AGP Executive Report
Last update: 3 hours agoUAE Corporate Tax Compliance: The UAE Federal Tax Authority reminded firms eligible for Small Business Relief that they still must register for Corporate Tax, file simplified returns, and keep supporting records—deadlines depend on the tax period (e.g., Dec 31, 2025 year-end by Sept 30, 2026). DIFC SPV Rules: DIFC updated its Prescribed Company (SPV) regulations, expanding and simplifying access to holding and structuring vehicles while requiring a DIFC-licensed Corporate Services Provider in most cases. UAE Payments Modernisation: The Ministry of Finance adopted “Aani” and “Jaywan” as new federal payment channels for service fees and fines. Rail Passenger Uptake: Etihad Rail said it has sold 70,000+ passenger tickets since services began, with bookings averaging about 12 days ahead. Autonomous Mobility Push: Abu Dhabi stepped up work on autonomous transport via multi-sector workshops, including autonomous maritime transport discussions. Energy & Investment: DEWA said its IWPP model has attracted over Dhs47.4bn in investments over 12 years and earned a seven-star recognition. Dubai Enforcement: Dubai Police shut 103 fake social media accounts in Q2. Business & Trade: UAE-UK trade topped $30bn after FTA talks, while Emirates SkyCargo reported UK export growth and rising aerospace and pharma volumes. Market Mood: Gulf stocks generally rose as oil slid after Trump paused Iran strikes, while Dubai’s index gained 1.4%. Food Safety Action: ADAFSA administratively shut down So Great Restaurant in Abu Dhabi over repeated food safety violations. Court Ruling: A Dubai court ordered a man to pay a luxury car rental company Dhs208,673 plus legal interest after a Ferrari rental dispute.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.