BI Group UAE has signed a memorandum of understanding with CITIC Middle East Contracting, a UAE subsidiary of China's CITIC Construction Co. The agreement outlines CITIC's proposed role as main contractor for three real estate projects in Dubai's Meydan Horizon. CITIC will participate in early-stage design, planning, value engineering, and site coordination.
The UAE Ministry of Human Resources and Emiratisation reported a 34.5 percent decrease in private-sector companies committing fake Emiratisation violations in 2025. Penalized establishments dropped from 1,037 in 2024 to 679 in 2025 following enhanced digital tracking and inspections. Enforcement continues under Cabinet Resolution No. 43 of 2025.
Chinese technology and robotics firms, including LinkerBot, are exploring manufacturing and assembly partnerships in the UAE to scale physical artificial intelligence hardware. The move aligns with the UAE's Operation 300bn initiative, which aims to expand the country's industrial GDP contribution to Dh300 billion by 2031.
Payward, the parent company of cryptocurrency exchange Kraken, has secured Full Market Approval from Dubai's Virtual Assets Regulatory Authority for its subsidiary Payward FZCO. The license permits the entity to operate as a regulated Virtual Asset Service Provider for retail, professional, and institutional clients. The platform will support AED-denominated pairs alongside direct dirham deposits and withdrawals.
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Membership
Tell us about your experience and connection to UAE–China business. UECN assesses your application and offers the right membership category — fees are shared privately with your offer.
We send you a one-time sign-in link — your answers are saved as you go.
