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The 10th Arab-China Business Conference, which is said to be the largest business gathering between China and Arab countries, kicked off on Sunday in Riyadh, Saudi Arabia, where cooperation between China and Arab countries are expected to be further strengthened.

RIYADH: With metals and mining being identified as one of the 13 strategic sectors to focus on to achieve the goals outlined in Vision 2030, the Kingdom’s sovereign wealth fund’s joint venture with Saudi Arabian Mining Co., also known as Ma’aden, will help unlock the potential of the mineral wealth in the nation, a top official said.

LONDON, May 31, 2023 /PRNewswire/ -- DEEP Robotics Co., a global pioneer in the development and industrial application of quadrupedal robots, today debuted its latest intelligent robot dog,

The investors are across the maritime, mining, manufacturing and logistics, and tech sectors, while an additional $31b in investments are in the works.

RIYADH: Affirming Saudi Arabia’s evolution into a global trade hub, total anchor investments in its four special economic zones reached SR19.6 billion ($5.2 billion) to date, it was disclosed at a forum. Apart from the existing investments made by companies like Lucid and Seera, the Saudi Special Economic Zones Investment Forum in Riyadh on Monday also saw new investment

BEIJING: Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on...

Profits at China's industrial firms slumped in the first four months of 2023, official data showed, as companies struggle with margin pressures and soft demand amid a faltering economic recovery.

Read more about how China’s automotive output and sales dropped in April 2023 versus the prior month, with both largely subdued by general caution among consumers that had been fueled by the price wars in the automotive sector during the month

Plus: A match made in steelmaking heaven

Beijing and Riyadh have announced a joint investment in a steelmaking plant in Saudi Arabia