Banking, fintech, funds, capital markets and cross-border investment
Dubai Chambers entered into Memorandums of Understanding with commercial chambers from Beijing, Shenzhen, Guangzhou, and Chongqing on October 17, 2026. The agreements were signed during the Dubai Business Forum – China held in Shenzhen. The initiative aims to enhance commercial networking, reciprocal events, and cross-border investments.
Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has arrived in Shenzhen to commence a working visit to China running until October 23. The visit spans Guangdong and Fujian provinces and includes participation in the Ras Al Khaimah-China Business Summit in Shenzhen. The agenda also features the official opening of a Ras Al Khaimah representative office in Guangzhou and meetings with Chinese corporate executives and government officials.
Dubai's real gross domestic product reached approximately AED 473 billion in the first half of 2026, according to data from the Dubai Data and Statistics Establishment at Digital Dubai. Nominal GDP at current prices grew 0.2 percent to AED 505 billion, despite a 2.3 percent contraction in real GDP compared to H1 2025. Growth was anchored by the healthcare, financial, and construction sectors, offsetting contractions in wholesale and retail trade as well as transport.
The Dubai Business Women Council hosted a high-level roundtable in Shenzhen during the Dubai Business Forum – China. Chaired by Dr. Raja Easa Al Gurg, the session convened 30 senior Emirati and Chinese businesswomen to discuss bilateral opportunities in trade and investment.
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