The UAE has suspended all flights operated by Iranian airlines to and from the country following increased US sanctions pressure on Iran's aviation sector. The measure took effect on Thursday under a directive from the General Civil Aviation Authority. The move impacts major transit routes through Dubai and coincides with UAE central bank restrictions on Iran's Bank Melli.
The Competition Commission of Pakistan has approved the acquisition of shares in Masood Textile Mills Limited by UAE-based Velora Global Ventures from two Chinese investors. The transaction involves equity held by Shanghai Challenge Textile and Zhejiang Xinao Industry under a July 2026 agreement. Regulators concluded the Phase-I review found no adverse impact on market competition.
A delegation of 15 leading Chinese women entrepreneurs has concluded a two-week official visit across the UAE aimed at expanding bilateral trade and investment partnerships. The mission was co-organised by the General Women's Union and the UAE Embassy in Beijing, representing enterprises with combined annual revenues of 4.85 billion yuan. The visiting executives engaged in business forums and site tours covering sectors such as industry, biotechnology, new energy, and investment services.
Chinese motorcycle manufacturer GWM SOUO has opened its first showroom outside China in Dubai in partnership with exclusive UAE distributor N S Lootah Motors. The showroom introduces the S2000 CL luxury touring motorcycle, equipped with a 1,999cc horizontally opposed eight-cylinder engine. The Dubai base is intended to serve as the launchpad for SOUO's wider regional expansion across the Gulf.
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