Chinese Foreign Minister Wang Yi met with UAE Presidential Special Envoy Khaldoon Khalifa Al Mubarak in Beijing on October 13, 2026. Wang stated that China backs a comprehensive ceasefire in the Middle East, while Al Mubarak expressed the UAE's desire to elevate bilateral relations. Reports noted that the official meeting readouts did not identify any specific ongoing war or conflict by name.
Abu Dhabi sovereign investor Mubadala plans to accelerate its China investments with targeted annual growth of 15% to 20%, CEO Khaldoon Al Mubarak told 21st Century Business Herald. Over the next three to five years, the fund will focus on life sciences, energy and energy transition, infrastructure, and technology. Mubadala has deployed more than $20 billion in China since 2015, shifting toward larger, high-conviction transactions.
Dubai is seeking to attract more Chinese manufacturing companies to increase the manufacturing sector's share of its economy to approximately 20%, Dubai Chambers Chairman Sultan Al Mansoori said. In an interview on the sidelines of the Dubai Business Forum in Shenzhen, Al Mansoori noted the share currently stands between 9% and 11%. Bilateral non-oil trade reached Dh363.5 billion in 2025, and active Chinese member companies in the Dubai Chamber reached 6,650 by September 2026.
Central Bank of the UAE Governor Khaled Mohamed Balama met with People's Bank of China Governor Pan Gongsheng in Bangkok on October 14, 2026. The bilateral discussions focused on central banking cooperation, financial infrastructure links, and cross-border capital flows. Officials noted that bilateral non-oil merchandise trade reached AED 410 billion in 2025.
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