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China–UAE News

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

China–UAE News
Source: Dealroom News

China Securities Approves US$725.3 Million Capital Increase for Overseas Unit

China Securities has approved a US$725.3 million capital injection into its Hong Kong subsidiary, CSC Financial (International), raising its total capital base to US$1.39 billion. The overseas arm recently secured a financial services license from the Dubai International Financial Centre to build an operational presence in the UAE. The platform also recently assisted UAE-based Mashreq Bank in issuing its debut offshore renminbi dim sum bond.

China–UAE News
Source: UAE-China Chamber of Commerce (UECN) / Xinhua News Agency

PowerChina Concludes EPC Works on 1.5-Gigawatt Al Ajban Solar Project in Abu Dhabi

Power Construction Corporation of China is concluding engineering, procurement, and construction works on the 1.5-gigawatt Abu Dhabi PV3 Al Ajban solar project. Built across roughly 20 square kilometers, the development marks PowerChina's first utility-scale solar plant in Abu Dhabi. Upon grid connection, the facility is projected to generate 4.4 billion kilowatt-hours of clean electricity annually.

China–UAE News
Source: Gulf Today

CNPC Showcases Green Transition and AI Innovations at ADIPEC in Abu Dhabi

China National Petroleum Corporation presented its green transition progress and artificial intelligence innovations at ADIPEC in Abu Dhabi. The state-owned energy company highlighted its UAE offshore operations, ecological initiatives, and academic contributions. CNPC also noted its ongoing cooperation with Emirati energy partners on low-carbon technologies.

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