UAE, Montenegro ink energy cooperation MoU: The UAE and Montenegro will cooperate in the energy sector after inking an MoU during a meeting between President Mohamed bin Zayed Al Nahyan and Montenegrin Prime Minister Milojko Spajić, state news agency Wam reports. They also explored broader cooperation in economic, developmental, educational, cultural, and renewable energy sectors.
ALSO- The UAE signed a series of agreements on digital trade enablement, agriculture, logistics, mobility tech and the digital economy, with Chinese entities during the UAE-China economic and trade cooperation conference at CIIE 2025 in Shanghai, according to Abu Dhabi Media Office.
Under the new agreements:
- Abu Dhabi’s economic development authority and China-UAE Industrial Capacity Cooperation Co will expand industrial collaboration per an MoU;
- Abu Dhabi Department of Economic Development and Shanghai Jensen Institute of Finance will support economic and investment cooperation;
- Abu Dhabi Customs, blockchain-based trade documentation provider CargoX, and digital trade platform operator Shanghai E&B International will establish a secure digital trade corridor between Abu Dhabi and Shanghai;
- Food security and agri-supply chain operator Silal and Chinese agricultural production and greenhouse tech company Shouguang Group will collaborate on food security and agriculture;
- Al Khayyat Investments Group and Alibaba Group’s global logistics arm Cainiao will expand tech and logistics cooperation;
- Mobility and vehicle solutions firm Legend UAE and electric mobility and battery exchange systems provider Hilo will develop an EV two-wheeler battery swap and charging ecosystem;
- Legend UAE also signed an MoU with vehicle manufacturer Foton Motor on commercial vehicle distribution in the UAE market.
PLUS- Adnoc renewed crude oil supply contracts with China National Offshore Oil Corp and Zhenhua Oil, according to the statement. Adnoc had reportedly inked MoUs for a five-year LNG contract to supply CNOOC with some 500k metric tons of LNG per year as of next year, and up to 12 cargoes of LNG annually for Zhenhua Oil.
Bilateral non-oil trade between China and the UAE is set to come in at over USD 100 bn this year, up from USD 90 bn last year, Foreign Trade Minister Thani Al Zeyoudi said.
AND- UAE, South Africa boost trade + private sector ties: Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met with South Africa’s Trade and Industry Minister Mpho Parks Tau to discuss strengthening bilateral trade and private sector collaboration, Wam reports. The two sides also explored cooperation avenues across the food production, agriculture, infrastructure, manufacturing, logistics, renewable energy, and real estate sectors.
PLUS- State Minister Saeed Al Hajeri met Laos’ Deputy Prime Minister Saleumxay Kommasith to discuss cooperation across the economic, technological, and renewable energy sectors, Wam reports. They also discussed advancing agreements on double taxation and investment protection.