MarketsUAE sovereign wealth fund underscores China commitment
Beijing aims for closer economic ties with Middle East amid trade war with US
United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan, left, and Chinese President Xi Jinping and shake hands in Beijing in 2024. © Reuters
LISA KIM
September 29, 2025 18:31 JST
SINGAPORE -- Mubadala Investment Co., a United Arab Emirates (UAE) sovereign wealth fund, said it plans to increase exposure to Asia while emphasizing its commitment to China, illustrating another case of deepening ties between the Middle East and the world's second-largest economy.