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Middle East

China–UAE News
Source: وزارة الخارجية الإماراتية

UAE Ambassador to China Attends Huawei Middle East ICT Competition Award Ceremony

The UAE Ambassador to China, Dr. Ali Obaid Al Dhaheri, attended the award ceremony for the Huawei ICT Competition Middle East 2020. During the ceremony, the ambassador congratulated winning participants and delivered an address on future bilateral cooperation. Discussions highlighted potential opportunities between the UAE and China in the information and communications technology sector.

Policy & Legal Updates
Source: The State Council of the People's Republic of China

China Urges Early Conclusion of China-GCC Free Trade Agreement in Oman Talks

Chinese Premier Li Qiang met with Sultan Haitham bin Tarik of Oman in Beijing to advance bilateral and regional economic ties. Premier Li called for accelerating negotiations to reach an early conclusion of the China-Gulf Cooperation Council free trade agreement. Discussions also covered strategic alignment across oil, gas, clean energy, and advanced technology sectors.

China–UAE News
Source: EnterpriseAM

Chinese Banks Expand Debt Financing for Gulf Energy and Infrastructure Projects

Chinese state and commercial lenders have grown into anchor debt financiers for major Gulf energy and infrastructure utilities, according to EnterpriseAM. Regional entities including ACWA Power, Aramco, and ADNOC are utilizing Chinese loan syndications alongside Western and regional institutions. Notable deals include a $5.9 billion renewable energy package and a 1.8 billion yuan facility for a UAE emirate.

Industry News
Source: Hindustan Times

Qatar and UAE Run Airport Security Drills Amid Escalating Regional Tensions

Qatar and the UAE have conducted emergency security drills at airports amid rising regional friction, according to a Wall Street Journal report cited by Hindustan Times. Schools in Riyadh, Saudi Arabia, have shifted to online classes over concerns regarding potential Iranian strikes on civilian and economic infrastructure. The precautions follow reported US military strikes on Iran's Qeshm Island and speculation surrounding potential attacks on Iranian nuclear sites.

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