and training programmes amid a global shortage of aviation personnel. The company's workforce reached 898 employees in the first half of 2026, with an Emiratisation rate of 36.9%.

Industry News
Source: Gulf News

Asia’s Crude Oil Imports Rebound Driven by Arabian Gulf Shipments

Asian crude oil imports are scheduled to reach 23.96 million barrels per day in September 2026, supported by shipments from Arabian Gulf producers. China increased its imports to 8.93 million barrels per day in August, though total Asian volumes remain 13 percent below pre-tension baselines.

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