Skip to content

Connecting business. Building understanding. Advancing peace.

Daily BriefVerify a certificateDue Diligence
Become a Member

Mashreq Bank Issues Inaugural 1 Billion Yuan Dim Sum Bond

Dubai-based Mashreq Bank has priced its debut three-year senior unsecured Dim Sum bond at CNH 1 billion ($149.3 million) with a fixed coupon of 2.50%. The offering marks the lender's first public issuance in the offshore Chinese renminbi market and reached peak order books of CNH 2.3 billion. Bank leadership stated that the transaction strengthens capital market linkages between the UAE, China, and Hong Kong under the Belt and Road Initiative.

Published Source: Gulf Daily News
Illustration: Financial district skyline of Dubai with modern glass towers reflecting midday sunlight, conveying international banking and capital mar
Illustration

Dubai-headquartered Mashreq Bank priced its inaugural CNH 1 billion ($149.3 million) three-year senior unsecured Dim Sum bond at a fixed coupon of 2.50%, Gulf Daily News reported. The transaction represents the lender's first public issuance in the offshore Chinese renminbi market.

The debt offering drew demand from regional and global investors, with order books peaking at CNH 2.3 billion and achieving an oversubscription rate exceeding two times.

Pricing for the bond followed a targeted virtual investor roadshow held on October 13. According to bank leadership, the issuance expands capital market links among the UAE, China, and Hong Kong within the framework of the Belt and Road Initiative.

Sources

More from China–UAE News

View all
China–UAE News
Source: TradeArabia

UAE Expands China Ties with MoIAT Delegation and Mubadala Investment Plans

A UAE delegation led by the Ministry of Industry and Advanced Technology is attending the China International Industry Fair in Shanghai to explore industrial and smart manufacturing partnerships. Concurrently, Abu Dhabi's Mubadala Investment Company announced plans to expand its Chinese investments by 15% to 20% annually. The initiatives focus on priority sectors including technology, robotics, life sciences, and energy transition.

China–UAE News
Source: Arab News

Dubai-China Non-Oil Trade Exceeds $571 Billion Across Past Decade

Non-oil trade between Dubai and China reached 2.1 trillion dirhams ($571.8 billion) between 2016 and 2025, expanding 23 percent in 2025. Chinese direct investment into Dubai surged 179 percent year-on-year to 3.4 billion dirhams in 2025, with active Chinese member companies in the Dubai Chamber reaching 6,650 by September 2026.

China–UAE News
Source: Arabian Business

Dubai Chambers Chairman Highlights Chinese Tech Role in Al Maktoum Airport Expansion

Dubai Chambers Chairman Sultan bin Saeed Al Mansoori stated that Chinese tech systems will play a key role in expanding Al Maktoum International Airport. The $34.9 billion project aims to incorporate Chinese operational expertise in passenger processing and automation. The airport's expansion targets an eventual capacity of 260 million passengers and 12 million tonnes of cargo.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy