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China's Cosco and Abu Dhabi Ports develop Khalifa to support Belt and Road initiative

Karen Gilchrist

The CEO of Abu Dhabi Ports said the company remains "good allies of all countries" as it embarks on a new agreement with China's Cosco. Mohamed Al Shamisi told CNBC's Dan Murphy that his business was "not at all" impacted by the ongoing tariff war between the U.S. and China and he expects the tie-up with China's largest shipping group to provide boon to global trade. The CEO of Abu Dhabi Ports said that the company remains "good allies of all countries" as it embarks on an agreement that will see its flagship port become a hub in China wide-reaching "belt and road" initiative.