China’s Sunstone Development has signed an MoU with the UAE’s Ministry of Investment to set up a $300 million anode production facility in the UAE.
Ras Al Khaimah Transport Authority, RAK Department of Civil Aviation, and Chinese company Aridge, a specialised advanced air mobility company affiliated with XPeng, have signed a cooperation agreement to develop, test and implement advanced air mobility solutions in Ras Al Khaimah.
DHL Express' heavyweight shipments in Asia Pacific (excluding China) rose 16% in the first seven months after the company launched its Heavy Weight Express service during the first half, as businesses sought to move critical components and industrial equipment amid supply-chain uncertainty.
SAL Logistics Services has signed two agreements with CIMC’s Middle East and North Africa Regional Headquarters to explore new areas of collaboration in logistics solutions and infrastructure, logistics zone development, and attracting Chinese businesses and investments to the kingdom.
China discovered 200 new non-oil and gas mineral deposits in 2025, including 16 gold and 11 iron deposits, as exploration investment grew. The country also reported higher coal, crude oil and natural gas production, highlighting continued expansion in domestic resource development.
Abu Dhabi-based Mubadala Investment Company has announced a significant minority investment in Luckin Coffee, alongside Centurium Capital, the company’s controlling shareholder, in a deal worth $1 billion. The investment comes as China’s coffee market continues to expand.
Clariant has been awarded a contract by Zhejiang Petroleum & Chemical (ZPC) to supply its CATOFIN catalyst and Heat Generating Material (HGM) for a new propane dehydrogenation (PDH) unit in Zhejiang Province, China.
Lummus Technology has been awarded a contract by Zhejiang Petroleum & Chemical (ZPC) to license its CATOFIN propane dehydrogenation (PDH) technology for a new unit in Zhejiang Province, China. The unit will have a capacity of 1.2 million metric tonnes per annum, making it the world's largest licensed PDH unit.
Chinese group Harbin Electric International is delivering the Rumah-2 Combined-Cycle Power Plant in Saudi Arabia as part of the kingdom's efforts to advance its energy transition under Vision 2030. The company recently hoisted the Gas Turbine Unit 1 into position, thus kicking off the project's installation work.
Riyadh Air and China’s TravelSky Technology have signed a Distribution Cooperation Agreement in Beijing, marking a key step in the Saudi carrier’s entry into the Chinese market and strengthening air connectivity between Saudi Arabia and China.
