CNBC

China–UAE News

UAE Trains 80,000 Government Workers as AI Super Users at Abu Dhabi Summit

The UAE has launched a programme to train approximately 80,000 government employees to become artificial intelligence super users capable of building AI agents. The announcement was made at the opening of the Ai Everything Abu Dhabi summit at ADNEC, which gathered over 400 exhibitors and 200 investors managing $100 billion in assets. Abu Dhabi officials reaffirmed their objective to establish the world's first AI-native government by 2027.

China–UAE News

Mubadala Invests $1 Billion in Luckin Coffee and Secures Board Seat

Abu Dhabi's sovereign wealth fund Mubadala Investment Company has invested $1 billion in Chinese coffee giant Luckin Coffee. Following the investment, Luckin appointed Mubadala executive Philip Yifei Bao to its board of directors effective September 29, 2026. The capital injection comes as Luckin Coffee explores potential expansion into Middle East markets.

China–UAE News

Luckin Considers Gulf Expansion After Abu Dhabi Fund Mubadala Joins $1 Billion Deal

Chinese coffee chain Luckin Coffee is assessing an expansion into Gulf countries following an investment by Abu Dhabi's Mubadala Investment Company. Mubadala became a direct shareholder after partnering with Luckin's controlling shareholder Centurium Capital on a $1 billion deal. Luckin executives highlighted the Gulf region's repeat consumption and rising demand for health-oriented beverages.

China–UAE News

UAE and China Sign Investment Pact as Luckin Coffee Eyes Gulf Expansion

The UAE and China have formalized a bilateral memorandum of understanding to accelerate two-way capital flows through joint investment platforms and dedicated funds. Concurrently, China's Luckin Coffee is evaluating an expansion into Gulf markets following a $1 billion investment deal involving Abu Dhabi sovereign wealth fund Mubadala and Centurium Capital.