Momenta

China–UAE News

Chinese Firms Expand UAE Footprint Across Finance, Logistics, and Autonomous Driving Sectors

China Securities has secured regulatory authorization to operate in the Dubai International Financial Centre, while JINGDONG Property signed a deal to build a 150,000-square-metre smart logistics facility in Abu Dhabi. Chinese outbound direct investment into the UAE rose to $2.6 billion, pushing cumulative investment stock to $12.47 billion as bilateral non-oil trade crossed $100 billion.

China–UAE News

Chinese FDI in UAE Surges to $2.6 Billion as Business Expansion Accelerates

China's outbound direct investment into the UAE reached $2.6 billion, more than tripling compared to the previous reporting year and lifting cumulative investment stock to $12.47 billion. Meanwhile, bilateral non-oil trade crossed $100 billion alongside major expansions by Chinese firms in autonomous driving, financial services, logistics, and energy.

China–UAE News

Chinese Autonomous Driving Startup Momenta Targets Thousands of Robotaxis and Dubai Launch

Mercedes-backed Chinese autonomous driving startup Momenta plans to expand its robotaxi fleet from over 100 vehicles today to several thousand by the end of next year. The company is currently testing vehicles in Abu Dhabi and Munich, with Dubai scheduled as its next deployment market. To cut costs, Momenta is working with XHeart on custom computing chips as an alternative to Nvidia hardware.

China–UAE News

Momenta Plans Dubai Robotaxi Deployment in 2027 Amid Global Fleet Expansion

Chinese autonomous-driving company Momenta is preparing to introduce robotaxis in Dubai in 2027 as part of an international rollout. The Mercedes-Benz-backed firm aims to expand its operating fleet from just over 100 vehicles to several thousand by the end of 2027. Momenta is already conducting autonomous vehicle testing in Abu Dhabi, Munich, and five Chinese cities.