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AI + Innovation (MENA) 
Infrastructure 
FinMin introduces tax credits for R&D spend
Sectors like biotech, fintech, and advanced manufacturing can benefit from tax credits worth up to 50%
THIS MORNING: Fresh tax incentives on the table? + CBUAE holds rates steady
Plus: The UAE is staying on track with its USD 1.4 tn USinvestment pledge
THIS MORNING: An Emirati ChatGPT is in the works + more robotaxis are coming to Dubai
Good morning, everyone. Industrial interest in our Northern Emirates is our big story today, as we take a deep dive…
THIS MORNING: UAE launches strategic partnership talks with the EU + corporate tax credit refunds, explained
Plus: Will Gulf sovereigns continue backing Paramount Skydance’s hostile bid for Warner Bros Discovery?
THIS MORNING: Pax Silica Summit kicks off in the US with the UAE present + The Gulf is more involved in Paramount’s Warner Bros bid than meets the eye
Plus: Excise tax on sweetened beverages clarified
Delays in e-invoicing roll-out will be subject to fines
Fines of up to AED 5k per month will be slapped on those who fail to implement the e-invoicing system…
FinMin introduces new amendments to tax procedures law
The ministry has also introduced amendments on selected provisions to the UAE VAT law
ADGM tightens rules for professional service providers
The update classifies tax services as a controlled activity, placing consultancies under ADGM oversight
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