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Emirates News Agency

China–UAE News
Source: Emirates News Agency

TA’ZIZ Secures AED 5.1 Billion Financing Involving Chinese Banks for Ruwais Projects

Industrial chemicals company TA'ZIZ has completed an AED 5.1 billion ($1.39 billion) debt financing package for two projects in Ruwais, Abu Dhabi. The six-year term loan syndicate includes commercial lenders from China, Kuwait, Spain, and Singapore, with Sumitomo Mitsui Banking Corporation acting as financial advisor. The funding supports the construction of a low-carbon ammonia facility and an export chemicals terminal.

Policy & Legal Updates
Source: Emirates News Agency (WAM)

UAE Foreign Trade Maintains Double-Digit Growth in First Nine Months of 2026

The UAE's foreign trade sustained double-digit growth throughout the first nine months of 2026, according to Under-Secretary of the Ministry of Foreign Trade Fahad Al Gergawi. Speaking at the Dubai FinTech Summit, he highlighted that Comprehensive Economic Partnership Agreements stimulate industrial investments beyond tariff reductions. He also noted continued supply chain expansion via port projects in Fujairah and Khorfakkan and the Etihad Rail network.

Policy & Legal Updates
Source: Emirates News Agency

DIFC Offers Up to 6,000 Japanese Startups Access to Innovation Ecosystem

The Dubai International Financial Centre announced a partnership granting up to 6,000 Japanese startups direct access to its innovation ecosystem. The initiative enables firms to acquire licenses, establish operations, and raise venture capital in the free zone. DIFC also reported crossing 2,000 active innovation companies and introduced the Dubai FinTech Stack.

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