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China’s Premier Li Qiang has called for faster progress on free trade negotiations with the GCC during a trip to Riyadh. At the same time, the GCC has been holding trade talks with Indonesia and Turkey, Oman has been pursuing a bilateral deal with India, and the UAE has been making changes to its approach to trade pacts after mixed results from its initial deals.

Kuwait | Saudi Arabia | Oman | United Arab Emirates (UAE) | Qatar
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Ras Al-Khaimah’s Ruler Sheikh Saud Bin Saqr travelled to Xiamen, Fujian province on 6 September to deliver a speech to a trade fair and meet officials and business executives, ahead of the 40th anniversary of diplomatic relations between the UAE and China.

United Arab Emirates (UAE)
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Abu Dhabi National Oil Company will acquire a 35% stake in ExxonMobil’s planned low-carbon hydrogen and ammonia facility, which would be one of the largest of its kind in the world.

United Arab Emirates (UAE)
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The state-owned defence conglomerate is due to complete the development of the National Anti-Ship Missile (Mansup) by the end of 2025 and is also working on an extended-range version.

United Arab Emirates (UAE)
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The Sharjah Electricity, Water and Gas Authority has signed a deal with Saudi Arabia’s Acwa Power to develop the emirate’s first independent water project at Al-Hamriyah. 

United Arab Emirates (UAE)
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The UAE succeeded in being removed from money laundering watchdog FATF’s ‘grey list’ in February, but some doubts remain over its commitment to clamping down on money laundering and terrorist financing. Recent actions against gold refineries, bankers and others suggest a renewed effort by the UAE authorities to address the ongoing challenges to its reputation as a commercial hub.

United Arab Emirates (UAE)
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Umm Al-Quwain Properties, a real estate developer chaired by Sheikh Mansour Bin Ibrahim Al-Mualla, has signed a deal to develop a luxury real estate project on the emirate’s Al-Siniya island, in partnership with Dubai-based Sobha Realty.

United Arab Emirates (UAE)
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Dubai-headquartered Amea Power and Abu Dhabi Future Energy Company (Masdar) signed power purchase agreements for wind projects in Ethiopia and Egypt in August, covering a total of 500MW of power.

United Arab Emirates (UAE)
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A member of Fujairah’s small ruling family, the Al-Sharqi, has been promoting Arabian Warrior, a new series of obstacle course races of 5-50km in length. Sheikh Abdullah Bin Hamad Al-Sharqi is spokesperson for the series, with the first event to be held in Dubai on 26 October. 

United Arab Emirates (UAE)
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Scholarships have been approved for studies at six institutions in the emirate, including some at the University of Al-Dhaid which is due to be inaugurated in mid-September.

United Arab Emirates (UAE)
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A string of American and European lobbying and PR firms have been opening new outposts in the region in search of government contracts, with Riyadh and Abu Dhabi the main hubs of activity.

Saudi Arabia | United Arab Emirates (UAE)
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Ras Al-Khaimah Ruler Sheikh Saud Bin Saqr Al-Qasimi on 22 August received the United States ambassador to the UAE Martina Strong and a delegation from the American Business Council in Dubai (AmCham) at his palace in Saqr Bin Mohammed City.

United Arab Emirates (UAE)
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Sharjah deputy ruler Sheikh Abdullah Bin Salem Al-Qasimi in late August oversaw the Sharjah Economic Council’s decisions to approve AED112m ($30.5m) worth of road schemes.

United Arab Emirates (UAE)
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Sheikha Hoor Bint Sultan Al-Qasimi, a daughter of Sharjah’s Ruler Sheikh Sultan Bin Mohammed Al-Qasimi, has set up a partnership with Lagos Fashion Week, in an effort to identify design talent for the 2026 intake to the Qasimi Rising incubator programme.

United Arab Emirates (UAE)
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Minister of state for foreign trade Thani Al-Zeyoudi has been appointed executive chairman of Rorix Holdings, a trade finance, commodities exchange and insurance specialist recently set up by International Holding Company, the powerful local conglomerate.

United Arab Emirates (UAE)