China Energy Engineering Group Co signed $1.63 billion in procurement orders during the 9th China International Import Expo in Shanghai. The deals include gas turbines from Siemens Energy for a 2,600-megawatt peak-shaving power plant in Abu Dhabi, UAE. The Abu Dhabi facility is scheduled to start commercial operations in 2029.
A report from the US Department of the Treasury reveals that American holdings of foreign debt securities reached $4.03 trillion at the end of 2025. In the Middle East, US investors held $16.94 billion in UAE debt and $15.48 billion in Saudi Arabian debt, while American holdings of Chinese debt reached $18 billion against $684.4 billion in US Treasuries held by China.
More than 300 organisations are participating in the inaugural Dubai International Electric Vehicle Exhibition and Conference (EV World 2026) at the Dubai World Trade Centre. Co-organised by Dubai's Roads and Transport Authority and China EV100, the event showcases innovations in electric vehicles, charging systems, and autonomous transport. The three-day exhibition convenes approximately 120 speakers under the theme 'Driving a Smart and Sustainable Mobility Future'.
Emirati dairy and livestock producer Al Ain Farms showcased its Camelait camel milk powder at the UAE national pavilion during the 9th China International Import Expo in Shanghai. The company aims to expand distribution networks and meet growing consumer interest in China. The powdered format enables long-distance transport to Chinese logistics hubs due to its extended shelf life.
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