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Arabian Post Staff -Dubai Emirates strengthened its standing in 2025 as the world’s largest international airline, carrying 55.6 million passengers across almost 180,580 flights and reinforcing Dubai’s role as a central hub for long-haul air travel. The carrier said the scale of its operations during the year equated to circling the Earth more than 29,000 times, underlining the breadth of its global network at a time when […]

A landmark entertainment destination has begun operations at Qiddiya City on 31 December 2025, as Six Flags Qiddiya City opened to the public near Riyadh, marking the flagship attraction of the sprawling Saudi project and the first Six Flags theme park outside North America. The launch ceremony took place under the patronage of Prince Faisal bin Bandar, Governor of Riyadh Province, with senior officials and tourism sector leaders attending to celebrate what organisers described as a major milestone in the Kingdom’s leisure and tourism expansion.

Six Flags Qiddiya City debuted with an array of attractions designed to appeal to global visitors and local families alike, with the signature offering being Falcons Flight, a steel roller coaster that now holds records as the tallest, fastest and longest of its kind in the world. The coaster reaches speeds of roughly 155 mph and rises to approximately 640 feet, dwarfing many existing high-thrill installations. Other record-setting rides include Iron Rattler, the tallest tilt coaster, and Spitfire, the tallest inverted coaster, alongside a total lineup of 28 rides and attractions across six themed lands.

Park president Brian Machamer described Six Flags Qiddiya City as more than a collection of rides, pitching the venue as a fully immersive theme park where music, themed environments and guest experience are integrated throughout, distinguishing it from traditional amusement parks in North America. He said the design and storytelling elements aim to create a cohesive environment that extends beyond individual attractions.

The opening is a cornerstone of Qiddiya City’s broader vision as a global entertainment and cultural hub. Spanning hundreds of square kilometres on the edge of the Tuwaiq Mountains roughly 45 km from downtown Riyadh, Qiddiya is envisioned as a master-planned destination where entertainment, sports, arts and education converge. Six Flags Qiddiya City represents the first operational phase of this masterplan, with additional attractions including a water theme park, motorsport and esports facilities, performance venues and residential neighbourhoods planned over the next decade.

Officials noted that the park’s launch aligns with national priorities to diversify the economy under Vision 2030, an ambitious strategy championed by Crown Prince Mohammed bin Salman to reduce reliance on oil revenues and accelerate growth in tourism and leisure sectors. Tourism Minister Ahmed Al-Khateeb highlighted the significance of the Six Flags project in positioning the Kingdom on the global entertainment map, underscoring efforts to attract millions of visitors annually.

The park offers international food and retail outlets, themed entertainment spaces and technology-enhanced guest services to meet global standards. Ticket pricing was set to attract a broad demographic, with adult entry priced at around SR325 and children’s tickets at SR275, while infants under four are admitted free. Early visitor feedback pointed to enthusiastic reception, particularly for the record-breaking coasters and themed environments.

While the opening has been widely hailed as a transformative moment for entertainment in the Middle East, analysts and industry observers have also pointed to challenges. Six Flags’ broader corporate position following its merger with Cedar Fair includes ongoing portfolio evaluations and adjustments to its existing parks, which have seen closures and operational reassessments in North America. The international expansion represented by Qiddiya carries strategic importance but also introduces new operational and financial dynamics for the company.

Local business leaders have emphasised the anticipated economic impact of the park and the wider Qiddiya development, citing job creation, supply chain opportunities and tourism revenue growth. Community groups in the Riyadh region have expressed optimism about increased cultural and entertainment offerings, while some critics have raised questions about the sustainability of mega-projects in fluctuating economic conditions. Government planners maintain that phased development and diversified attractions will help ensure long-term viability.

Saudi Arabian Mining Company, widely known as Saudi Arabian Mining Company, has outlined plans to establish a joint venture with Midana Exploration Pay Ltd to advance minerals exploration, development and mining across licensed areas of the kingdom, in a move that underscores the country’s push to expand its non-oil resource base.

Under the proposed structure, the joint venture will be capitalised initially at $5 million, with Maaden holding a controlling 50.1% stake and Hancock owning the remaining 49.9%. The vehicle is expected to focus on early-stage exploration as well as the development and eventual sale of mineral resources identified within approved concession blocks, subject to regulatory clearances.

The announcement comes as Saudi Arabia accelerates efforts to map and commercialise its estimated multi-trillion-dollar mineral endowment, a pillar of the Vision 2030 strategy aimed at diversifying fiscal revenues and building domestic industrial supply chains. Officials and industry executives have repeatedly highlighted underexplored deposits of gold, copper, zinc, phosphate, bauxite and rare earth elements as areas of strategic interest.

Maaden, majority owned by the Public Investment Fund, has over the past decade evolved from a single-commodity operator into a diversified mining champion spanning gold, aluminium, phosphate fertilisers and industrial minerals. The proposed partnership with Hancock signals a renewed emphasis on upstream exploration, an area that demands specialised geological expertise, patient capital and risk-sharing arrangements.

Hancock, through its local exploration arm, has built a portfolio of prospecting licences and geological data across several regions of the kingdom. Industry observers say its familiarity with Saudi Arabia’s licensing framework and field operations complements Maaden’s balance sheet strength, project development experience and access to downstream markets.

According to people familiar with the matter, the joint venture is designed to move swiftly from desktop studies to on-ground surveys, including geophysical mapping and targeted drilling. Any commercial discoveries would then be evaluated for standalone development or integration into Maaden’s existing asset base, depending on scale, mineral type and infrastructure considerations.

The modest initial capital reflects the early-stage nature of the venture, with provisions allowing for additional funding rounds as projects advance. Mining analysts note that exploration budgets often expand sharply once priority targets are identified, particularly for metals linked to energy transition technologies such as copper and battery minerals.

Saudi Arabia has spent heavily on geological surveying over the past few years, releasing high-resolution data to attract private and foreign investors. The Ministry of Industry and Mineral Resources has also reformed the mining law to streamline licensing, strengthen environmental oversight and provide longer concession terms, measures that have been welcomed by global miners.

Within this policy backdrop, Maaden’s majority stake ensures strategic alignment with national priorities while allowing its partner operational flexibility. The 50.1-49.9 split also gives Maaden consolidation rights over any successful projects, a factor likely to reassure lenders and potential offtake partners at later stages.

Market participants see the joint venture as part of a broader trend of collaborative exploration models in the kingdom, where state-backed entities pair with specialised firms to spread risk and accelerate discovery timelines. Similar structures have been adopted in other resource-rich jurisdictions seeking to build domestic mining ecosystems without shouldering all the geological risk alone.

Environmental and social governance considerations are expected to feature prominently as projects move forward. Saudi regulators have tightened requirements around land rehabilitation, water use and community engagement, and Maaden has publicly committed to aligning new developments with international sustainability benchmarks.

Arabian Post Staff -Dubai Abu Dhabi National Energy Company PJSC, known as Abu Dhabi National Energy Company PJSC, and Emirates Water and Electricity Company have finalised a 3.6 billion dirham agreement for the Al Dhafra Power Plant, marking a significant addition to Abu Dhabi’s generation capacity and underlining continued investor confidence in the emirate’s regulated utilities framework. The transaction centres on a long-term project financing structure in […]

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Venezuela has begun shutting oil wells in its prolific Orinoco Belt after storage filled up and inventories swelled, a move that underscores the operational strain facing the state producer as financial pressure from Washington tightens. The cutbacks, which started on 28 December, are set to lower heavy crude output by at least a quarter in the belt that holds the world’s largest known oil deposits, according to people familiar with internal operations.

Petroleos de Venezuela SA, known as PDVSA, is aiming to bring Orinoco production down to about 500,000 barrels a day, the people said. That reduction equates to roughly 15% of the country’s total output of around 1.1 million barrels a day. The wells were idled as tanks reached capacity and export bottlenecks left little room to keep pumping.

The Orinoco Belt, stretching across eastern Venezuela, has been the backbone of the nation’s oil recovery over the past two years as PDVSA revived projects, leaned on foreign partners and relied on intermediaries to place barrels abroad. Heavy crude from the belt requires blending and specialised handling, making storage constraints particularly acute when exports slow or logistics falter.

The curtailment comes amid a renewed effort by the Donald Trump administration to financially squeeze Caracas. Measures have focused on limiting cash flows and tightening scrutiny of trade channels that had allowed Venezuelan oil to reach global markets. While PDVSA has navigated sanctions for years through complex trading arrangements, the latest actions have reduced the room for manoeuvre.

Operationally, the impact is immediate. Engineers have prioritised shutting wells with higher water cut or maintenance needs, while keeping strategic upgraders running to preserve reservoir integrity. Restarting heavy-oil wells can be costly and time-consuming, raising the risk that some output may not return quickly even if conditions improve.

For the government in Caracas, the setback dents a fragile rebound that had lifted production from historic lows. Oil remains the main source of hard currency, funding imports and social spending. Lower volumes threaten fiscal plans at a time when inflation has moderated but public finances remain stretched.

Internationally, the cuts add a layer of uncertainty to heavy crude markets. Refineries in Asia and the United States Gulf Coast have relied on Venezuelan grades as substitutes for similar barrels from elsewhere. Traders said tighter availability could widen discounts and prompt buyers to seek alternatives from Canada or the Middle East.

PDVSA’s partners in the Orinoco Belt, including joint ventures with foreign companies, are also affected. Output reductions translate into lower liftings for partners and could complicate investment decisions. Several projects had been ramping up after maintenance and drilling campaigns, betting on stable export routes.

The government has framed the situation as a temporary adjustment driven by logistics rather than geology. Officials argue that reserves remain intact and that production can rebound once storage is freed and exports normalise. Behind the scenes, PDVSA has been exploring options to lease additional floating storage and accelerate shipments to Asia, though payment and insurance hurdles persist.

Analysts note that the episode highlights structural weaknesses. Venezuela’s oil infrastructure has suffered years of underinvestment, leaving little buffer when trade flows are disrupted. Power outages, pipeline leaks and equipment shortages have repeatedly constrained operations, forcing stop-start cycles that erode efficiency.

In the broader geopolitical context, the pressure campaign reflects Washington’s leverage over energy finance and shipping. Even when licences allow limited trade, banks, insurers and carriers often tread cautiously, amplifying the impact on producers like PDVSA. The result is a stopgap approach that prioritises managing bottlenecks over long-term optimisation.

Arabian Post Staff -Dubai Riyadh’s property landscape is being re-engineered at pace as public investment, private capital and planning reforms converge, with a multi-year pipeline spanning transport, data infrastructure and construction altering how the city builds, works and lives. The shift is being underpinned by the acceleration of Vision 2030, which is redirecting demand across offices, homes, retail and hospitality while seeding new growth in AI infrastructure […]

The United Arab Emirates is on course to generate more than one million additional jobs by 2030, placing it among the world’s fastest-expanding labour markets as economic diversification, technology adoption and population growth intensify demand for skilled workers, according to a workforce outlook released by ServiceNow.

The projection underscores the scale of change under way in the UAE’s employment landscape, where public and private sector investment is being channelled into advanced industries, digital services, clean energy, logistics and financial technology. Policymakers have positioned job creation as a central pillar of national economic strategy, linking employment growth to productivity gains, innovation and long-term competitiveness.

ServiceNow’s analysis indicates that the strongest employment momentum is emerging in technology-led roles, particularly in cloud computing, artificial intelligence operations, cybersecurity, data analytics and enterprise software services. Demand is also rising for professionals who can combine technical skills with business process expertise, reflecting the increasing automation of workflows across government entities, banks, energy companies and logistics firms.

This expansion is unfolding alongside steady population growth driven by immigration, as professionals from Asia, Europe and Africa relocate to the UAE for work opportunities. Labour market specialists say the inflow of skilled workers has become an economic asset, helping employers fill gaps in high-value roles while supporting consumption and domestic demand.

Beyond technology, job creation is expected to be broad-based. Construction and real estate continue to absorb labour as infrastructure spending remains strong, while tourism, hospitality and aviation are benefitting from sustained visitor growth and expanding airline capacity. Healthcare and education are also projected to add sizeable numbers of jobs as authorities invest in social infrastructure to support a larger and more diverse population.

The digital transformation of government services has emerged as a significant employment driver. Federal and emirate-level entities are accelerating the shift towards paperless operations, data-driven decision-making and AI-enabled public services. This has increased demand for systems architects, digital policy specialists and programme managers who can oversee complex technology deployments while ensuring regulatory compliance and data security.

Employers are also rethinking workforce structures as automation changes how tasks are performed. Routine administrative roles are increasingly being replaced or augmented by software platforms, while new positions are emerging in system oversight, process design and user experience management. Analysts say this transition is not eliminating jobs at scale but reshaping them, with a premium placed on adaptability and continuous learning.

Education and training institutions are responding by expanding programmes focused on digital skills, coding, data science and cyber resilience. Partnerships between universities, vocational institutes and multinational firms are becoming more common, aimed at aligning curricula with labour market needs. Corporate upskilling initiatives are also gaining traction as employers seek to retrain existing staff rather than rely solely on external hiring.

Wage dynamics are expected to reflect these shifts. Salaries in high-demand technology and specialist roles have been rising faster than the broader market, while competition for experienced professionals has intensified. Human resources consultants note that non-salary benefits, including flexible working arrangements, career progression pathways and residency incentives, are increasingly important in attracting and retaining talent.

The ServiceNow report places the UAE’s projected job growth ahead of many mature economies, where ageing populations and slower productivity gains are constraining employment expansion. By contrast, the UAE’s relatively young workforce, openness to foreign talent and willingness to adopt new technologies are seen as structural advantages.

Challenges remain, particularly around ensuring that job creation keeps pace with population growth and that skills mismatches do not widen. Economists warn that without sustained investment in education and training, shortages could emerge in critical areas, potentially pushing up labour costs and slowing project delivery. There is also a need to integrate more nationals into private-sector roles, a long-standing policy objective supported by wage subsidies, training schemes and regulatory measures.

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Weather conditions across the UAE are set to turn more unsettled on Sunday, with cloud build-up, spells of rain in some areas and dusty winds affecting visibility, according to official forecasts.

The National Centre of Meteorology has said the day is expected to be partly cloudy at times, becoming occasionally overcast as convective clouds develop over eastern and southern parts of the country. These cloud formations may bring rainfall, particularly over mountainous areas, while conditions elsewhere are likely to remain variable through the day.

Forecasters indicated that surface winds will play a key role in shaping conditions. Winds are expected to be light to moderate at times, freshening during the day and occasionally becoming strong, especially in open areas and over the sea. These winds could stir up dust and sand, reducing horizontal visibility and making driving conditions challenging on exposed roads.

Temperatures are forecast to show noticeable contrasts between inland, coastal and mountainous regions. Daytime highs are expected to remain warm across much of the country, though increased cloud cover may moderate peak temperatures in some areas. Cooler conditions are anticipated over higher ground, particularly during the night and early morning, as cloud cover and shifting winds influence local weather patterns.

Humidity levels are also expected to fluctuate, with higher readings forecast overnight and into the morning, especially along coastal and northern areas. Meteorologists have cautioned that this may lead to mist or fog formation in isolated locations, further affecting visibility during early travel hours.

Marine conditions are expected to be unsettled as well. Seas in the Arabian Gulf are forecast to range from moderate to rough at times, particularly as winds strengthen. Conditions in the Sea of Oman are expected to be slight to moderate, though boat operators have been advised to monitor updates as conditions can change quickly with shifting winds and cloud activity.

Aviation authorities and transport officials have urged travellers to stay informed about weather developments, particularly those planning road trips or marine activities. Reduced visibility due to dust and the possibility of rainfall in certain regions may disrupt travel schedules and outdoor plans.

Meteorologists say the developing weather pattern reflects seasonal transitions that often bring increased atmospheric instability. Convective cloud formation typically occurs when surface heating combines with moisture and upper-level disturbances, leading to vertical cloud growth and the possibility of showers. Such systems are often localised, meaning some areas may see rainfall while others remain dry.

Emergency services and municipal authorities have reiterated standard safety advice during periods of unsettled weather. Motorists are urged to slow down during dusty or rainy conditions, maintain safe distances and use headlights when visibility drops. Residents in areas prone to water accumulation are advised to remain cautious if showers develop.

Farmers and outdoor workers have also been advised to plan activities carefully, as sudden changes in wind strength or rainfall could affect working conditions. For coastal communities and fishing operators, sea conditions warrant close attention, particularly during periods when winds strengthen unexpectedly.

The National Centre of Meteorology continues to monitor conditions around the clock using satellite imagery, radar systems and ground-based observations. Officials have emphasised that forecasts are updated regularly as new data becomes available, and residents are encouraged to follow official channels for timely information.

BNW Developments has unveiled the Tonino Lamborghini Residences on Al Marjan Island, marking the first time the Italian luxury lifestyle brand has anchored a residential project in Ras Al Khaimah and setting a new benchmark for branded waterfront living in the northern emirate. The launch positions the privately held developer behind what it describes as Ras Al Khaimah’s largest private real estate venture at the centre of a market drawing growing international investor interest.

The project brings together BNW Developments and Tonino Lamborghini, the brand founded by the son of the legendary Italian carmaker, to deliver a design-led residential community that blends Italian heritage with contemporary coastal architecture. Planned as a large-scale, master-planned development, the residences are set on Al Marjan Island, a man-made archipelago that has emerged as the emirate’s most prominent tourism and lifestyle hub.

Executives involved in the announcement said the collaboration reflects a deliberate strategy to move beyond conventional luxury offerings towards globally recognised branded residences that command long-term value. For Ras Al Khaimah, the development underscores a shift towards higher-end projects aligned with the emirate’s tourism and economic diversification agenda, particularly as hospitality, leisure and residential segments converge along the coastline.

The Tonino Lamborghini Residences are being positioned as ultra-luxury waterfront homes, with interiors inspired by Italian craftsmanship and modern European aesthetics. Design elements are expected to reflect the brand’s signature language, incorporating bespoke materials, curated finishes and lifestyle-focused amenities. While detailed specifications and unit pricing have not been formally disclosed, the developer has indicated that the project targets high-net-worth buyers seeking branded homes with strong rental and capital appreciation potential.

BNW Developments has expanded rapidly within Ras Al Khaimah’s real estate sector, capitalising on policy reforms, infrastructure spending and rising tourism flows. Al Marjan Island, in particular, has become a focal point for premium residential and hospitality investments, supported by new resorts, entertainment attractions and improved connectivity. Property consultants tracking the market say branded residences on the island are increasingly appealing to overseas buyers from Europe, Asia and the wider Middle East, drawn by comparatively attractive entry prices and long-term growth prospects.

The arrival of Tonino Lamborghini adds another internationally recognised name to the island’s evolving skyline, reinforcing a trend in which global lifestyle brands are lending their identity to residential projects across the UAE. Analysts note that branded developments typically command a premium over non-branded counterparts, supported by perceived quality assurance, curated services and brand-driven design consistency.

Industry observers also point to Ras Al Khaimah’s regulatory environment and measured approach to development as factors supporting sustained demand. Unlike more saturated markets, the emirate has emphasised phased growth, balancing tourism expansion with residential supply. This has helped maintain pricing discipline while attracting developers focused on differentiated offerings rather than volume-led construction.

For BNW Developments, the Tonino Lamborghini partnership is intended to elevate its profile beyond a regional developer into a player capable of executing globally benchmarked luxury projects. Company officials have described the residences as a long-term investment in brand equity, aligning the developer with an internationally known lifestyle name while contributing to the emirate’s ambition to compete with established luxury destinations.

Tonino Lamborghini’s leadership has framed the project as a natural extension of the brand’s presence in hospitality, accessories and interior design, translating its identity into a residential environment shaped by coastal living. The brand’s involvement is expected to extend beyond naming rights to include design oversight and lifestyle integration, a factor often scrutinised by buyers in the branded residences segment.

Arabian Post Staff -Dubai Gold, silver and platinum prices pushed to record levels at the close of the year, extending a powerful rally driven by geopolitical strains, a softer US dollar and thin trading conditions that magnified price swings across commodities markets. Spot gold climbed as much as 1.6% on Friday to trade above $4,540 an ounce, a level unseen before, while spot silver for immediate delivery […]

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Labour demand across the United Arab Emirates is on course to rise by more than one million roles by the end of the decade, with technology positions accounting for a growing share of new hiring as digital transformation accelerates across government and the private sector. The outlook, drawn from labour market modelling and workforce data cited in a new ServiceNow study, points to sustained growth driven by artificial intelligence adoption, cloud migration, cybersecurity needs and large-scale public investment programmes.

The report estimates that the UAE currently supports about 8.5 million jobs across its economy, of which roughly 169,000 are technology-focused roles. While this represents only a small fraction of total employment, the pace of change is expected to intensify as organisations automate processes, modernise legacy systems and respond to new regulatory and security requirements. Analysts tracking the Gulf labour market say the country’s ambition to position itself as a global hub for digital services, advanced manufacturing and knowledge industries is translating into long-term workforce demand rather than short hiring cycles.

Economic planners have prioritised sectors that combine high productivity with export potential, including financial technology, health technology, clean energy systems, logistics platforms and smart infrastructure. Programmes aligned with national digital strategies are encouraging public bodies and state-linked firms to move services online, adopt AI-enabled decision tools and integrate data across departments. Each of these shifts creates secondary demand for software developers, data engineers, cloud architects and IT service managers, while also reshaping non-technical roles that require digital fluency.

ServiceNow’s analysis suggests that technology roles are expanding faster than overall employment growth, even as traditional sectors such as retail, hospitality and construction continue to add jobs. Employers surveyed for the study reported difficulty filling specialised digital roles, particularly in cybersecurity operations, enterprise platform management and AI workflow design. These shortages are contributing to wage premiums for experienced professionals and increased investment in training pipelines.

Education providers and corporate academies have responded by scaling certification programmes, apprenticeships and mid-career conversion schemes. Universities in the UAE have expanded computer science and engineering intakes, while partnerships with global technology firms aim to align curricula with enterprise needs. Industry observers note that demand is not limited to coders; roles in product management, digital compliance, IT service delivery and change management are growing as organisations seek to embed technology into core operations.

Demographics and migration policy also shape the employment outlook. The UAE’s ability to attract skilled expatriates remains a central factor in meeting talent requirements, particularly for niche technical expertise that takes years to develop. Long-term residency options and sector-specific visas have helped stabilise the workforce, reducing turnover in high-demand roles. At the same time, localisation initiatives encourage employers to invest in training citizens for private-sector technology careers, broadening the domestic talent base.

Beyond pure technology positions, the report highlights a rise in hybrid jobs that combine domain knowledge with digital skills. In banking, compliance specialists increasingly work alongside data analytics teams; in healthcare, clinicians are expected to engage with digital records and AI-assisted diagnostics; in energy and utilities, engineers manage sensor-driven systems and predictive maintenance platforms. This blending of skills expands the effective footprint of the tech workforce beyond headline job titles.

Regional competition for talent is intensifying as neighbouring economies pursue similar diversification strategies. Salaries, quality of life and career progression prospects are key differentiators, according to recruitment firms operating in the Gulf. The UAE’s mature infrastructure, regulatory clarity and concentration of multinational headquarters continue to attract professionals, though employers face pressure to offer flexible working arrangements and clear upskilling pathways.

Arabian Post Staff -Dubai Abu Dhabi sovereign investor ADQ has closed a $5 billion five-year syndicated term financing deal in the Greater China region, strengthening its liquidity while broadening access to Asian capital markets at a time of shifting global funding dynamics. The transaction marks one of the largest offshore syndicated loans secured by a Middle East sovereign-backed investor this year and reflects sustained appetite among Asian […]

Stricter municipal requirements for private schools and learning facilities across Saudi Arabia have been issued by the Ministry of Municipalities and Housing, widening oversight of environmental quality, safety standards and urban planning as the kingdom continues to reshape its education landscape.

The updated framework applies to nurseries, kindergartens, schools and large educational complexes, covering private educational buildings established on land zoned for education as well as facilities built on government land leased to the private sector. It also extends to education facilities developed on plots allocated for commercial use, bringing a broader range of premises under a single municipal rulebook.

These revised rules aim to raise school standards, officials familiar with the changes say, by aligning environmental and safety benchmarks with national urban development goals. Municipal authorities will now assess new and existing private education facilities against clearer criteria for site suitability, building design, infrastructure access and community impact, with the stated objective of improving learning environments while reducing planning conflicts in fast-growing urban areas.

Environmental quality features prominently in the requirements. Schools and learning centres must meet stricter controls on waste management, ventilation, natural lighting and noise mitigation, particularly in densely populated districts. Municipal inspectors are expected to pay closer attention to how campuses manage traffic flow during peak hours and how outdoor spaces are designed to minimise heat exposure, reflecting broader sustainability priorities embedded in local planning codes.

Safety standards have also been expanded, with new specifications for emergency exits, fire prevention systems, accessibility for students with disabilities and safe pedestrian access. Facilities operating on leased government land will be subject to the same technical checks as those on privately owned plots, removing earlier ambiguities over compliance responsibilities between landlords and operators.

Urban planning considerations mark a significant shift in how private education projects are approved. The requirements link school licensing more tightly to neighbourhood zoning plans, population density and existing public services. Education facilities built on commercially zoned land must now demonstrate compatibility with surrounding uses, including retail and office developments, and show how student movement will be separated from heavy traffic and delivery routes.

