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Industry News

Explore the industries creating new opportunities for cooperation across both markets.

Each industry contains news, briefs, research and interviews.

Policy & Legal Updates
Source: Global Competition Review

UAE Champions AI-Driven Model for Competition Law Enforcement

The UAE Ministry of Economy and Tourism has championed an artificial intelligence enforcement model to modernize national antitrust regulation and merger control, Global Competition Review reported. Presented during the GCR Live: MENA 2026 conference in Dubai, the system forms part of the country's AI-enabled National Competition Platform. The platform is designed to automate antitrust assessments and significantly shorten merger clearance timelines.

Industry News
Source: Billionaires.Africa

China’s Sinohydro and Elsewedy Win $2.2 Billion Saudi Gas Power Plant Contract

A joint venture between China's Sinohydro and Egypt's Elsewedy Electric has secured a $2.2 billion EPC contract for a 2.3-gigawatt gas-fired power plant in Saudi Arabia. The Rabigh 2 IPP expansion facility is backed by ACWA Power and Saudi Energy, with commercial operations planned for May 2029. Financing includes $2.58 billion in long-term debt backed by 14 lenders, including the Industrial and Commercial Bank of China.

China–UAE News
Source: Gulf Construction

BI Group Partners with CITIC Contracting for Dubai Meydan Horizon Projects

Kazakhstan-headquartered developer BI Group has entered into an agreement with CITIC Middle East Contracting, the UAE subsidiary of China's CITIC Construction Co. The partnership establishes a framework for CITIC's proposed appointment as main contractor for three upcoming real estate projects in Dubai's Meydan Horizon. CITIC will also provide early-stage design support, value engineering, and construction coordination.

Industry News
Source: TradeArabia

Dalipal Signs Land Lease for $2.1B Energy Equipment Facility in Saudi SPARK

Chinese manufacturer Dalipal Holdings has signed a 25-year land lease with King Salman Energy Park in Saudi Arabia. The company plans an overall investment ambition of approximately $2.1 billion to build a smart manufacturing facility for energy equipment. The site will produce seamless steel pipes, oil country tubular goods, and hydrogen transmission pipelines.

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