National banks in the UAE posted double-digit annual increases across key performance indicators in August 2026, according to Central Bank of the UAE data published by Voice of Emirates. National bank assets rose 13.6% year-on-year to exceed AED 5.15 trillion, while total credit expanded 19.2% to AED 2.663 trillion. Deposits at national banks increased 14.2% to AED 3.181 trillion over the same period.
UAE Presidential Special Envoy Khaldoon Khalifa Al Mubarak met Chinese Foreign Minister Wang Yi in Beijing on October 13, 2026. The two officials reviewed bilateral ties under the Comprehensive Strategic Partnership framework and discussed expanding cooperation in key sectors. Both sides reaffirmed commitments to broaden trade and investment opportunities and maintain regular diplomatic consultation.
A UAE delegation attended the China International Industry Fair 2026 in Shanghai to expand industrial partnerships and technology exchange. Led by the Ministry of Industry and Advanced Technology, officials presented national incentives to Chinese enterprises in artificial intelligence, smart manufacturing, and supply chains.
Jiangsu Ocean Shipping has officially launched branch operations in the Middle East and Vietnam to expand parent company Jiangsu Port Group's footprint under the Belt and Road Initiative. Jiangsu Port Group also signed a strategic cooperation agreement with UAE port operator DP World. The partnership will focus on marine terminals, shipping routes, cargo acquisition, and end-to-end logistics solutions connecting China with the region.
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