Tech/AI Saudi Aramco opens petrochemical complex in China by 2026 Nada Ali Mar 27, 2023 0 Saudi Arabia’s Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical…
Industry & Trade Oil recovers from 15-month low Norhan Adel Mar 23, 2023 0 Oil prices recorded an increase exceeding 2 percent, right after hitting their lowest since December 2021 on…
Money Mercedes to invest billions in EV Plants Sama Mousa Mar 19, 2023 0 Mercedes is set to invest billions of dollars on Electric Vehicles plants in China, Germany, and Hungary in the…
Tech/AI ABB invests in U.S. robot factory Norhan Adel Mar 16, 2023 0 The Swiss ABB (ABBN.S) is investing $20 million to expand its U.S. robot factory, to meet demand increase motivated…
Tech news Didi prepares expansion in China following investigations Yassmine Elbehnaihy Mar 16, 2023 0 Chinese ride hailing company, Didi, is set to expand its services and have more subsidies to passengers and…
Tech/AI Hutchison Ports invests $700m in Egyptian port projects Nada Ali Mar 16, 2023 0 Hong Kong-based Hutchison Holdings Ltd's port announced on Thursday, a significant investment in Ain Sokhna Port,…
International News London at risk of luxury shoppers turn to Paris, Milan Yassmine Elbehnaihy Mar 15, 2023 0 London’s luxury retailers have been concerned about the city’s shopping traction, as tourists from the U.S., China…
International News China conducts maritime drills in Gulf of Oman with Iran, Russia Nada Ali Mar 15, 2023 0 Chinese Ministry of Defense has announced on Wednesday the implementation of joint maritime drills in the Gulf of…
International News Chinese recovery, dollar weakness cause crude price hike Yassmine Elbehnaihy Mar 13, 2023 0 Oil prices inclined during Asian trade on Monday, amidst China’s demand recovering and the weaker dollar that is…
Tech/AI China’s CIEG plans to build $5-8 billion green hydrogen project in Egypt Nada Ali Mar 12, 2023 0 China International Energy Group (CIEG) plans to establish a massive green hydrogen production project in Egypt…