Lenovo Partnership with ALAT to Add $10 Billion to Saudi Economy by 2030
Following the establishment of a factory by Lenovo in Riyadh through a $1 billion partnership with Alat, a company affiliated with the Public Investment Fund,…
Tag: China
Tencent’s quarterly growth beats expectations on gaming demand, AI services
Tencent opens new tab reported a third-quarter revenue growth of 15% on Thursday, as China’s largest social media and gaming company benefited from strong gaming demand…
Battle over Chinese chip maker rocks global car industry
The Dutch government invoked a Cold War-era emergency law to take control of a Chinese-owned chip company that has operations in the country. The extraordinary…
Chinese Economy to Exceed $23.8 Trillion by 2030, Premier Says
Premier Li Qiang said on Wednesday that China’s economy will exceed 170 trillion yuan ($23.87 trillion) by 2030, presenting a big market opportunity for the…
BYD will launch Yangwang luxury brand in the Middle East in early 2026
The world’s biggest NEV maker BYD will launch the Yangwang luxury car brand in the Middle East in early 2026. The company’s vice-president Stella Li shared that later Yangwang…
Hong Kong, Saudi firms sign 5 deals for wider collaboration
A Hong Kong delegation led by Financial Secretary Paul Chan Mo-po to Saudi Arabia achieved five partnerships, deepening collaboration in investment and technology. Chan concluded his visits…
China Agrees to One-year Rare Earth Export Deal, Issue ‘Settled’
China has agreed to keep rare earth exports flowing to the world as part of a one-year agreement, President Donald Trump said on Thursday shortly…
China bets on Morocco to lead Africa’s electric energy future
Morocco is preparing to build Africa’s first battery gigafactory, a $5.6 billion project backed by China’s Gotion High-Tech, which will place the North African kingdom at the…
China Unveils $70 Billion Financing Tools to Bolster Investment
China will deploy policy-based financial tools to the value of 500 billion yuan ($70.25 billion) to accelerate investment projects, the state’s planner said on Monday,…
Saudi Minister of Industry Kicks off Official Visit to China
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef kicked off on Monday an official visit to China, which will continue until September 26. He…