NEWS & INSIGHTS

28 April 2026Announcement

Trading house rebrands as Golden Legacy Trading L.L.C

We're pleased to announce that the firm previously operating as Legacy CO Trading L.L.C has been formally rebranded as Golden Legacy Trading L.L.C, effective 28 April 2026. The rebrand was registered through Dubai Economy & Tourism's eNotary platform under the same trade license. Operating from our Al Khabaisi office in Deira, the firm covers ten core categories across construction, finishing, and infrastructure supplies.

The company continues to operate under Trade License No. 1435461, originally issued by Dubai Economy & Tourism on 05/11/2024 and valid through 04/11/2026. The firm trades across the full breadth of building materials — from cement and aggregates to electrical fittings, sanitary ware, and HVAC systems.

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April 2026Market

UAE construction sector poised for record year

Dubai municipality data shows building permits up 18% YoY in Q1 2026, driven by Dubai 2040 Master Plan deliveries and Sharjah's industrial expansion. Cement, structural steel, and finishing materials are seeing tightened supply windows.

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April 2026Logistics

Iraq corridor: revised tariff schedule & Karar 957/2025

Iraq's revised customs tariff schedule under Karar 957/2025 sets duties at 5–20% across the major HS chapters relevant to building materials. We've updated our internal calculator and can now quote landed prices to Erbil and Baghdad with full duty visibility.

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March 2026Sourcing

New supplier MOUs signed at Bauma China 2026

Direct factory MOUs in place with three new manufacturers — premium ceramic tiles, modular partition systems, and energy-efficient lighting fixtures. Expanded range adds depth to projects requiring brand alternatives or competitive benchmarks.

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March 2026Regulation

UAE Tax Procedures Law update — practical impact for traders

Recent FTA clarifications on the VAT treatment of tripartite shipments simplify documentation for Dubai-routed orders bound for GCC destinations. We've adjusted our invoicing flow accordingly.

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February 2026Operations

Al Khabaisi HQ: doubling our project storage capacity

Expanded warehouse partner agreement near Jebel Ali doubles our consolidation capacity — important for project orders that combine multiple categories under a single shipment.

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