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Source: Gulf News

Sharjah FDI Projects Rose 45% in 2025, Invest in Sharjah CEO Reports

Sharjah recorded a 45 percent increase in foreign direct investment projects in 2025, according to Mohamed Juma Al Musharrkh, CEO of the Sharjah FDI Office (Invest in Sharjah). Speaking to the Emirates News Agency ahead of the ninth Sharjah Investment Forum, Al Musharrkh highlighted that global capital is concentrating in stable markets with clear legal frameworks. Non-oil activities accounted for 79.4 percent of the UAE economy in the first quarter of 2026.

Industry News
Source: Nikkei Asia

Saudi Arabia and UAE Plan to Bolster Asian Strategic Oil Reserves

Saudi Arabia and the UAE are set to assist Asian nations in expanding their crude oil reserves, Nikkei Asia reported. The two Gulf energy producers are also expected to provide priority crude supplies during emergency situations. The initiative includes exploring agreements to store crude oil in Asian locations to enhance regional energy security.

Industry News
Source: صوت الإمارات

China 5G Base Stations Top 5.19 Million as 5G Subscribers Reach 1.31 Billion

Official data released by China's Ministry of Industry and Information Technology shows steady growth in the telecommunications sector during the first eight months of the year. The total number of 5G base stations reached 5.195 million by the end of August, while 5G mobile phone subscribers climbed to 1.311 billion. Mobile internet traffic rose 17.3 percent year-on-year to 297.1 billion gigabytes.

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