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China–UAE News
Source: Emirates News Agency

TA’ZIZ Secures AED 5.1 Billion Financing Involving Chinese Banks for Ruwais Projects

Industrial chemicals company TA'ZIZ has completed an AED 5.1 billion ($1.39 billion) debt financing package for two projects in Ruwais, Abu Dhabi. The six-year term loan syndicate includes commercial lenders from China, Kuwait, Spain, and Singapore, with Sumitomo Mitsui Banking Corporation acting as financial advisor. The funding supports the construction of a low-carbon ammonia facility and an export chemicals terminal.

Policy & Legal Updates
Source: Rare Earth Exchanges

China and Oman Sign 16 Agreements Covering Supply Chains and Finance

Chinese President Xi Jinping and Oman's Sultan Haitham bin Tarik concluded talks in Beijing, signing 16 bilateral cooperation instruments across supply chains, AI, and energy. The agreements integrate Omani maritime ports into Chinese logistics routes alongside a central bank currency swap. Bilateral trade between both nations reached approximately $25 billion in 2025.

Industry News
Source: Dealroom

Oman Investment Authority and China’s Silk Road Fund Form $800 Million Investment Vehicle

The Oman Investment Authority signed a preliminary term sheet with China's Silk Road Fund to establish an $800 million joint investment fund during Sultan Haitham bin Tarik's state visit to Beijing. The deal is part of a 23-agreement package covering finance, logistics, artificial intelligence, solar energy, and mining. Other agreements involve China Merchants Bank, IDG Capital, JD.com, Huawei, and Hongda International.

Policy & Legal Updates
Source: Khaleej Times

UAE Tech Firms Face Higher First-Year Tax Under R&D Capitalisation Rules

An accounting analysis published by Khaleej Times indicates that UAE technology companies could see their first-year corporate tax bill surge by over 128% depending on how R&D costs are classified. Under IAS 38 rules, capitalising development spending rather than expensing it immediately increases first-year taxable income. The report highlights the need for careful financial planning ahead of the UAE's planned 2026 R&D tax credit launch.

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