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....