News

China–UAE News

UAE Delegation Seeks Chinese Investment in Advanced Manufacturing at Shanghai Industry Fair

A UAE delegation led by the Ministry of Industry and Advanced Technology is attending the China International Industry Fair 2026 in Shanghai. The visit focuses on expanding industrial cooperation, technology transfer, and Chinese investment in advanced manufacturing. Concurrently, GCC central bank governors met with the People's Bank of China to advance bilateral financial and banking integration.

China–UAE News

Sharjah and China Discuss Expanding Ties in Technology, Healthcare, and Manufacturing

Sharjah and Chinese officials held discussions to expand bilateral economic and industrial collaboration across multiple sectors. Talks addressed opportunities in artificial intelligence, data centres, healthcare, and automotive manufacturing. Bilateral trade between Sharjah and China reached approximately AED 6.3 billion in 2025, with 851 Chinese enterprises operating in the emirate as of June 2026.

Policy & Legal Updates

Sharjah Targets 20 Percent FDI Increase to Reach $2.5 Billion Annual Benchmark

Sharjah has launched an initiative targeting a 20 percent rise in foreign direct investment to reach $2.5 billion annually. Authorities are introducing AI tools for investors and focusing on logistics, transport, manufacturing, hospitality, and technology. The emirate has also approved 52 real estate projects for foreign freehold ownership under Executive Council Resolution No. 30 of 2022.

Industry News

UAE and Kuwait Expand Naphtha Exports to Asia via Offshore Transfers

The UAE and Kuwait have increased naphtha exports to Asian petrochemical producers using ship-to-ship transfer operations conducted outside the Strait of Hormuz. Between August and September, ADNOC and Kuwait Petroleum Corporation exported approximately 1.6 million metric tons of naphtha, more than doubling shipments from the March-April period. The surge reflects growing utilization of alternative loading and offshore transshipment hubs including Fujairah and waters off Oman and India.