Education sector specialists note that the changes reflect a growing emphasis on coordinated urban growth rather than piecemeal approvals. Private schooling has expanded rapidly over the past decade, particularly in major cities such as Riyadh and Jeddah, driven by demographic growth and rising demand for international curricula. Municipal authorities have faced mounting pressure to ensure that this expansion does not strain infrastructure or compromise safety.

Operators are being given clearer guidance on minimum plot sizes, building heights and setbacks, as well as requirements for green spaces and recreational areas. While the rules do not prescribe specific architectural styles, they emphasise functional design and durability, encouraging materials and layouts that support long-term use and lower maintenance costs.

For existing schools, the requirements introduce a phased compliance approach. Facilities already in operation will be required to align with the new standards within defined timeframes, with municipalities expected to prioritise critical safety and environmental upgrades. Education providers that fail to meet key benchmarks could face restrictions on licence renewals or limits on student capacity until deficiencies are addressed.

Private education investors and school operators are assessing the commercial implications. Some developers see higher upfront costs, particularly for projects planned on commercial land where redesigns may be needed to meet zoning compatibility rules. Others argue that clearer standards reduce regulatory uncertainty and improve asset quality over time, making compliant schools more attractive to parents and financiers.

The rules also intersect with broader national reforms aimed at improving quality of life and diversifying the economy under long-term development strategies. By tightening oversight of private education facilities, authorities are signalling that growth in the sector must be matched by higher standards of safety, sustainability and urban integration.

Municipal officials say enforcement will rely on closer coordination with education regulators to avoid duplication and ensure consistent interpretation of requirements. Digital permitting systems are expected to play a larger role in tracking compliance and scheduling inspections, although detailed implementation guidance is still being rolled out at the local level.

Arabian Post Staff -Dubai Qatar Investment Authority has joined a consortium of global investors backing a move to take Janus Henderson Group private, marking one of the largest asset-management buyouts announced this year and underlining sovereign interest in long-term financial services platforms. The all-cash transaction values the New York-listed firm at about USD 7.4 billion and is being led by Trian Fund Management alongside General Catalyst. Qatar’s […]

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Boeing has appointed Omar Arekat as vice-president for the Middle East, Gulf and North Africa, a senior leadership move that places a long-serving regional executive at the helm of one of the company’s most strategically important markets. The appointment comes as aircraft demand across the region continues to be shaped by fleet expansion, widebody replacement cycles and sustained defence procurement.

Arekat, who will be based in Dubai, takes charge of Boeing’s commercial and defence engagement across a region where the aerospace group employs more than 700 people and supports over 30 commercial airline customers alongside 12 armed forces. His remit covers government relations, industrial partnerships, customer support and business strategy across markets ranging from the Gulf to North Africa.

The leadership change underscores Boeing’s intention to maintain continuity in a region that has long been central to its widebody sales, particularly for long-haul aircraft. Airlines in the Gulf operate some of the world’s largest fleets of twin-aisle jets, while carriers in North Africa are increasingly modernising fleets to support tourism recovery and regional connectivity. Defence ties, including fighter aircraft, rotorcraft, training systems and sustainment contracts, also form a significant pillar of Boeing’s regional presence.

Arekat is widely regarded within the industry as a seasoned regional hand. Before taking on the vice-presidential role, he held senior commercial positions within Boeing’s Middle East operations, working closely with airline leadership teams, civil aviation authorities and defence ministries. His career has been closely tied to the region’s aviation growth story, particularly the expansion of hub-based carriers and the emergence of maintenance, repair and overhaul ecosystems in the Gulf.

Boeing’s Middle East footprint extends beyond sales offices. The company has invested heavily in training, engineering and supply-chain partnerships, working with local firms on aerostructures, composites and advanced manufacturing. These initiatives are often framed as part of national industrial diversification strategies pursued by several Gulf states, where aerospace has been identified as a priority sector.

The appointment takes place against a complex commercial backdrop for Boeing globally. The manufacturer continues to navigate production stabilisation, regulatory scrutiny and supply-chain constraints, particularly in its narrowbody programmes. While these issues have been most visible in North America, their implications are closely watched by Middle East carriers, many of which have large order backlogs and tightly planned delivery schedules.

Industry analysts note that leadership continuity and strong regional relationships are especially important for Boeing in this market. Gulf airlines tend to place large, long-term orders, often timed around major fleet renewals or network expansion phases. Any disruption to deliveries can have cascading effects on capacity planning, route launches and leasing strategies, making senior-level engagement critical.

Defence remains another key dimension of Boeing’s regional strategy. Several armed forces across the Middle East and North Africa operate Boeing platforms, including fighter aircraft, transport planes, helicopters and surveillance systems. The company’s regional leadership is typically involved in government-to-government frameworks, offset arrangements and long-term sustainment planning, areas that require deep familiarity with local regulatory and security environments.

Arekat’s appointment also reflects a broader trend among global aerospace firms to elevate executives with strong regional expertise rather than rotating leadership from headquarters. This approach is seen as a way to navigate increasingly complex geopolitical, regulatory and industrial landscapes, particularly in regions where aviation policy, defence procurement and industrial strategy are closely intertwined.

Boeing has indicated that the Middle East and North Africa will remain a growth priority over the coming decade, driven by air traffic growth above the global average and continued investment in defence modernisation. The company’s market outlooks have consistently pointed to strong demand for both single-aisle aircraft, supporting intra-regional travel, and widebodies for long-haul connectivity linking the region to Asia, Europe and the Americas.

Arabian Post Staff -Dubai   Abu Dhabi-based Modon Holding PSC has entered the United States residential property market through a new joint venture to build a 54-storey tower on the Hudson waterfront, marking a strategic push by the developer to diversify earnings and deepen exposure to mature, dollar-denominated real estate markets. The company said it has partnered with US developer Related Companies and Jersey City firm Panepinto […]

Arabian Post Staff -Dubai Italy’s Saipem has clinched a multi-billion-dollar offshore engineering, procurement, construction and installation contract from QatarEnergy LNG, marking one of the largest project awards in the global energy services sector and reinforcing Doha’s long-term expansion plans for liquefied natural gas production. The Milan-based engineering group said the overall value of the contract is about $4 billion, with Saipem’s share estimated at roughly $3.1 billion. […]

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Seef Properties has signed a lease agreement with UAE-based D’lish Café to open the brand’s first outlet in Bahrain at Al Liwan, adding a new premium food and beverage concept to the mixed-use destination in the Seef District of Manama. The deal underscores continued demand for curated dining experiences within lifestyle-led developments and reflects a broader push by property owners to anchor retail assets with recognisable regional brands.

