H.H. Sheikh Saud bin Saqr Al Qasimi concluded a six-day working visit to China on October 28. During the mission, he witnessed the signing of an agreement and 10 Memoranda of Understanding between Ras Al Khaimah entities and Chinese counterparts.
Linklaters advised Bank of China on the issuance of RMB 2 billion fixed-rate Yulan notes by its Dubai branch, due in 2028. The senior unsecured notes are dual-listed on Nasdaq Dubai and the Hong Kong Stock Exchange, marking the first Yulan notes listed on Nasdaq Dubai. The transaction connects offshore Renminbi liquidity with Gulf debt capital markets.
Masdar and Emirates Water and Electricity Company are developing a $6.1-billion continuous clean energy project in Abu Dhabi. The system integrates a 5.2 GW solar photovoltaic plant with 19 GWh of battery energy storage to supply 1 GW of baseload power. A 13-bank consortium that includes Bank of China is providing a $5.1-billion financing package.
Fitch Ratings has assigned a final 'A' rating to Bank of China Dubai Branch's CNY 2 billion yulan bonds due in 2028. The notes were issued under Bank of China's USD 40 billion medium-term note programme. Proceeds from the issuance will be allocated toward general corporate purposes.
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Membership
Tell us about your experience and connection to UAE–China business. UECN assesses your application and offers the right membership category — fees are shared privately with your offer.
We send you a one-time sign-in link — your answers are saved as you go.
