Banking, fintech, funds, capital markets and cross-border investment
H.H. Sheikh Saud bin Saqr Al Qasimi concluded a six-day working visit to China on October 28. During the mission, he witnessed the signing of an agreement and 10 Memoranda of Understanding between Ras Al Khaimah entities and Chinese counterparts.
FTI Consulting has appointed Sandeep Kumar as a Senior Managing Director in its Middle East Tax practice within the Corporate Finance segment. Based in Dubai, Kumar will advise multinationals, listed entities, and family-owned groups on UAE corporate tax, cross-border transactions, and compliance. The hire addresses growing corporate demand for regional tax advisory and technology-enabled compliance solutions.
The economic corridor between the UAE and Asia is evolving from capital flows into a multi-hub corporate and wealth ecosystem, according to an analysis in Arabian Business. Asian businesses are establishing UAE bases, with Chinese firms in Dubai reaching 6,650 alongside major Indian fintech expansions. Concurrently, UAE sovereign investor Mubadala is anchoring Asia strategy in China, while DIFC foundation registrations jumped 67 percent.
The Central Bank of the UAE held bilateral talks with the People's Bank of China during the 2026 IMF and World Bank Group Annual Meetings in Bangkok. The discussions focused on expanding cross-border payment systems, financial innovation, sustainable finance, and trade settlement connectivity. During the summit, the UAE also signed a formal agreement to host the 2029 Annual Meetings in Abu Dhabi.
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Membership
Tell us about your experience and connection to UAE–China business. UECN assesses your application and offers the right membership category — fees are shared privately with your offer.
We send you a one-time sign-in link — your answers are saved as you go.
