China

Industry News

UAE Boosts Investment in Oman to OMR 255M Amid Hormuz Route Disruptions

UAE project investment in Oman reached approximately OMR 255 million ($663 million) in the second quarter of 2026, rebounding sharply from a decline in the prior quarter according to official Omani data. The surge comes as regional geopolitical tensions and the closure of the Strait of Hormuz prompt Gulf states to increase trade and transit connectivity with Oman. Bilateral trade also accelerated, with Omani exports to the UAE surging nearly 90 percent in the first eight months of the year.

China–UAE News

Abu Dhabi Crown Prince Meets BYD Executive Following World Speed Record

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met with BYD Executive Vice President Stella Li in Abu Dhabi. The meeting reviewed the Chinese company's 503.17 km/h electric vehicle speed record set on Sheikh Khalifa Bin Zayed International Road.

China–UAE News

TotalEnergies Signs LNG Deals Linking UAE Supply to Chinese Demand

TotalEnergies signed a five-year agreement to receive up to 1.6 million tonnes of LNG from UAE-based ADNOC Gas starting in 2026. Concurrently, TotalEnergies signed a heads of agreement to supply 900,000 tonnes of LNG annually to China's Jiangsu Guoxin Group for 15 years starting in 2028.

China–UAE News

Sinochem Inks Over $12.8 Billion in CIIE Deals Involving UAE and Regional Partners

Sinochem Holdings concluded procurement agreements exceeding $12.8 billion at the 9th China International Import Expo in Shanghai. The deals involve more than 30 partners across nearly 20 countries, including the United Arab Emirates and Saudi Arabia. Procurements focus on crude oil, refined petroleum, chemical materials, and specialty polymers.