Abu Dhabi sovereign wealth fund Mubadala Investment Company has agreed to acquire a strategic minority equity stake in Luckin Coffee in a deal valued at approximately $1 billion. The investment aims to support Luckin's technology-driven operations and international retail expansion. The transaction occurs as Chinese coffee operators shift focus toward store productivity and sustainable margins.
The Trade in Services and Investment Agreement between the UAE and Belarus officially took effect on October 7, 2026. Signed in Minsk, the treaty lowers market access barriers and enhances legal protections for cross-border investors and service providers. Sectors covered include financial services, logistics, consulting, healthcare, and technology.
Dubai Chambers hosted a forum for 120 free zone companies to review regulatory updates, mainland integration, and financing channels. The session also examined private-sector adoption of Agentic AI under Dubai's digital strategy.
UAE conglomerate Al Habtoor Group has installed the final glass façade panel on Habtoor Tower along Sheikh Zayed Road in Dubai. The residential skyscraper is being developed in coordination with China Railway 18th Bureau Group Dubai and features 1,740 units.
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