Follow the trade, investment and partnerships bringing China and the UAE closer together.
UAE producer Al Ain Farms Group has signed commercial and manufacturing agreements to expand its camel milk brand Camelait into China and Europe. Under the Chinese partnership, Zhejiang Hengsheng Holding will serve as exclusive distributor and Suzhou Biology Healthy Technology will handle local manufacturing.
Dubai Electricity and Water Authority has completed an early $2.7 billion debt refinancing for the $4.3 billion Noor Energy 1 solar project. The 950MW hybrid complex involves China's Silk Road Fund as a shareholder and Shanghai Electric as the EPC contractor. The transaction replaces 2019 construction-period debt to lower financing costs during commercial operation.
Chinese direct investment in the UAE surpassed $12 billion in 2025 as Chinese technology initiatives expanded across cloud computing and digital services. Concurrently, US export rules require Gulf nations to strip Chinese hardware from core networks to maintain access to advanced American AI semiconductors. UAE firms like G42 have removed Chinese equipment, balancing deepening Chinese commercial ties against American technological conditions.
Ant International and HSBC have expanded their collaboration to provide real-time treasury management services across the Middle East using HSBC's Tokenised Deposit Service. The companies completed pilot transactions connecting the UAE and Hong Kong for domestic dirham and cross-border US dollar transfers. Ant International is HSBC's first corporate client in the Middle East to utilise the tokenised deposit infrastructure.
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