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China–UAE News

Sheikh Maktoum Reviews Dubai Financial Indicators as FinTech Takes Global Top Spot

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum chaired a meeting of Dubai's Higher Committee for the Development of the Economic and Financial Sector to review key economic metrics. Dubai secured first place globally in FinTech in the September 2026 Global Financial Centres Index, while Dubai Financial Market capitalisation reached Dhs993.1 billion by the end of Q3 2026. Physical gold trading across the UAE reached 2,750 tonnes, highlighting Dubai's role as a trading conduit connecting global supply with demand markets including China.

Industry News

Abu Dhabi Partners With The Boring Company to Explore Underground Infrastructure

Abu Dhabi Projects and Infrastructure Centre has signed an agreement with Elon Musk's The Boring Company to evaluate underground transport and utility tunnel solutions across the emirate. The partnership was finalised during the Liveability and Investment Exhibition in Abu Dhabi. The initiative will examine feasibility, delivery models, and local capability development in advanced tunnelling technologies.

Industry News

UAE Enterprise AI Adoption Reaches 72 Percent as Nextgen Relocates to Dubai

Research by Strand Partners, the UAE Artificial Intelligence Office, and AWS reveals enterprise AI adoption in the UAE increased from 53% to 72% within a year. Amid this commercial expansion, UK-founded AI transformation firm Nextgen has moved its global headquarters to Dubai. The survey also found 85% of AI-adopting firms experienced accelerated business transformation.

Industry News

Sinopec Completes Over 80% of Saudi East-West Gas Pipeline Project Sections

Chinese state contractor Sinopec has completed over 80% of construction on sections six and seven of Saudi Arabia's National Natural Gas Pipeline Network Phase III Project. The contractor has welded more than 678 kilometers of large-diameter pipeline using Chinese-made automated welding and intelligent equipment. Once finished, the 700-kilometer desert route will supply natural gas to King Abdullah Economic City and multiple power stations.