News

News and insights

Policy updates, China–UAE developments, industry news and official Middle East travel alerts.

Latest

October 14, 2026Source: MENAFN

Dalipal Holdings Inks Deal for US$600 Million Facility at Saudi SPARK

Hong Kong-listed Dalipal Holdings finalized a 25-year lease for a 1,030,916-square-meter site at King Salman Energy Park in Saudi Arabia. The agreement initiates Phase 1 of an energy equipment base with approximately $600 million in committed capital expenditure toward a planned $2.1 billion total investment. The plant will produce seamless steel pipes, OCTG, and hydrogen pipelines to serve the Gulf and Middle East.

Policy & Legal Updates

October 14, 2026Source: Gulf News

Abu Dhabi Launches Drive to Accelerate Business Setup and Commercial Licensing

The Abu Dhabi Department of Economic Development has introduced a strategic initiative to shorten the timeframe between investment decisions and active operations. Government reforms focus on removing redundant regulatory steps and integrating digital approvals via the TAMM Investor Journey platform. Official data indicates non-oil sectors contributed 54.7 percent of the emirate's GDP, with new commercial licenses rising 21 percent in Q1 2026.

Industry News

October 14, 2026Source: Almahriah Net

China Launches Direct Shipping Line Linking Taicang Port and Saudi Jeddah Port

China has inaugurated a direct maritime cargo route connecting Jiangsu province's Port of Taicang with Saudi Arabia's Jeddah Islamic Port. The dedicated service bypasses intermediate transshipment hubs, saving two to three weeks of transit time. Bilateral trade between the two countries reached $108.2 billion in 2025, alongside significant crude oil shipments.

China–UAE News

October 14, 2026Source: TradingView

BI Group UAE Signs MoU With China’s CITIC for Three Dubai Projects

BI Group UAE has signed a memorandum of understanding with CITIC Middle East Contracting, a UAE subsidiary of China's CITIC Construction Co. The agreement outlines CITIC's proposed role as main contractor for three real estate projects in Dubai's Meydan Horizon. CITIC will participate in early-stage design, planning, value engineering, and site coordination.