China

Policy & Legal Updates

US Treasury Reports Regional Aviation and Banking Measures Against Iran

US Treasury Secretary Scott Bessent announced that diplomatic pressure has prompted regional governments to introduce economic measures targeting Iran's banking and aviation sectors. In the Middle East, the UAE suspended Iranian carrier flights and placed regulatory restrictions on local branches of Iran's Bank Melli. US authorities warned that third-country entities servicing Iranian aircraft face exclusion from the US dollar system.

Policy & Legal Updates

US Treasury Cites UAE and Regional Curbs in Iran Economic Isolation Drive

US Treasury Secretary Scott Bessent claimed that global diplomatic efforts to economically isolate Iran are showing results following recent banking and aviation curbs. The UAE has suspended all flights by Iranian airlines and blocked transactions through local branches of Iran's Bank Melli. Turkey and Oman have halted Mahan Air flights, while smaller Iranian carriers continue operating routes to China.

Policy & Legal Updates

US Treasury Cites UAE and Regional Restrictions in Iran Sanctions Campaign

US Treasury Secretary Scott Bessent stated that international diplomatic pressure has led regional partners to impose banking and aviation restrictions on Iran. The measures include flight bans on Iranian carriers by the UAE, Turkey, and Oman, alongside UAE Central Bank transaction blocks on Iran's Bank Melli. US officials reiterated warnings that foreign entities servicing Iranian aircraft face secondary sanctions risks.

China–UAE News

Alibaba Expands UAE Cloud Presence as Abu Dhabi Finance Week Prepares 2026 Agenda

Alibaba announced plans to expand its UAE data centre facilities over the next 12 months to address regional demand for enterprise AI models. Concurrently, Abu Dhabi Global Market released the agenda for Abu Dhabi Finance Week 2026, featuring dedicated investment dialogues focused on China.