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Middle East

Industry News
Source: UECN

Gulf Energy Producers Increase China Market Share Amid Iranian Supply Drops

Gulf crude exporters are expanding their market share in China as Iranian shipments fall, according to data from analytics firm Vortexa. Saudi crude shipments to Chinese ports are projected to exceed 2 million barrels per day in October 2026, with 75% allocated to Sinopec and PetroChina. Total Middle Eastern crude arrivals into China are expected to reach around 4.5 million barrels per day.

China–UAE News
Source: Dimsum Daily

Gulf Sovereign Wealth Funds Invest $14.2 Billion in China and Hong Kong

Middle Eastern sovereign funds invested US$14.2 billion in Hong Kong and mainland China during the first nine months of 2026, according to Global SWF. UAE funds ADIA and Mubadala contributed US$2.5 billion and US$800 million, respectively. The capital targeted sectors including advanced manufacturing, biotechnology, artificial intelligence, and consumer markets.

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