China–UAE News

Acate Selects 40 Brazilian Tech Companies Targeting Expansion into China and UAE

The Santa Catarina Technology Association has selected 40 Brazilian tech firms for the inaugural cohort of its Acate Global Ready internationalization program. Developed in partnership with Canada's Conestoga College Centre for Entrepreneurship, the initiative prepares established tech firms to expand into priority markets including China and the UAE. Participants will receive training in go-to-market strategies and regional intelligence over seven weeks.

Industry News

Brent Crude Hits Highest Level Since April on Regional Attacks, UAE Oil Spill

Brent crude climbed to an intraday high of $117.45 per barrel on Friday following Houthi attacks on energy infrastructure in Saudi Arabia and a reported oil spill off the UAE coast. Brent futures gained 2.81% to reach $116.35, while US West Texas Intermediate rose 3.52% to $102.97. UAE authorities confirmed a tanker spill off Umm Al Quwain, though the vessel and cause remain unidentified.

China–UAE News

Yicai Global Unveils 10-Year MAPS Strategy Adding Arabic Coverage and Business Services

Yicai Global, the English-language arm of Yicai Media Group, has announced a 10-year expansion plan titled the MAPS strategy to build a global financial media and business services platform by 2035. The framework incorporates multilingual expansion including Arabic, AI-driven content operations, and commercial support services for cross-border enterprises.

Industry News

UAE Announces Official Fuel Prices for October 2026

The UAE Gasoline and Diesel Prices Follow-up Committee has approved retail fuel prices for October 2026. The rates reflect international energy market movements under the nation's monthly pricing mechanism. Super 98 was set at AED 4.40 per litre, Special 95 at AED 4.28, E-Plus 91 at AED 4.21, and diesel at AED 4.80 per litre.