News

China–UAE News

Chinese Direct Investment in UAE Reaches 2.6 Billion Dollars Amid Bilateral Growth

China's outbound direct investment into the UAE reached $2.6 billion, more than tripling from the previous reporting year, according to the UAE-China Chamber of Commerce. Bilateral non-oil trade surpassed $100 billion as Chinese financial institutions expanded their presence in the Dubai International Financial Centre. Multiple Chinese energy companies and healthcare delegations also advanced bilateral commercial engagements.

Policy & Legal Updates

ADGM Fines PKF and Audit Principal $100,000 Over Audit Deficiencies

The Registration Authority of Abu Dhabi Global Market has imposed financial penalties totalling $100,000 on PKF Accountants and Business Advisers LLP and its audit principal. The penalties follow an inspection that uncovered failures to adhere to International Standards on Auditing and inadequate fraud risk assessments. PKF received a $65,000 fine, while its audit principal was fined $35,000.

Industry News

UAE Stocks End Mixed as Easing Iran Tensions Lift Dubai Benchmark Index

United Arab Emirates stock markets ended mixed on Friday as regional tensions eased following remarks from US President Donald Trump regarding Iran. Dubai's benchmark index broke a three-session decline to close 0.3% higher, driven by gains in Emirates NBD and Emaar Properties. Abu Dhabi's index finished lower, pressured by drops in basic materials, telecoms, utilities, and First Abu Dhabi Bank.

China–UAE News

China-Built Nissan Navara Pro Scheduled for UAE Launch by End-2026

Nissan has confirmed that its all-new Navara Pro pickup truck will launch in the UAE and the wider Middle East by the end of 2026. The vehicle is the first Nissan model developed and manufactured in China specifically for global export. Regional options will include a 244 hp 2.0-litre turbocharged petrol engine and a 2.3-litre diesel unit.