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The Secretary General of the Gulf Cooperation Council (GCC), Jasem Al-Budaiwi, met with Shan Zhongde, the Director of the China Atomic Energy Authority, to explore opportunities for enhancing cooperation in the peaceful use of nuclear energy. This meeting occurred on the sidelines of the first GCC-China Forum on Peaceful Uses of Nuclear Technology, which took...
Adnoc has signed significant liquefied natural gas (LNG) supply agreements with Chinese companies, marking a crucial step in enhancing economic ties between the UAE and China, the world’s second-largest economy. Under a 15-year contract with a subsidiary of ENN Natural Gas, Adnoc will supply up to one million tonnes of LNG annually, as reported by...
India and the United Arab Emirates have reached an agreement to develop an energy hub in Sri Lanka, according to a statement from the Ministry of External Affairs. This initiative comes as New Delhi faces increasing competition from China in the Indian Ocean region. The pact was signed during Prime Minister Narendra Modi’s visit to...
The Al-Futtaim Family Office from Dubai has become a strategic investor in the Chinese electric vehicle maker BYD Co., which recently raised HK$43.5 billion (approximately $5.6 billion) in Hong Kong’s largest share sale in nearly four years. This significant investment comes as BYD sold 129.8 million shares, priced at HK$335.20 each, reflecting a 7.8% discount...
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. In his opening remarks, Abdullah bin Touq Al Marri emphasized that the summit marks a significant development in economic relations between...
An economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has recently concluded a successful visit to China, where they signed several key agreements aimed at improving cooperation between government agencies and private sector companies in both regions. This visit underscores the growing economic relationship between the two areas....
Abu Dhabi is intensifying efforts to boost investments with China, anticipating that bilateral trade will reach $200 billion by 2030. The Abu Dhabi Department of Economic Development (ADDED) is leading an economic delegation to China as part of this initiative, aiming to strengthen the emirate’s role as a global hub for talent, businesses, and investments....