United States

China–UAE News

Gulf Sovereign Wealth Funds Allocate 10 Percent Deployed Capital to China

A research report by Modern Diplomacy indicates that Gulf sovereign wealth funds deployed 10 percent of their 2026 capital into China and Hong Kong, compared to 45 percent directed toward the United States. Institutional investors including Abu Dhabi's Mubadala, Saudi Arabia's PIF, and the Qatar Investment Authority continue targeted exposure in Chinese technology, electric vehicles, and renewable energy sectors. The funds are balancing long-term Asian partnerships against global macroeconomic variables and tightening technology investment regulations.

Industry News

UAE Stocks End Mixed as Easing Iran Tensions Lift Dubai Benchmark Index

United Arab Emirates stock markets ended mixed on Friday as regional tensions eased following remarks from US President Donald Trump regarding Iran. Dubai's benchmark index broke a three-session decline to close 0.3% higher, driven by gains in Emirates NBD and Emaar Properties. Abu Dhabi's index finished lower, pressured by drops in basic materials, telecoms, utilities, and First Abu Dhabi Bank.

Policy & Legal Updates

US Senators Urge Sanctions Targeting Intermediaries and Dual-Use Flows in China and UAE

Senior U.S. senators Jeanne Shaheen and Roger Wicker have urged Secretary of State Marco Rubio and Treasury Secretary Scott Bessent to enforce sanctions under the newly enacted Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The lawmakers called for penalizing front companies and intermediaries in Dubai and Hong Kong, as well as dual-use tech supply lines in China, the UAE, and Türkiye. The majority of the legislation's provisions enter into force on October 18, 2026.

Industry News

Oil Hits Two-Week High Following Drone Strike on UAE Nuclear Plant

Global crude prices rose to a two-week high following a drone strike on the UAE's Barakah nuclear power plant and drone interceptions in Saudi Arabia. Brent crude reached $111.27 per barrel, while West Texas Intermediate climbed to $107.75. The market surge follows recent talks between US President Donald Trump and Chinese President Xi Jinping that concluded without resolution to the regional conflict.