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.
Luckin Coffee is considering entering Persian Gulf markets to drive international growth beyond China, according to company leadership. The strategic push follows a $1 billion joint transaction involving Abu Dhabi sovereign investor Mubadala Investment Company and Luckin's controlling shareholder Centurium Capital. Concurrently, the chain marked an overseas milestone by opening its 100th store in Singapore.
Abu Dhabi sovereign wealth fund Mubadala Investment Company has completed an approximate $1 billion strategic minority investment in Chinese coffee chain Luckin Coffee alongside Centurium Capital. The transaction was structured as a secondary share transfer, meaning no proceeds entered Luckin Coffee's accounts. Luckin generated CNY 49.288 billion in net revenue in 2025 across 36,310 stores.
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