Chinese President Xi Jinping held official talks in Beijing with Sultan Haitham Bin Tarik Al Said of Oman. China reiterated its commitment to working with Arab and GCC states to advance economic development, trade, and energy cooperation. The leaders also reviewed infrastructure alignment under the Belt and Road Initiative.
A report by HSBC indicates global investors are targeting a $1.4 trillion infrastructure pipeline across the MENAT region. Nearly 30 percent of surveyed institutional investors expect the China-MENAT corridor to be the fastest-growing capital route through 2030.
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2026) has opened featuring a record 353 companies from across Asia. China is featured with a dedicated national pavilion alongside five other Asian countries. Chinese firms are showcasing technologies in energy exploration, digital transformation, artificial intelligence, and lower-emission equipment.
Chinese contractor Fangda Group has won a SAR 1.15 billion ($306 million) contract through a joint venture for the Qiddiya City stadium in Saudi Arabia. The China-Saudi venture will engineer, manufacture, and install the venue's exterior curtain-wall systems. The award forms part of the ongoing Saudi Vision 2030 development program.
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