Egypt’s Ismailia Free Zone attracts $41.6m in Chinese, Turkish investment – GAFI
Egypt’s Ismailia Public Free Zone has drawn $41.6 million in new investments from nine Chinese and Turkish…
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Chinese companies
Ethiopia signs $1.7b energy, mining deals with Chinese firms
Ethiopia secured investment agreements worth more than $1.7 billion for its minerals and energy sectors, largely…
Egypt, China to deepen cooperation in housing, infrastructure
Egypt’s Minister of Housing, Utilities and Urban Communities, Sherif El Sherbiny, met with Chinese Minister of…
Egypt-China talks focus on renewables, smart grids projects
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, held a meeting with Egypt’s newly appointed…
Chinese firms pledge $7.46b for Indonesian projects
Indonesia's investment ministry announced that multiple Chinese companies have pledged to invest $7.46 billion in…
S. Korea introduces special chips act amid US challenges
South Korea's ruling party introduced a special chips act to support chipmakers and exempt them from working hour…
Trump’s victory raises concerns for Wall Street’s China plans
More US financial firms may scale back operations in China, separate local units to reduce risks, or delay…
Hong Kong eyes Egypt as investment gateway to Africa, Middle East – GAFI
Hong Kong sees Egypt as a vital investment gateway to Africa and the Middle East, with Chinese and Hong Kong firms…
Myanmar’s manufacturing FDI surges
Myanmar's manufacturing sector attracted over $81.7 million in foreign direct investments from 25 enterprises in…
Egypt seeks deeper financial ties with China – FinMin
Egypt's Finance Minister Ahmed Kouchouk emphasised the importance of enhancing financial co-operation with China.
Egypt accepts yuan for Chinese firms incorporation
Chinese companies are now invited to apply for new investment land allocations in New Alamein and New Minya cities…
Country Garden announces PwC resignation as auditor
Country Garden Holdings announced that PwC has agreed to resign as its auditor, making it the latest Chinese…
Asian stocks tumble on Nvidia earnings
Asian shares dropped on Thursday, following a dip in Wall Street futures, as Nvidia's latest financial results left…
Asian markets retreat amid Nvidia earnings
Asian stock markets declined on Wednesday due to concerns about China and anticipation of Nvidia earnings.
China condemns US export controls
China's Ministry of Commerce on Sunday strongly criticised the United States for including multiple Chinese…
China-Africa economic ties reach new highs – official
China has underscored its deepening economic and trade cooperation with Africa since the 2021 Forum on China-Africa…
Dubai Chambers, CCB sign MoU to boost investment co-operation
Dubai Chambers and China Construction Bank (CCB) – DIFC Branch have signed an MoU to support Chinese companies in…
Egypt to provide skilled labour for Egypt-TEDA SEzone
Minister of Labor Mohamed Gibran visited the EGYPT-TEDA SEZONE in Suez on Sunday, where he reviewed the zone’s…
China M&A plunges 45% in H1 ’24
Chinese companies saw a 45 per cent decrease in the value of mergers and acquisitions (M&A) in the first half…
China breaks records with $14b in offshore convertible bonds
Chinese major companies have set a new record in the offshore convertible bond market by raising $14 billion in…
EU advances with tariffs on China’s EV imports
The European Union (EU) is proceeding with plans to impose provisional tariffs on imported Electric Vehicles (EV)…
OpenAI mulls banning AI tools in China
OpenAI is limiting access to its development tools for entities in China and possibly other countries.
China calls EU to remove sanctions on Russia-linked firms
China's foreign ministry spokesperson Mao Ning urged the European Union (EU) to remove sanctions on Chinese…
Chinese firms seek tariff relief in Malaysia amid US tensions
Chinese companies are scrambling to avoid US tariffs by seeking assurances from Malaysian government officials.
China, Pakistan forge mining co-operation pact
China and Pakistan have mutually agreed to enhance their collaboration in mining and advance the implementation of…
China’s CITIC cuts banker pay at CLSA
China's CITIC Securities is slashing base salaries for over 100 bankers at its Hong Kong-based platform, CLSA.
Japan, ASEAN to counter China in Southeast Asia’s EV market
Japan and ASEAN are working together on a strategy for car production and sales to compete with China in the…
China’s exports rise 1.5% in April Y-Y
Chinese exports grew 1.5 per cent year-on-year in April, meeting analyst expectations after a 7.5 per cent decline…
Shein profits double to over $2bn in ’23
Shein, an online fast-fashion retailer, has more than doubled its profits of $2 billion in 2023 and is awaiting…
Chinese brands replace iPhones, Hyundai in Russia’s war economy
Since the beginning of the Russian invasion of Ukraine one year ago, Russians have replaced smartphones and cars…
Mercedes-Benz allies with Google to develop self-driving cars
Mercedes-Benz announced on Wednesday that it has partnered with Google on navigation, and they are both planning on…
Asian stock markets mixed as investors digest economic data from China
Asia-Pacific’s shares mostly hikes on Monday as investors kept an eye on the market reaction to Chinese economic…
2 Chinese companies awarded housing deals in Saudi Arabia
Saudi Arabia has awarded contracts to two Chinese companies to build 4,867 houses in various areas of the Gulf…
‘Egypt The Future’ Hits US$38bln Investment Turnarounds till now
Sharm El Sheikh attracted total investment reached US$ 38 billion so far, after government signed 15 new agreements…
Yehia Hamad, Chinese Ambassador Discuss Multiplying Investments in Egypt
Egyptian Minister of Investment Yehia Hamad has convened a meeting with Mr. Song Aiguo, Chinese Ambassador to…
Egypt Chosen As Strategic Expert By WTPF
The World Trade Point Federation (WTPF) has decided to select Egypt as a strategic expert to the federation, as…
Ready-Made Garment Council, Chinese Companies Start Negotiations
Egypt's Ready-Made Garments Export Council is getting ready to negotiate with a group of Chinese companies for…