Follow the trade, investment and partnerships bringing China and the UAE closer together.
TotalEnergies signed a five-year agreement to receive up to 1.6 million tonnes of LNG from UAE-based ADNOC Gas starting in 2026. Concurrently, TotalEnergies signed a heads of agreement to supply 900,000 tonnes of LNG annually to China's Jiangsu Guoxin Group for 15 years starting in 2028.
Sinochem Holdings concluded procurement agreements exceeding $12.8 billion at the 9th China International Import Expo in Shanghai. The deals involve more than 30 partners across nearly 20 countries, including the United Arab Emirates and Saudi Arabia. Procurements focus on crude oil, refined petroleum, chemical materials, and specialty polymers.
China's foreign trade in services rose 8.5 percent year-on-year to nearly 5.77 trillion yuan in the first nine months of the year, the Ministry of Commerce announced. Transport services recorded the fastest expansion, rising 33.9 percent and supporting Gulf-bound logistics routes.
BYD's Yangwang U9 Xtreme electric hypercar reached 503.17 km/h on an Abu Dhabi highway, setting a record recognized by the FIA. The run was executed by German driver Marc Basseng in the Al Dhafra region. The test was coordinated with Abu Dhabi authorities including the Abu Dhabi Investment Office.
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