Follow the trade, investment and partnerships bringing China and the UAE closer together.
UAE-based NMDC Group has inaugurated its new heavy-duty cutter suction dredger, the Abu Al Bakhoush, in Nantong, China. Constructed by Jiangsu Haixin Shipping Heavy Industry under an AED 618 million ($168.3 million) contract, the 148-metre vessel expands NMDC Group's fleet to more than 170 marine assets.
The South China International Arbitration Center Hong Kong convened a legal panel exploring investment mechanisms between China, Hong Kong, and the Gulf. Practitioners highlighted a transition among Chinese firms from initial inquiries to formal corporate incorporation and compliance in the UAE. The discussion also addressed commercial dispute resolution and regulatory risk management.
The US Treasury determined that Executive Order 13902 applies to Iran's automotive and rail sectors, effective October 1 with no wind-down period. The measures target Iranian manufacturers alongside international suppliers based in the UAE, Hong Kong, and mainland China. Foreign financial institutions facilitating transactions in these sectors now face secondary sanctions exposure.
Sharjah and Chinese officials held talks to explore commercial projects in advanced manufacturing, artificial intelligence, data centers, and healthcare. Discussions also addressed the potential establishment of a Chinese cultural institute in the emirate. Official data showed 851 Chinese enterprises operating in Sharjah as of June 2026, with bilateral trade reaching AED 6.3 billion in 2025.
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