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China–UAE News

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

China–UAE News
Source: UAE-China Chamber of Commerce

Abu Dhabi Expands Fujairah Port Infrastructure to Secure Trade Corridors to China

Abu Dhabi has advanced its multi-billion-dollar 'Zero Hormuz' initiative by expanding container terminals and oil storage at the Port of Fujairah. Managed by sovereign investment platform L'imad Holding, the project aims to secure direct energy and cargo corridors to China bypassing the Strait of Hormuz. The initiative coincides with discussions regarding the privatization of AD Ports Group at a valuation near $9 billion.

China–UAE News
Source: Business Today

China Expands Economic and Energy Cooperation With UAE and Saudi Arabia

Chinese Premier Li Qiang completed visits to Saudi Arabia and the UAE to strengthen ties across traditional energy, renewable technologies, and electric vehicles. Bilateral trade between China and the UAE reached a record 50 billion dollars in the first half of 2024. Discussions also addressed reviving negotiations for a China-GCC free trade agreement.

China–UAE News
Source: UAE-China Chamber of Commerce

Abu Dhabi Expands Fujairah Port Under Zero Hormuz Initiative for Asian Trade

Abu Dhabi has advanced its multi-billion-dollar 'Zero Hormuz' infrastructure initiative, expanding container terminals and oil storage at the Port of Fujairah. Managed by sovereign platform L'imad Holding, the project aims to safeguard trade and energy routes to China and other Asian partners outside the Strait of Hormuz. The initiative coincides with discussions regarding the privatisation of AD Ports Group at a $9 billion valuation.

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