China–UAE News

SABIC and Dubai Holding Lead September’s Top Regional Construction Contracts

SABIC and Dubai Holding led regional contract awards in September across energy and construction sectors. A major highlight was Dubai Holding awarding an AED 5 billion contract to China State Construction Engineering Corporation Middle East (CSCEC ME) for its new headquarters and residential towers. In Saudi Arabia, SABIC Agri-Nutrients awarded an EPC contract valued at nearly $3.47 billion to Samsung E&A.

China–UAE News

Ras Al Khaimah Partners with Shenzhen Center for AI-Powered Transport Systems

The Ras Al Khaimah Transport Authority has signed an MoU with Shenzhen Urban Transport Planning Center Co. Ltd. to develop smarter, integrated transport systems. The agreement explores artificial intelligence, autonomous mobility, and emerging low-altitude transport solutions.

China–UAE News

BYD’s Luxury Brand Yangwang to Unveil Executive Sedan in the UAE

BYD's ultra-luxury sub-brand Yangwang has confirmed plans to debut an executive sedan, codenamed 'HU', in the United Arab Emirates. The announcement was made by Yangwang sales general manager Hu Xiaoqing, though a specific date and venue have not yet been disclosed. Industry reports indicate the upcoming model could measure approximately 5.5 meters in length and cost over 2 million yuan.

Industry News

Saudi-Chinese Consortium Secures $306 Million Qiddiya Stadium Facade Contract

IKK Fangda JV Co., a joint venture between China Fangda Group and Saudi-based Isam Kabbani & Partners, has been awarded an SR1.15 billion ($306 million) contract for Qiddiya's Prince Mohammed bin Salman Stadium. The consortium will design, supply, and install curtain-wall facades for the venue, which is planned for the 2034 FIFA World Cup. The contract represents 60.7 percent of China Fangda Group's audited operating revenue in 2025.