The café, known for its contemporary menu and design-led spaces, is expected to occupy a prominent location within Al Liwan, a development that blends retail, leisure, dining, and community spaces. Executives involved in the agreement said the move aligns with Al Liwan’s positioning as a social hub rather than a conventional shopping centre, where food-led concepts play a central role in footfall generation and dwell time.

Seef Properties described the agreement as part of a wider strategy to deepen its portfolio of lifestyle tenants that appeal to both residents and visitors. The company has been recalibrating its leasing mix across assets to prioritise experiential retail, particularly dining formats that combine casual accessibility with premium presentation. Al Liwan, which hosts a range of cafés, restaurants, and entertainment offerings, has emerged as a flagship for that approach.

For D’lish Café, the Bahrain opening marks its first international expansion, signalling confidence in the kingdom’s dining market and its ability to support differentiated concepts. The brand has built a following in the UAE by focusing on high-quality ingredients, visually distinctive interiors, and menus designed to cater to breakfast, lunch, and evening socialising. Industry observers note that such all-day dining formats have gained traction across Gulf cities as consumer preferences shift towards flexible, experience-driven venues.

Executives familiar with the project said the Bahrain outlet will mirror the brand’s core identity while incorporating local design cues to resonate with the Al Liwan setting. Fit-out work is expected to proceed in line with Seef Properties’ guidelines for sustainability, accessibility, and integration with surrounding public spaces. While an opening date has not been formally announced, preparations are under way to align the launch with peak seasonal footfall at the destination.

The agreement comes at a time when Bahrain’s retail real estate sector is navigating structural changes driven by evolving consumer behaviour. Traditional mall formats have faced pressure from e-commerce and shifting spending patterns, prompting developers to emphasise food, leisure, and community experiences that cannot be replicated online. Analysts tracking the sector say developments that successfully curate strong dining line-ups are better positioned to maintain occupancy levels and rental stability.

Al Liwan’s tenant mix reflects that strategy, with food and beverage outlets accounting for a significant share of leasable space. The addition of D’lish Café is expected to complement existing concepts by targeting a demographic that values premium yet approachable dining. Seef Properties executives have previously indicated that tenant selection is guided by brand strength, operational track record, and the ability to contribute to a cohesive destination experience rather than standalone retail performance.

For D’lish Café, the Bahrain market offers exposure to a consumer base known for high per-capita spending on dining and a strong café culture. Manama’s Seef District, in particular, attracts a mix of residents, office workers, and visitors, providing a diversified customer base. Market analysts note that UAE-based brands expanding into Bahrain often view the kingdom as a strategic entry point for broader regional growth due to regulatory familiarity and cultural alignment.

The partnership also highlights increasing cross-border collaboration within the Gulf’s retail and hospitality sectors. As regional brands mature, developers are leveraging these names to differentiate projects and reinforce destination branding. At the same time, café and restaurant operators are seeking locations that offer built-in footfall and a lifestyle context aligned with their brand positioning.

UAE businesses used the Ambiente exhibition in Germany to project the country’s ambition to become a central hub in the global consumer goods trade, as officials and exporters sought to convert visibility into long-term commercial partnerships across Europe, Asia and the Middle East.

The country’s pavilion at the Ambiente fair in Frankfurt brought together manufacturers, designers and trading firms spanning homeware, lifestyle products, gifting and sustainable consumer goods. Organisers said the collective presence was designed to showcase both scale and diversity, with an emphasis on export readiness and cross-border collaboration rather than one-off transactions. The participation formed part of a wider strategy to deepen the UAE’s role in global supply chains at a time when buyers are reassessing sourcing models and regional diversification.

Ambiente is regarded as one of the world’s largest platforms for consumer goods, drawing tens of thousands of buyers, retailers and distributors each year. For UAE exhibitors, the event offered access to European retail networks and international wholesalers seeking alternatives to traditional manufacturing centres. Trade officials accompanying the delegation said meetings during the fair focused on long-term contracts, private-label manufacturing and co-branding arrangements, reflecting a shift towards higher-value engagement.

UAE Ministry of Economy representatives described the fair as a strategic opportunity to align the country’s manufacturing and re-export capabilities with evolving global demand. Officials highlighted the UAE’s logistics infrastructure, trade finance ecosystem and network of comprehensive economic partnership agreements as key advantages in attracting buyers looking for reliability and speed to market. The country has expanded its non-oil exports steadily, with consumer goods playing a growing role alongside metals, plastics and food products.

Exhibitors at the pavilion reported interest from buyers in sustainable materials, contemporary design and flexible production runs. Several companies said European retailers were exploring joint development of products that could be produced in the UAE and distributed across the Gulf, Africa and South Asia. This approach reflects a broader trend among global brands to shorten supply chains while retaining access to multiple consumer markets from a single base.

Frankfurt has become an important meeting point for this recalibration, as trade fairs increasingly serve as venues for strategic sourcing discussions rather than simple product showcases. Industry analysts note that manufacturers from emerging hubs are gaining attention as buyers weigh cost pressures, geopolitical risk and sustainability commitments. The UAE’s pitch at Ambiente centred on stability, regulatory clarity and the ability to integrate manufacturing, warehousing and distribution within a single jurisdiction.

Design-led firms from the UAE also used the exhibition to challenge perceptions that the country’s consumer goods sector is limited to trading and re-export. Several brands showcased original collections developed in collaboration with regional designers, blending Middle Eastern aesthetics with international trends. This creative emphasis was aimed at differentiating UAE products in a crowded marketplace and appealing to premium and mid-market retailers.

Sustainability featured prominently in discussions at the pavilion. Companies highlighted the use of recycled materials, energy-efficient production processes and compliance with European environmental standards. Officials said this focus was essential for competitiveness, as regulatory and consumer scrutiny in Europe continues to intensify. The UAE has invested in sustainability frameworks and industrial policies intended to support greener manufacturing, which exhibitors said helped build confidence among buyers.

The fair also underscored the role of small and medium-sized enterprises in the UAE’s export strategy. Many participating firms were SMEs seeking first-time entry into European markets. Trade support bodies facilitated introductions and provided guidance on certification, packaging requirements and logistics, reflecting an effort to reduce barriers for smaller exporters. Business owners said the ability to present as part of a national pavilion enhanced credibility and opened doors that would be difficult to access independently.

DraftKings has entered the fast-growing arena of regulated prediction markets with the launch of a new app offering event-based contracts tied to real-world outcomes, marking a notable expansion beyond its core sports-betting business. The company said its CFTC-approved platform, DraftKings Predictions, is live in 38 states, positioning the sports-wagering giant at the intersection of finance, forecasting and gaming at a time of heightened scrutiny over how Americans bet on non-sporting events.

The move places DraftKings alongside a small but expanding group of firms offering event contracts overseen by the US Commodity Futures Trading Commission, a regulatory route that differs from state-by-state gambling laws governing sports betting. Through DraftKings Predictions, users can take positions on outcomes ranging from economic indicators to political and cultural events, structured as contracts rather than traditional wagers. The company argues the model emphasises price discovery and market participation rather than gambling, a distinction that has been central to regulatory debates.

DraftKings said the new product operates through a CFTC-registered entity and complies with federal commodities law, allowing it to reach customers in states where sports betting remains restricted. The company framed the launch as a response to consumer demand for alternative ways to express views on real-world outcomes, while maintaining that safeguards are in place to limit misuse and ensure transparency. Executives have also pointed to risk-management tools and customer-verification standards similar to those used in its sportsbook operations.

The expansion comes as prediction markets gain renewed attention in the United States. Platforms offering event contracts have existed for years, often used by academics and traders to forecast elections or economic trends, but broader public adoption has accelerated as digital platforms have simplified access. Supporters argue these markets aggregate information efficiently and can produce forecasts that rival traditional polling or expert analysis. Critics counter that they blur the line between informed trading and speculative betting, particularly when contracts reference sensitive political events.

Regulators have taken a cautious but engaged stance. The Commodity Futures Trading Commission has emphasised that event contracts must meet standards designed to prevent market manipulation and protect the public interest. Questions over which types of events are permissible have led to consultations and, in some cases, requests for platforms to pause or modify offerings. DraftKings’ entry suggests confidence that its structure aligns with federal expectations, though the space remains under active review.

For DraftKings, the strategic rationale extends beyond regulatory arbitrage. The company has spent the past decade building a large, data-rich user base through daily fantasy sports and online sportsbooks. Prediction markets offer a way to diversify revenue streams and engage customers outside traditional sports calendars, potentially smoothing seasonal fluctuations. Analysts note that margins and customer behaviour in event-contract trading differ from sports betting, with pricing dynamics closer to financial markets than odds-making.

Competition is intensifying. Smaller, specialist platforms pioneered the sector, while mainstream financial apps have shown interest in integrating event contracts as a form of alternative asset. Kalshi, one of the most prominent CFTC-regulated prediction exchanges, has argued that clear federal oversight provides legitimacy and scalability. The arrival of a household name such as DraftKings is likely to increase public awareness and could accelerate policy discussions about the boundaries of the market.

The launch also raises political and ethical considerations. Event contracts linked to elections or public policy outcomes have drawn criticism from lawmakers who worry about perceptions of profiting from democracy or crises. DraftKings has indicated it will curate offerings carefully and comply with any guidance restricting certain categories. The company has previously faced regulatory challenges in the evolution of daily fantasy sports and sports betting, experience that may inform its approach to navigating this new terrain.

Investors are watching closely. DraftKings’ shares have historically been sensitive to regulatory signals and product expansion news, reflecting the company’s reliance on favourable legal frameworks. Entering prediction markets could bolster its growth narrative, but it also exposes the firm to federal-level policy shifts rather than the patchwork of state decisions that shaped sports betting’s rollout. The cost of compliance, technology build-out and potential legal challenges will influence how quickly the segment contributes to earnings.

Sharjah is finalising preparations to host the eighth Arab Women’s Sports Tournament, a multi-sport event scheduled to run from February 2 to 12, bringing together elite female athletes from across the Arab world in what organisers describe as a milestone for women’s competitive sport in the region.

Organised by the Sharjah Women Sports Foundation, the tournament is expected to draw teams from more than a dozen countries to compete across disciplines including basketball, volleyball, table tennis, fencing, athletics and archery. Officials say venues across the emirate have undergone technical upgrades and test events to meet international competition standards, while logistics plans covering accommodation, transport and medical services are being finalised.

The competition, formally known as the Arab Women’s Sports Tournament, has become a fixture on the regional calendar since its launch in 2012. It aims to expand opportunities for female athletes, raise performance benchmarks and create a platform where emerging talents can measure themselves against established competitors. Organisers say the February edition will place added emphasis on athlete welfare, officiating quality and broadcast production to extend the tournament’s reach.

Officials involved in planning say participation levels this year reflect growing institutional support for women’s sport across the Middle East and North Africa. National federations have confirmed full-strength squads in several team sports, while individual events are expected to feature athletes who have competed in continental and global championships. The organisers note that the depth of competition has increased steadily over successive editions, with closer scorelines and higher technical standards.

Sharjah hosts expanding Arab women sports event has become a recurring narrative for the emirate, which has invested heavily in grassroots and elite programmes over the past decade. Sports administrators say the tournament aligns with wider strategies to integrate physical education, competitive sport and leadership development for women and girls. Training clinics, refereeing workshops and youth engagement activities are planned alongside the competition calendar to maximise long-term impact.

The Sharjah Women Sports Foundation has stated that preparations also include collaboration with international federations to ensure rules compliance and consistency in judging. Advanced timing systems, video review where applicable, and certified officials will be deployed to maintain competitive integrity. Medical teams with experience in elite sport will be on site throughout the tournament, supported by emergency response units coordinated with local authorities.

Economic and social spillover effects are also part of the planning calculus. Hospitality operators anticipate increased occupancy during the tournament period, while local vendors and service providers are expected to benefit from ancillary demand. Cultural programmes linked to the event will showcase heritage sites and community initiatives, reinforcing Sharjah’s positioning as a host for sports and cultural exchange.

Athletes and coaches familiar with previous editions say the tournament offers a rare environment where women’s sport takes centre stage across multiple disciplines simultaneously. For younger competitors, exposure to international-level organisation and media attention is viewed as a stepping stone toward professional pathways. For established athletes, the event provides competitive continuity between continental championships.

Ras Al Khaimah has faced one of the most intense rainfall episodes in its recorded history, with official gauges measuring up to 127 millimetres across two days as a powerful storm system swept the northern emirates. The deluge exceeded the emirate’s typical annual average, overwhelming drainage networks and triggering flash flooding in low-lying and mountainous areas.

Authorities said the heaviest downpours were concentrated around Mina Saqr, Jebel Al Rahibah and the upper reaches of Jebel Jais, where steep terrain funnelled runoff into wadis and access roads. Several residential districts reported water entering homes and ground floors, while industrial zones near the coast saw yards and warehouses inundated. Emergency crews were deployed through the night to clear debris, pump water and assist stranded motorists.

