China

China–UAE News

Chinese Banks Expand Debt Financing for Gulf Energy and Infrastructure Projects

Chinese state and commercial lenders have grown into anchor debt financiers for major Gulf energy and infrastructure utilities, according to EnterpriseAM. Regional entities including ACWA Power, Aramco, and ADNOC are utilizing Chinese loan syndications alongside Western and regional institutions. Notable deals include a $5.9 billion renewable energy package and a 1.8 billion yuan facility for a UAE emirate.

Industry News

US Export Control Rule Sets 2027 Expiry for G42 AI Chip Access

A roughly 5,000-word US Commerce Department rule grants license-free access to top-tier AI chips for UAE-based G42 and its cloud unit Core42, but sets an expiration date of April 2027. Under a 17-word clause in the measure, maintaining continued access may require the firms to become US companies or secure renewed approval. G42 stated that it maintains substantial US ties and continuously evaluates opportunities aligned with its long-term objectives.

China–UAE News

Mannesmann Energy Plans ADNOC Upgrade and UAE Agency for China’s JINGBO

Mannesmann Energy is advancing an agreement with ADNOC to upgrade existing facilities and increase capacity across its NEB CPP assets. The UAE-based company also plans to sign memoranda of understanding to become the exclusive local representative for Chinese equipment maker JINGBO and international tubular supplier PETROTEX Group. The partnerships were disclosed during ADIPEC 2026 by Chief Executive Officer Anas Aljuaidi.

China–UAE News

China and UAE Lead Foreign Investment in Tanzania Totaling Over USD 19 Billion

The Tanzania Investment and Special Economic Zones Authority registered 3,538 investment projects valued at USD 68.6 billion between 2021 and 2026. China ranked as the top foreign direct investment source with USD 14.1 billion, followed by the United Arab Emirates with USD 5.039 billion. Manufacturing and transport led project registrations across the five-year period.