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China–UAE News

Follow the trade, investment and partnerships bringing China and the UAE closer together.

China–UAE News
Source: Food Business Middle East & Africa

Gargash Prime and JINGDONG Partner on 2.5 Million Sq Ft Dubai Logistics Hub

UAE-based Gargash Prime and JINGDONG Property, the infrastructure arm of JD.com, have signed a memorandum of understanding to invest in a joint venture developing a logistics facility in Dubai. The planned hub will cover 2.5 million square feet (approximately 250,000 square metres) of land to serve regional distribution and fulfilment needs. The agreement was executed during the Dubai Business Forum – China held in Shenzhen.

Industry News
Source: Gulf Business

WEF and Bain Report Projects AI Could Unlock $1 Trillion Across MENA

A report by the World Economic Forum and Bain & Company projects artificial intelligence could unlock over $1 trillion in economic and sustainability value across MENA by 2030. The valuation encompasses sustainable finance, public investment flows, avoided asset losses, and energy-sector gains. While 89 percent of regional sustainability leaders acknowledge AI's high potential, active implementation remains limited to between 40 and 55 percent.

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