RAKBANK Group CEO Raheel Ahmed highlighted Ras Al Khaimah as a strategic launchpad for Chinese enterprises expanding into the Global South. The bank currently serves approximately 2,500 Chinese clients and offers 24-hour commercial account approvals via direct integration with local free zones.
The United States Department of the Treasury has proposed expanding restrictions on American investments into Chinese artificial intelligence, biotechnology, and advanced technology sectors. The draft framework prohibits certain direct investments while subjecting others to mandatory 30-day reporting, with exemptions for standard publicly traded securities. The public comment period remains open until December 7 before final implementation.
Chery Group plans to increase overseas-manufactured vehicles to 70% of its international export volume by 2030, according to Drive Arabia. The Chinese carmaker expects overseas production to exceed 50% by late 2026 and reach 60% in 2027. While local assembly continues in Egypt via GB Auto, the group has not confirmed new assembly facilities in the UAE or Saudi Arabia.
According to an UNCTAD report, inward FDI into GCC economies increased 18% in 2025 to approximately $99 billion, led by the UAE with around $48 billion. The Gulf region expanded its outward FDI to $130 billion while strengthening its role as an investment bridge with China and Asia.
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