Business & Economy

UAE's new e-invoicing system launches July 2026 with January 2027 mandatory deadline for large firms. Learn compliance timelines, ASP costs, and action steps required now.

UAE insists Gulf states join Iran negotiations at GCC-US meeting. Hormuz closure affects UAE residents' costs, wages, and supply chains.

Oman Air launches daily Abu Dhabi-Muscat direct flights July 9, saving 90 minutes. New Dubai-Salalah monsoon route starts July 3 with 3 weekly flights.

UAE Ministry launches NOVA: AI automates teacher grading, mandates AI curriculum K-12 by 2026. What this means for your child's education and privacy concerns explained.

Sharjah Economic Development and Federal Tax Authority held VAT workshop on June 25, 2026. Learn about tax certificates, registration, and compliance procedures.

Major earthquakes strike Venezuela killing 164+. UAE expresses solidarity as global relief efforts mobilize with rescue teams and humanitarian aid.

Premier Li announces zero tariffs for 63 nations at Summer Davos. UAE businesses gain Africa-China trade routes but face Western tech compliance challenges.

Gold hit 7-month lows below $4,000 amid Fed rate hikes. How UAE residents can leverage zero capital gains tax for strategic precious metals positioning.

Brent crude hits $73.34 as supply concerns ease. What falling oil prices mean for UAE residents' fuel costs, investments, and the broader Emirates economy.

How UAE's floating hospital integrates Indonesian surgeons to treat 95 Gaza trauma patients, performing 5,600+ surgeries with new prosthetics initiative.

Federal Tax Authority tightens VAT rules. Legacy credits expire Dec 31, 2026. E-invoicing mandatory Jan 2027. What UAE business owners need to know now.

UAE now requires multiple distributors for medical devices to prevent shortages. How the 2026 EDE rules affect hospital equipment supply and pricing.