Middle East

China–UAE News

SIEF Unveils China-Arab Investment Report and World Bank Partnership at Investopia

The Sino-International Entrepreneurs Federation launched the 2026 China-Arab Business & Investment Report and announced a climate resilience partnership with the World Bank during Investopia Bridge 2026 in Abu Dhabi. UAE Minister of Investment Mohamed Hassan Alsuwaidi and Minister of Economy and Tourism Abdulla bin Touq Al Marri attended the plenary launch. The joint flagship report analyzes bilateral collaboration across both established industries and emerging technology sectors.

China–UAE News

SABIC and Dubai Holding Lead September’s Top Regional Construction Contracts

SABIC and Dubai Holding led regional contract awards in September across energy and construction sectors. A major highlight was Dubai Holding awarding an AED 5 billion contract to China State Construction Engineering Corporation Middle East (CSCEC ME) for its new headquarters and residential towers. In Saudi Arabia, SABIC Agri-Nutrients awarded an EPC contract valued at nearly $3.47 billion to Samsung E&A.

Industry News

Saudi-Chinese Consortium Secures $306 Million Qiddiya Stadium Facade Contract

IKK Fangda JV Co., a joint venture between China Fangda Group and Saudi-based Isam Kabbani & Partners, has been awarded an SR1.15 billion ($306 million) contract for Qiddiya's Prince Mohammed bin Salman Stadium. The consortium will design, supply, and install curtain-wall facades for the venue, which is planned for the 2034 FIFA World Cup. The contract represents 60.7 percent of China Fangda Group's audited operating revenue in 2025.

Industry News

Saudi Arabia Ranks as China’s Third-Largest Crude Oil Supplier in September

Customs data released on October 20, 2026 showed Saudi Arabia was China's third-largest crude oil supplier in September, delivering 2.70 million tonnes. Over the first nine months of the year, Brazil surpassed Saudi Arabia to become the second-largest supplier. Russia remained China's top crude oil supplier during September.