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Tech/AI
US Oracle to invest $6.5b in Malaysian cloud infrastructure
Oracle, a US-based technology company, announced on Wednesday plans to invest over $6.5 billion to establish a new…
Egypt’s Metallurgical Holding sets EGP62.5b revenue target
The Ministry of Public Business Sector has approved the 2024/2025 budget for the Metallurgical Industries Holding…
Germany’s mechanical engineering incoming orders rise 7% Y-o-Y in August ’24
Germany's mechanical and plant engineering sector saw a 7 per cent increase in incoming orders in August 2024,…
S&P: Global trade flows drag down manufacturing output
Global trade flows negatively impacted manufacturing production in September 2024, with new export orders declining…
S&P Global: S. Korean manufacturing PMI falls to 48.3% in Sep. ’24
The South Korean manufacturing sector experienced a downturn at the end of the third quarter.
EIM to invest $100m in Egypt automotive plant
The Egyptian International Motors (EIM) announced plans to invest $100 million in establishing an automotive plant…
Leoni Egypt to build automotive electrical harness plant
Cairo for Investment and Development (CID) and Leoni Egypt singed a contract to establish an expansion project for…
S. Korea’s online shopping growth spans over August ’24
South Korea's online shopping sector continued to expand in August 2024, with the total transaction value reaching…
Vietnam’s garment, textile industry attracts $37b in FDI
Vietnam's garment and textile industry attracted so far about 3,500 foreign direct investment (FDI) projects worth…
S. Korea’s exports extend 12-month run
South Korea's exports continued to grow for the 12th consecutive month, driven by strong demand for locally-made…
