Dubai-based Mashreq Bank has injected USD 125 million into its Hong Kong arm to expand cross-border financial services for Chinese firms and Middle Eastern investors. Concurrently, Chinese EV giant BYD is accelerating GCC capital investment in partnership with Al-Futtaim, operating 10 regional showrooms across the UAE and Saudi Arabia.
Emirati and Chinese government delegations convened in Beijing to align China's 15th Five-Year Plan with the 'We the UAE 2031' initiative. The meeting followed record bilateral non-oil trade of $110 billion in 2025 and an influx of Gulf sovereign investments into China.
Chinese and UAE officials met in Beijing on October 22, 2026, to align national development strategies and expand bilateral trade following $110 billion in non-oil trade in 2025. Meanwhile, Gulf sovereign wealth funds deployed $14.2 billion into China and Hong Kong during the first nine months of 2026, led by Saudi Arabia and UAE funds.
Global SWF data reveals sovereign wealth funds invested $14.2 billion into China and Hong Kong in early 2026, led by UAE entities. Separately, the UAE Cabinet issued Decision No. 149 of 2026 revising VAT input tax apportionment rules.
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