CNBC

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.

China–UAE News

Trump and Xi Discuss Hormuz Shipping as Maritime Incidents Impact Gulf Routes

U.S. President Donald Trump and Chinese President Xi Jinping discussed the regional conflict and maritime passage through the Strait of Hormuz during talks in Beijing. Meanwhile, fresh shipping incidents were reported near the waterway, including a boarding off the UAE port of Fujairah and an attack off Oman. A White House official stated that both leaders agreed the strategic strait should remain open to international shipping.