Follow the trade, investment and partnerships bringing China and the UAE closer together.
The Saudi Central Bank confirmed its pilot participation in the mBridge cross-border digital currency platform ended on May 13, 2025. Between mid-2024 and late 2025, mBridge processed 4,868 transactions valued at $67 billion, with the digital yuan comprising 96% of volume.
A University of Sharjah delegation led by Chancellor Esameldin Agamy completed a four-day mission to China to develop ties in artificial intelligence, digital transformation, and scientific research. The delegation visited Huawei's Shanghai R&D centre, attended the Huawei Connect 2026 conference, and met with Shanghai Jiao Tong University.
Dubai's Roads and Transport Authority and DIEZ have opened Dubai Mobility Labs at Dubai Silicon Oasis, offering 248 autonomous vehicle testing scenarios. Chinese autonomous driving developers WeRide and Pony.ai, alongside Tesla, have conducted trials at the facility, which DEKRA will operate for three years.
Indian refiners expect Russian crude supplies to tighten further through November as Chinese buyers outbid competitors and book cargoes in advance. To replace Russian barrels, Indian refiners are turning to alternatives including UAE Murban crude. Meanwhile, exports from major Middle East producers rebounded in September, supported by increased output from the UAE and Saudi Arabia.
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