Mohammad Ali bin Rashed Lootah, President and CEO of Dubai Chambers, emphasised the growing interest of Emirati companies in expanding their presence in China, driven by strengthening trade relations and increasing mutual investment between the countries. He stated this at the “Dubai Business Forum-China” held in Beijing. This is reported by
Emirates News Agency (WAM), a partner of TV BRICS.

He claimed that the UAE and China are working closely together in various sectors, including the new economy, technology, entrepreneurship, tourism, renewable energy, agriculture, aviation, logistics, infrastructure, and industry.

The CEO of Dubai Chambers also noted that the number of Chinese companies registered with the Dubai Chamber of Commerce was about 5,400 at the end of the first half of 2024. This shows the growing interest of Chinese companies in Dubai as a strategic centre for international expansion.

In addition to traditional industries such as trade, logistics, and consulting, Chinese companies are increasingly interested in investing in innovative industries such as artificial intelligence, green technology, and data centres.

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iStock