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Industry News
Source: The Drinks Business

67 Pall Mall to Open First Middle East Wine Club in Dubai

London-based private members' wine club 67 Pall Mall has announced it will open its first Middle East venue in Dubai's The Opus building in early 2027. The 12,000-square-foot retrofit project is scheduled to open ahead of the group's Shanghai venue, which was delayed to early 2027 following approval holdups.

China–UAE News
Source: صوت الإمارات

China and Oman Urge Hormuz Maritime Security and Middle East De-Escalation

Chinese President Xi Jinping and Sultan Haitham bin Tariq of Oman held official talks in Beijing, calling for peaceful dialogue between the United States and Iran and the safeguarding of maritime navigation in the Strait of Hormuz. Both leaders warned against turning the region into an arena for major-power confrontation and stressed the importance of unimpeded global trade routes.

Policy & Legal Updates
Source: GCC Business News

China and Oman Sign Comprehensive Agreement and Central Bank Currency Swap

Oman and China signed a comprehensive agreement and 14 memoranda of understanding in Beijing, including a formal bilateral currency swap mechanism. The agreements target cooperation in green development, digital currency, securities regulation, and space technology. Chinese direct investment in Oman has reached over 33 billion yuan ($4.6 billion).

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