Over 15 000 Chinese Companies Active in UAE Markets, Says Minister of Economy

The Investopia 2025 event recently hosted the China-Arab Entrepreneurs Summit, themed “Seizing New Opportunities.” The event brought together over 400 leaders, decision-makers, and entrepreneurs from the Arab world and China, along with 18 speakers.

Over 15,000 Chinese Companies Active in UAE Markets, Says Minister of Economy
Credit: MSN

In his opening remarks, Abdullah bin Touq Al Marri emphasized that the summit marks a significant development in economic relations between Arab countries and China. He noted that these relations have gained momentum in recent years, and the UAE aims to further enhance this strategic partnership for mutual benefit. He highlighted that approximately 15 500 Chinese companies are currently operating in UAE markets, making China the UAE’s largest trading partner and the UAE the largest partner for China in the Middle East and North Africa.

Al Marri stated that the UAE has successfully attracted substantial investments from Chinese companies, which have invested over $6 billion across various sectors, including retail, financial services, real estate, and construction. He attributed this success to the UAE’s favorable business environment, characterized by long-term residency programs, 100% foreign ownership, and streamlined business licensing processes. These factors have solidified the UAE’s status as a leading business and investment destination, aligning with the objectives of ‘We the UAE 2031.’

The Minister also expressed support for the Belt and Road Initiative, which aims to foster shared prosperity and economic growth. He explained that this initiative facilitates trade development and enhances investment flows, ultimately creating beneficial economic partnerships for both Arab and Chinese nations. He called for the adoption of modern technologies and a focus on entrepreneurship to transform global economic challenges into opportunities for resilience in the region’s economies.

Jean-Pierre Raffarin remarked on the significant economic growth potential in the Middle East over the next decade and identified the UAE as an ideal hub for Chinese businesses seeking to establish a presence in the region. William Wang, Chief Representative for Middle East & Africa at SIEF, noted that the organization has assisted over 800 Chinese business leaders in gaining valuable insights into the UAE’s business landscape, enabling them to explore investment opportunities and expand into new markets.

The summit also included discussions on various topics, such as the financing of innovation and growth. A session titled “Leveraging Cross-Border Investment to Support New Economy Growth” focused on enhancing global investment flows and their impact on startups. Participants discussed how cooperation among Arab, Chinese, and international markets can create a sustainable investment ecosystem that supports the transition to a new economy.

Hamad Al Mazrouei, CEO of the ADGM Registration Authority, emphasized the importance of workforce empowerment for driving economic growth. He highlighted the need for developing digital skills and enhancing training programs to adapt to the evolving job market. Meanwhile, the session “Unveiling Tomorrow’s Minds” addressed the critical role of education in preparing future leaders and aligning business practices with technological advancements.

During the summit, SIEF announced the establishment of six new strategic partnerships with key institutions, which were signed in the presence of Abdullah bin Touq Al Marri and Jean-Pierre Raffarin. The new partners include Investopia, the Ministerial Standing Committee on Scientific and Technological Cooperation of the Organisation of Islamic Cooperation Countries, Abu Dhabi Global Market Academy, Abu Dhabi School of Management, Hub 71, Saal, and WeCarbon.

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