Middle East

China–UAE News

Luckin Considers Gulf Expansion After Abu Dhabi Fund Mubadala Joins $1 Billion Deal

Chinese coffee chain Luckin Coffee is assessing an expansion into Gulf countries following an investment by Abu Dhabi's Mubadala Investment Company. Mubadala became a direct shareholder after partnering with Luckin's controlling shareholder Centurium Capital on a $1 billion deal. Luckin executives highlighted the Gulf region's repeat consumption and rising demand for health-oriented beverages.

China–UAE News

XPeng Appoints Exclusive Oman Distributor, Expanding Regional Presence Beyond UAE Hub

Chinese electric vehicle maker XPeng has named an exclusive distributor in Oman, marking its fourth GCC market. The company previously entered the UAE in late 2024 through Ali & Sons and maintains a Dubai spare-parts hub with JD Logistics.

China–UAE News

Luckin Coffee Plans Middle East Entry Following $1B Mubadala Investment

Abu Dhabi sovereign wealth fund Mubadala has acquired a $1 billion minority stake in Luckin Coffee to finance its international growth. The Chinese coffee chain is now planning commercial launches across the GCC, prioritizing the UAE and Saudi Arabia.

China–UAE News

China Direct Investment in UAE Reaches $2.6 Billion as Global Outflows Top $200B

China's annual outbound direct investment reached $213.58 billion, surpassing $200 billion for the first time with an 11.1 percent year-on-year increase. Outbound flows to the Middle East more than doubled, with the United Arab Emirates leading the region by attracting $2.6 billion. The UAE figure represents more than triple the volume of Chinese direct investment received in the preceding year.