Follow the trade, investment and partnerships bringing China and the UAE closer together.
ADNOC Drilling is prepared to expand UAE crude oil production capacity beyond its 5 million barrels per day target if requested by parent firm ADNOC, according to CFO Youssef Salem. The company highlighted supply relationships with rig manufacturers from China and international technology partners. Operations have maintained a 98% rig availability rate despite regional shipping disruptions.
The 18th BRICS Summit in New Delhi brought together 11 member nations, including China and the UAE, under the theme of resilience, innovation, cooperation, and sustainability. Eurasia Review reports that the bloc prioritised local-currency trade settlements and payment interoperability over creating a common currency. The New Development Bank, with 100 billion dollars in authorised capital, was highlighted as the central vehicle for infrastructure and local-currency financing.
An analysis published by Eurasia Review examines the geopolitical and economic evolution of BRICS following the 18th summit held in New Delhi. The grouping now counts 11 members, including China and the UAE, representing major manufacturing, financial, and energy hubs. The author highlights the bloc's efforts in local-currency settlement and development finance while noting internal strategic nuances.
Emirates is increasing seat capacity on flights to China this winter to accommodate high travel demand. The move follows strong passenger booking momentum that has filled existing scheduled services. The capacity expansion supports growing business and leisure travel between Dubai and key mainland Chinese destinations.
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