Follow the trade, investment and partnerships bringing China and the UAE closer together.
Abu Dhabi Global Market announced an expansion of the fifth Abu Dhabi Finance Week to include dedicated country-focused forums. Key additions include bilateral dialogues centered on China to facilitate cross-border capital allocation. The platform aims to connect sovereign wealth managers, institutional investors, and corporate leaders from China and the UAE.
Chinese-linked automaker Rox has launched vehicle assembly at Khalifa Economic Zones Abu Dhabi, rolling out the first three Rox Adamas models bearing the Made in the Emirates mark. The 10,000-square-metre facility aims to reach an annual capacity of 20,000 units by 2027 and expand to 300,000 units by 2030. The project is part of Abu Dhabi's initiative to develop a domestic automotive manufacturing and export ecosystem.
Dubai registered 131 sales of homes priced at US$10 million or above in Q2 2026, totaling US$2.17 billion, reflecting a 27 percent decline from the prior quarter. Knight Frank data reported by BriefAsia shows Hong Kong significantly narrowed the transaction gap with Dubai during the same period. The change comes as geopolitical tensions affect Middle East market sentiment and buyers diversify holdings into Asia.
Dubai gold prices were on track to finish the week lower as elevated energy prices and inflation concerns fuelled expectations of another US Federal Reserve rate hike. In the UAE, 24-karat gold held at Dh514.25 per gram on Friday, representing a Dh40 drop over the past 28 days. Analysts noted that resilient Chinese demand and safe-haven buying continue to provide underlying support for the metal.
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