Dubai-based industrial giant KEZAD Group is doubling down on partnerships with Chinese companies, signaling a new chapter in UAE-China economic collaboration. At the 6th Qingdao Multinationals Summit, Chief Commercial Officer Fatima Al Hammadi revealed fresh ambitions to 'expand cooperation through innovative industrial solutions' between the two nations.
What's Brewing? 🚀
Al Hammadi told CGTN that multiple agreements have already been signed, with KEZAD – one of the Middle East's largest industrial zone operators – looking to attract more Chinese tech and manufacturing firms. While details remain under wraps, insiders suggest clean energy and smart logistics could be key focus areas.
Why It Matters 💡
This push comes as UAE-China trade hit $95 billion in 2023, up 12% year-on-year. With young entrepreneurs driving cross-border innovation (think: Dubai's crypto hubs meeting Shenzhen's tech factories), KEZAD's move could create new opportunities for startups and investors alike.
Reference(s):
UAE's KEZAD Group: Working to expand our cooperation with China
cgtn.com