China International Capital Corporation Limited (CICC), recognized as China’s leading investment bank, has officially opened a branch in the Dubai International Financial Centre (DIFC), a prominent global financial hub serving the Middle East, Africa, and South Asia (MEASA) regions. This new branch operates under the name China International Capital Corporation Hong Kong Securities Limited, holds...
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05.06.202505.06.2025Manufacturing
UAE-US Initiative to Produce Gallium Aims to Reduce Dependence on China
A new collaborative effort between the UAE and the United States seeks to produce gallium, a chemical element essential for semiconductor manufacturing, in Abu Dhabi. This initiative aims to alleviate the reliance on China, which currently dominates the gallium supply and pricing. Industry experts indicate that establishing manufacturing plants for gallium will take years and...
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04.06.202504.06.2025Aviation
Emirates and Air China Strengthen Partnership with New MoU to Enhance Connectivity
Emirates and Air China have signed a Memorandum of Understanding (MoU) to deepen their partnership and improve travel links between the United Arab Emirates and China. The agreement was formalized during the 81st International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit (WATS) held in New Delhi. The MoU was...