Gulf energy producers are poised to expand their market share in China as crude shipments from Iran decline amid regional conflict, according to Vortexa. Total Middle East crude imports into China are forecast to reach roughly 4.5 million barrels per day in October 2026.
The Abu Dhabi Residents Office released updated criteria on October 19, 2026, for foreign professionals seeking a 10-year UAE Golden Visa. Applicants must earn a minimum monthly basic salary of AED 30,000, excluding allowances, and hold Ministry Level 1 or Level 2 occupational status.
Sheikh Saud bin Saqr Al Qasimi led a delegation to the Ras Al Khaimah-China Business Summit in Shenzhen on October 19–20, 2026. The emirate announced plans to establish a representative office in Guangzhou and signed strategic agreements with Chinese technology firms. Over 400 Chinese companies operate in Ras Al Khaimah, with bilateral non-oil trade exceeding $110 billion in 2025.
The UAE Ministry of Economy and Tourism has signed a memorandum of understanding with Sharjah Publishing City Free Zone to streamline trademark registration and intellectual property protection. The agreement establishes direct operational channels for licensed companies to safeguard business assets. The initiative also includes technical guidance and training workshops for international investors and free zone staff.
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