Major stock markets across the Gulf region opened higher on Tuesday, clawing back some recent losses as …
Chinese market
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VW, Xpeng team up to develop affordable EVs for China
by Nada Aliby Nada AliVolkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical architecture specifically …
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Honda unveils new EV brand in China by ’27
by Nada Aliby Nada AliHonda Motor outlined an ambitious plan to launch six next-generation EVs under the new “Ye” brand by …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt plans to build Chinese industrial zone on Med
by Nada Aliby Nada AliEgypt’s Minister of Industry and Trade, Ahmed Samir, discussed with his Chinese counterpart Wang Wentao, the establishment …
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Asian stocks rise on optimism about Chinese market policies
by Nada Aliby Nada AliAsian stocks rose on Wednesday, buoyed by confidence in Chinese market policies, as investors are also keeping …
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German direct investment in China reached a record high of €11.9 billion ($12.7 billion) in 2023, a …
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FeatureMoneyTech news
Nvidia’s China-specific AI chip to match Huawei’s pricing
by Aya El Sayedby Aya El SayedNvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to …
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Japanese companies predict China’s economy to remain grim
by Aya Anwarby Aya AnwarJapanese companies in China predict that the Chinese economy will remain grim this year, according to Japanese …
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AIIB aims to allocate $50 bln for climate action by 2030 – VP
by Nada Aliby Nada AliThe Asian Infrastructure Investment Bank (AIIB) aims to increase its climate action funding to $50 billion by …
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Egypt NewsIndustry & TradeInternational NewsNewsTech/AI
Egypt, China trade exchange hits $16bln in 2022
by Sama Mousaby Sama MousaEgypt and China trade exchange rose to hit around $16 billion in 2022, said Egyptian Minister of …