Bank of China

China–UAE News

UAE and China Deepen Commercial Ties Across Sharjah and Dubai Partnerships

Sharjah leadership met with Chinese diplomats on 12 October 2026 to discuss partnerships in artificial intelligence, healthcare, data centres, and automotive manufacturing. Bilateral trade between Sharjah and China reached approximately AED 6.3 billion in 2025, with 851 Chinese enterprises operating in the emirate as of June 2026. Separately, Dubai recorded non-oil trade of AED 363.5 billion with China in 2025 ahead of the Dubai Business Forum in Shenzhen.

China–UAE News

ForkLog Details Expanding China-UAE Trade Settlements via mBridge and Digital Yuan Rails

A report by ForkLog details how central bank digital currencies and digital rails are transforming cross-border trade settlements between China and the UAE. According to cited Atlantic Council data, the multilateral mBridge platform has processed over 4,000 transactions totaling $55.5 billion, with roughly 95% settled in e-CNY. Furthermore, CNPC and Bank of China established a Macau-UAE settlement corridor, and China's CBETS cross-border system connected participants across the UAE and Qatar.

China–UAE News

GCC Sovereign Allocators Deepen Cross-Border Investment and Trade Corridors with Asia

Sovereign wealth funds and state allocators across the GCC are shifting toward strategic cross-border partnerships with Asia, demanding alignment with local economic roadmaps. Chinese institutional investors constitute roughly 40% of Investcorp's $750 million Golden Horizon fund, actively targeting mid-market and technology ventures across the GCC and Greater China.

China–UAE News

US Iran Sanctions Enforcement Constrained by China-UAE Banking and Trade Networks

An analysis published by Free Malaysia Today indicates that US attempts to enforce a zero-leakage sanctions regime against Iran face significant operational obstacles. Iran's oil trade, of which China purchased an estimated 90% prior to Hormuz disruptions, largely clears outside the US dollar system via renminbi settlements and shadow networks in Dubai, Hong Kong, and Singapore. Consequently, financial compliance scrutiny is intensifying across financial institutions operating within the China-UAE corridor.