Emaar founder Mohamed Alabbar has previewed a new development named Dubai Mall Plaza and Hotel in Downtown Dubai via social media. The shared computer-generated video reveals a pedestrian-oriented plaza design with illuminated architectural features set against the Burj Khalifa. Project details including the investment figure and completion timeline have not yet been disclosed.
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.
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