Samsung Electronics offered about 5.25 million of its shares in a block deal valued at up to …
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Tech news
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BanksFeatureInternational NewsMoneyNewsTech newsTech/AI
China’s c. bank plans $70b re-lending programme
by Nada Aliby Nada AliThe People’s Bank of China (PBC) will set up a 500 billion-yuan ($70 billion) re-lending program to …
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FeatureInternational NewsNewsTech newsTech/AI
China’s Huawei plans dividends of $10.65b
by Nada Aliby Nada AliHuawei Investment & Holding Co. in China plans to distribute shareholder dividends of 77.095 billion yuan ($10.65 …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
Xiaomi’s stocks soars after launching 1st EV
by Nada Aliby Nada AliXiaomi’s stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite …
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FeatureInternational NewsNewsTech newsTech/AI
Japan approves extra $3.9b in aid to chip startup Rapidus
by Nada Aliby Nada AliJapan’s industry ministry approved subsidies of up to 590 billion yen ($3.9 billion) for chip foundry venture …
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FeatureInternational NewsNewsTech news
Vietnam seeks to learn from China with high-speed rail plan
by Nada Aliby Nada AliVietnam is looking to China for guidance in developing its first high-speed railway network, with plans for …
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Industry & TradeInternational NewsNewsTech newsTech/AI
Xiaomi’s 1st EV receives 88.8k pre-orders in 24-hour
by Nada Aliby Nada AliXiaomi’s debut electric sedan, the SU7, faces soaring demand with pre-orders exceeding 88,898 in just 24 hours, …
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FeatureInternational NewsNewsTech newsTech/AI
EU, Japan set to develop chips, EV materials
by Nada Aliby Nada AliJapan and the European Union (EU) are set to collaborate on the development of advanced materials, such …
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Egypt NewsFeatureInternet NewsNewsTech newsTech/AI
Telecom Egypt, ITIDA team up to enhance home internet
by Nada Aliby Nada AliEgypt’s Information Technology Industry Development Agency (ITIDA) and Telecom Egypt collaborated for the design and development of …
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FeatureInternational NewsNewsTech newsTech/AI
China’s Huadian signs strategic partnership with Siemens Energy
by Nada Aliby Nada AliChinese state utility Huadian Group announced on Wednesday that it has signed a strategic partnership framework agreement …