In a strategic move to deepen economic ties and foster cross-border investments, the Abu Dhabi Investment Office (ADIO) has signed a landmark agreement with the Shanghai Municipal Commission of Commerce (SCOFCOM). This partnership paves the way for enhanced cooperation across key industries, reinforcing Abu Dhabi’s position as a gateway for Chinese enterprises seeking global expansion.
The agreement, witnessed by His Excellency Ahmad Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), and Hua Yuan, Vice Mayor of Shanghai, was formalized during the prestigious Abu Dhabi Investment Forum (ADIF) in Shanghai. The signing ceremony featured His Excellency Badr Al Olama, Director General of ADIO, and Zhu Ming, Director General of SCOFCOM, underscoring the strategic significance of this collaboration.
Strengthening UAE-China Economic Synergies
This partnership builds upon the broader Comprehensive Strategic Partnership between the UAE and China, positioning Abu Dhabi as a premier investment destination and a vital hub for international trade.
Shanghai, a powerhouse of China’s economy, contributes over US$700 billion to the country’s GDP and serves as a global financial and trade center. Home to more than 900 multinational headquarters, the city boasts one of the world’s busiest container ports, handling over 49 million TEUs annually. Its innovation-driven economy makes it a key player in global commerce and technology.
Meanwhile, Abu Dhabi’s strategic location, business-friendly policies, and advanced regulatory environment make it an ideal partner for Chinese enterprises eyeing regional expansion. Through this agreement, ADIO and SCOFCOM aim to create new pathways for investment, trade, and technology exchange between two of the world’s most dynamic economic centers.
Expanding Cross-Border Investment and Innovation
Under this collaboration, Abu Dhabi and Shanghai will work together across finance, technology, education, healthcare, tourism, culture, and port affairs. The agreement also paves the way for:
✅ High-level government engagements to facilitate seamless trade and investment policies
✅ Business delegation exchanges to strengthen corporate ties and foster new ventures
✅ Cross-industry collaboration in emerging sectors, including digital transformation and sustainability
His Excellency Badr Al Olama, Director General of ADIO, emphasized the transformative potential of this partnership:
“Abu Dhabi continues to solidify its role as a global investment hub by building strong partnerships in key markets. Our collaboration with SCOFCOM represents a powerful synergy between two economic giants, unlocking new trade corridors and investment opportunities. We are committed to driving long-term economic growth for businesses in both Abu Dhabi and Shanghai.”
Zhu Ming, Director General of SCOFCOM, echoed this sentiment, highlighting the opportunities for mutual growth:
“Strengthening economic cooperation with Abu Dhabi offers a dynamic platform for enterprises and investors on both sides to enter new markets and accelerate innovation. This partnership will significantly enhance trade, investment, and technology exchange between China and the UAE.”
Abu Dhabi’s Growing Footprint in China
The agreement marks a pivotal step in Abu Dhabi’s expanding economic engagement with China. The Abu Dhabi Investment Forum (ADIF) in Shanghai, held under the theme Invest with Abu Dhabi, convened leading Chinese CEOs, investors, and financial leaders to explore investment opportunities in one of the Middle East’s fastest-growing economies.
With this strategic collaboration, Abu Dhabi is set to strengthen its role as a global investment hub, while Shanghai gains an extended platform to expand its influence in the Middle East and beyond.
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Abu Dhabi and Shanghai Forge Landmark Economic Partnership to Drive Bilateral Investment
Shanghai, China – In a strategic move to deepen economic ties and foster cross-border investments, the Abu Dhabi Investment Office (ADIO) has signed a landmark agreement with the Shanghai Municipal Commission of Commerce (SCOFCOM). This partnership paves the way for enhanced cooperation across key industries, reinforcing Abu Dhabi’s position as a gateway for Chinese enterprises seeking global expansion.
The agreement, witnessed by His Excellency Ahmad Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), and Hua Yuan, Vice Mayor of Shanghai, was formalized during the prestigious Abu Dhabi Investment Forum (ADIF) in Shanghai. The signing ceremony featured His Excellency Badr Al Olama, Director General of ADIO, and Zhu Ming, Director General of SCOFCOM, underscoring the strategic significance of this collaboration.
Strengthening UAE-China Economic Synergies
This partnership builds upon the broader Comprehensive Strategic Partnership between the UAE and China, positioning Abu Dhabi as a premier investment destination and a vital hub for international trade.
Shanghai, a powerhouse of China’s economy, contributes over US$700 billion to the country’s GDP and serves as a global financial and trade center. Home to more than 900 multinational headquarters, the city boasts one of the world’s busiest container ports, handling over 49 million TEUs annually. Its innovation-driven economy makes it a key player in global commerce and technology.
Meanwhile, Abu Dhabi’s strategic location, business-friendly policies, and advanced regulatory environment make it an ideal partner for Chinese enterprises eyeing regional expansion. Through this agreement, ADIO and SCOFCOM aim to create new pathways for investment, trade, and technology exchange between two of the world’s most dynamic economic centers.
Expanding Cross-Border Investment and Innovation
Under this collaboration, Abu Dhabi and Shanghai will work together across finance, technology, education, healthcare, tourism, culture, and port affairs. The agreement also paves the way for:
✅ High-level government engagements to facilitate seamless trade and investment policies
✅ Business delegation exchanges to strengthen corporate ties and foster new ventures
✅ Cross-industry collaboration in emerging sectors, including digital transformation and sustainability
His Excellency Badr Al Olama, Director General of ADIO, emphasized the transformative potential of this partnership:
“Abu Dhabi continues to solidify its role as a global investment hub by building strong partnerships in key markets. Our collaboration with SCOFCOM represents a powerful synergy between two economic giants, unlocking new trade corridors and investment opportunities. We are committed to driving long-term economic growth for businesses in both Abu Dhabi and Shanghai.”
Zhu Ming, Director General of SCOFCOM, echoed this sentiment, highlighting the opportunities for mutual growth:
“Strengthening economic cooperation with Abu Dhabi offers a dynamic platform for enterprises and investors on both sides to enter new markets and accelerate innovation. This partnership will significantly enhance trade, investment, and technology exchange between China and the UAE.”
Abu Dhabi’s Growing Footprint in China
The agreement marks a pivotal step in Abu Dhabi’s expanding economic engagement with China. The Abu Dhabi Investment Forum (ADIF) in Shanghai, held under the theme Invest with Abu Dhabi, convened leading Chinese CEOs, investors, and financial leaders to explore investment opportunities in one of the Middle East’s fastest-growing economies.
With this strategic collaboration, Abu Dhabi is set to strengthen its role as a global investment hub, while Shanghai gains an extended platform to expand its influence in the Middle East and beyond.