Meteorological data show that the system delivered short bursts of exceptionally intense rainfall, a pattern that hydrologists say increases flood risk even where total volumes might otherwise be manageable. In the mountains, rainfall totals were uneven but locally extreme, with gauges registering more than a year’s worth of rain over 48 hours. The combination of saturated ground and rapid runoff led to temporary road closures and landslides on feeder routes to higher elevations.

Officials from civil defence and municipal services said no fatalities had been reported, though injuries were treated at local hospitals and several families were temporarily relocated as a precaution. Schools in affected zones shifted to remote learning for a day while assessments were carried out. Power and water supplies were largely maintained, though brief outages were recorded in pockets where substations were flooded.

The storm formed as moist air from the Arabian Sea collided with a slow-moving upper-level trough, creating prolonged convective activity over the UAE’s north. Weather specialists noted that while heavy rain events are not unprecedented, the persistence and concentration over Ras Al Khaimah set this episode apart. Satellite imagery showed successive storm cells tracking along the same corridor, repeatedly dumping rain over the same catchments.

Urban planners and climate scientists say the episode underlines growing exposure to extreme weather in arid regions. Studies of the Gulf’s climate indicate a tendency towards more erratic rainfall, with longer dry spells punctuated by intense storms. Such shifts challenge infrastructure designed around historical averages, particularly drainage systems sized for shorter, lighter showers.

Ras Al Khaimah’s leadership said post-storm reviews would examine drainage capacity, early-warning protocols and land-use planning in flood-prone areas. Investment in wadis management and retention basins has increased in recent years, but officials acknowledged that rapid development and changing rainfall patterns require constant reassessment. Work crews were already clearing silt from channels and inspecting culverts to restore full flow capacity.

Residents described scenes of fast-moving water sweeping through streets and wadis within minutes of the heaviest rain. In mountain communities, drivers abandoned vehicles as torrents crossed roads, while hikers on Jebel Jais were escorted to safety by rescue teams once conditions allowed. Authorities reiterated advisories against entering wadis during storms, warning that flows can rise without notice far downstream from where rain is falling.

Insurance providers said claims assessments were under way, with early indications pointing to damage to vehicles, ground-floor properties and small businesses. Analysts noted that insurance penetration for flood damage remains uneven, leaving some households reliant on emergency assistance and community support. Local charities and volunteer groups organised relief supplies, including pumps and cleaning equipment, to help affected families return to their homes.

The episode has also prompted renewed discussion about data sharing and public communication. Meteorologists said advances in radar and nowcasting allow for more precise warnings, but effective response depends on rapid dissemination and public trust. Authorities credited social media alerts and mobile notifications with reducing exposure, though they acknowledged that compliance varies, particularly among motorists accustomed to short-lived showers.

Eight CryptoPunks non-fungible tokens have been accepted into the permanent collection of New York’s Museum of Modern Art, a move that places one of the most influential crypto-native projects alongside canonical works of modern and contemporary art. The acquisition underscores the growing institutional recognition of blockchain-based art forms, even as debate continues over their cultural and market value. The works were added through a donation organised by […]

Ministry of Finance has announced Cabinet Decision No. 153 of 2025, setting out the application of the reverse charge mechanism on the trading of metal scrap between VAT-registered businesses in the UAE, with the framework scheduled to take effect on 14 January 2026. The move is positioned as a targeted adjustment to the country’s value-added tax regime, aimed at strengthening compliance and reducing tax leakage in a sector long regarded by authorities as vulnerable to misreporting and cash-based transactions.

The decision has been issued under the provisions of Federal Decree Law No. 8 of 2017 on Value Added Tax, along with its subsequent amendments, and Cabinet Resolution No. 52 of 2017 covering the Executive Regulations of the VAT law. Together, these instruments provide the legal basis for shifting VAT liability from the supplier to the recipient in specified transactions, a mechanism already familiar to many businesses operating in regulated or high-risk supply chains.

Under the reverse charge mechanism, the obligation to account for VAT on a transaction moves from the seller to the buyer, provided both parties are registered for VAT. In the context of metal scrap trading, this means suppliers will issue tax invoices without charging VAT, while purchasers will self-account for the tax in their VAT returns, subject to the normal rules on input tax recovery. Officials say the approach is designed to curb evasion practices that can arise where VAT is charged but not remitted to the tax authority.

The Ministry of Finance has framed the decision as part of a broader effort to fine-tune the VAT system since its introduction in 2018, responding to sector-specific risks identified through audits and market monitoring. Metal scrap trading, which often involves multiple intermediaries and fluctuating commodity prices, has been highlighted in several jurisdictions worldwide as an area where reverse charge measures can enhance transparency and simplify enforcement.

The cabinet decision on scrap VAT treatment reflects a policy choice already adopted in parts of Europe and Asia, where tax authorities have used reverse charge rules to counter carousel fraud and other forms of abuse linked to recyclable materials and metals. By aligning with these international practices, the UAE is seeking to balance ease of doing business with the need for robust revenue protection.

Industry participants are now assessing how the change will affect cash flow and contractual arrangements. For suppliers, the removal of VAT charging on eligible scrap transactions may reduce administrative burdens and the need to finance VAT amounts pending recovery. Buyers, on the other hand, will need to ensure their accounting systems can correctly self-assess VAT and reflect the entries accurately in periodic returns. Tax advisers note that while the mechanism is neutral in theory for fully compliant, fully taxable businesses, errors in classification or documentation could lead to penalties.

The decision applies specifically to transactions between registrants, underscoring the importance of verifying counterparties’ VAT registration status. Businesses involved in mixed supplies, or dealing with unregistered parties, will need to distinguish carefully between transactions subject to the reverse charge and those that remain under the standard VAT rules. This distinction is expected to be a focal point of guidance and compliance reviews ahead of the January 2026 effective date.

Officials have indicated that further clarification will be issued through administrative guidance to define the scope of “metal scrap” covered by the decision, drawing on existing definitions used in customs and commercial practice. Market participants expect this to include waste and scrap from metals such as iron, steel, aluminium and copper, though the final interpretation will determine how widely the measure applies across recycling and manufacturing chains.

The timing of the announcement gives businesses more than a year to prepare, adjust contracts and update systems. Tax specialists view this lead time as significant, allowing companies to conduct impact assessments and staff training without disrupting ongoing operations. It also provides an opportunity for the authorities to engage with industry bodies and address practical concerns before enforcement begins.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
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