Middle East

Industry News

Inaugural RISE Summit in Dubai to Convene Global Investment Leaders

Institutional investors, sovereign wealth fund directors, and government officials will gather in Dubai on 14 October 2026 for the inaugural RISE Summit. The event will focus on shifting trade corridors, cross-border capital flows, and asset redeployment connecting Asia, Europe, and the Gulf. It follows key economic benchmarks, including DIFC exceeding 10,000 active registered companies in the first half of 2026.

China–UAE News

Chinese Brokers Expand Operations in Dubai Financial Centre to Bridge Regional Capital Flows

Chinese investment banks and securities firms are expanding into the Gulf, establishing presences in the Dubai International Financial Centre. Beijing-based China Securities has opened a DIFC office targeting capital markets, investment banking, and asset management. The move follows CICC's entry into Dubai to facilitate cross-border capital flows.

Industry News

China Energy Engineering Corporation Secures EPC Role for Oman Wind Power Project

Naseem Dhofar SAOC is advancing the 125 MW Dhofar II Wind Independent Power Project in southern Oman with an investment of roughly RO 43 million. China Energy Engineering Corporation's Shanxi Institute is executing the EPC contract, targeting commercial operations by Q3 2027 under a 20-year power purchase agreement.

China–UAE News

Chinese Storage Suppliers Secure Multi-Gigawatt Battery Contracts in UAE Renewable Project

Chinese energy storage suppliers disclosed approximately 94GWh in battery system orders during Q3 2026, driven significantly by projects in the UAE. BYD and Sungrow secured contracts totaling 18.775GWh for Abu Dhabi renewable energy firm Masdar's Round-the-Clock initiative.