Dubai Chambers has held talks with a major Chinese trade body in Shanghai aimed at strengthening economic ties and increasing trade and investment between the two markets.
The meeting, with the China Council for the Promotion of International Trade (CCPIT) Shanghai, focused on expanding cooperation across key sectors, including the digital economy.
Dubai Chambers President and CEO Mohammad Ali Rashed Lootah met CCPIT Shanghai Vice Chairman Yang Dongsheng, with discussions centred on supporting business communities in both regions and encouraging two-way investment.
Mohammad Lootah said, “Dubai and China share a dynamic economic partnership with significant scope to expand trade and investment ties, deepen collaboration, and drive mutual growth. We are committed to further strengthening cooperation between the business communities in both markets, supporting two-way investment flows, and exploring new opportunities across priority sectors.”
China ranked seventh among the countries of origin for new foreign companies joining Dubai Chamber of Commerce in 2025. A total of 1,583 new Chinese companies joined the chamber’s membership throughout the year, representing annual growth of seven per cent.
Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, which is expected to be home to approximately 5,500 residents.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
The UAE has strongly condemned the Iranian attacks targeting the private office of Iraqi Kurdish Prime Minister Masrour Barzani and the home of its security intelligence chief in Iraq's Kurdistan region.
Dubai’s Roads and Transport Authority (RTA) has completed major upgrades on Al Marabea’ Street in Al Quoz, improving traffic flow and easing congestion.
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed the latest regional developments in a phone call with Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah.