Chinese financial institutions deepen partnership with UAE By WANG YING in Shanghai | chinadaily.com.cn | Updated: 2026-05-01 14:10

https://www.chinadaily.com.cn/a/202605/01/WS69f443cba310d6866eb46964.html Memoranda of understanding (MoUs) were signed between the government of Ras Al Khaimah and two Chinese financial institutions — Bank of China and the Industrial and Commercial Bank of China (ICBC) — on Wednesday in Ras Al Khaimah of United Arab Emirates, in an effort to strengthen economic ties and promote strategic cooperations between Ras Al Khaimah and China.