GCC Secretary General Jasem Mohamed Albudaiwi and China's Vice Minister of Commerce Li Chenggang met on October 25, 2026, in Doha. The officials assessed progress by technical working groups negotiating the GCC-China Free Trade Agreement. Both sides stressed overcoming remaining trade obstacles to accelerate the formal signing of the deal.
HSBC plans to open a new wealth management centre in Abu Dhabi in December 2026 as part of its ongoing Gulf expansion. The move supports increasing cross-border capital flows from Middle Eastern high-net-worth clients into Asian hubs such as Hong Kong and Singapore. An HSBC survey also found that 97% of institutional investors across 16 markets view the UAE as an attractive investment destination.
GCC Secretary-General Jasem Albudaiwi met with China's Vice Minister of Commerce Li Chenggang on October 25, 2026, in Doha. The officials reviewed bilateral economic ties and assessed progress made by negotiating groups on the China-GCC Free Trade Agreement. Both sides emphasized resolving outstanding obstacles to conclude the agreement and enhance trade and investment flows.
Jaguar Land Rover and Chery have revealed the international five-seat Freelander 8, establishing Freelander as an independent premium SUV brand. The UAE is scheduled to become its first overseas market in early 2027 through distributors Al Tayer Motors and Premier Motors. The model debuted at the 2026 Chery International User Summit in China alongside regional distribution deals for Bahrain and Oman.
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