UAE and Shanghai sign business deal to boost mutual investments

The Abu Dhabi Chamber of Commerce and Industry and the Shanghai Foreign Investment Development Board (Invest Shanghai) have signed a strategic Memorandum of Understanding (MoU) aimed at strengthening economic ties and fostering mutual investments.

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The MoU with the Shanghai Foreign Investment Development Board represents an important milestone in strengthening the economic partnership between Abu Dhabi and China and translating the growing relations between the two sides into initiatives and projects that create tangible value for the business communities.

The agreement, signed during the Abu Dhabi Investment Forum in Shanghai, seeks to translate the burgeoning economic relationship between Abu Dhabi and Shanghai into concrete initiatives and projects. It is designed to support business growth, expand mutual investments, and cultivate sustainable partnerships between the business communities of both global hubs.

This collaboration comes amidst a notable increase in economic and commercial engagement between Abu Dhabi and China. Chinese companies are increasingly active across various sectors in the UAE, including trade, construction, manufacturing, and financial services. The number of new memberships by Chinese companies with the Abu Dhabi Chamber surged by 85% in 2025 compared to the previous year, highlighting Abu Dhabi's growing appeal as an investment destination and a regional business hub.

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Through this partnership, we seek to establish more effective channels for communication and collaboration between investors and businesses in both markets, helping to stimulate bilateral investment and expand commercial opportunities.

The MoU establishes a framework for cooperation that includes exchanging information on business environments and investment opportunities, facilitating market entry, and enhancing investor services. It also paves the way for organizing joint economic events and forums to connect business communities. Furthermore, the agreement will leverage international networks for joint investment promotion and facilitate reciprocal trade missions to explore new mutually beneficial opportunities.

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The Abu Dhabi Chamber continues to play its role in empowering the private sector to capitalise on promising global opportunities and enhance its access to high-growth strategic markets.