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China

NEWS DESK

Al Ansari Exchange and UnionPay International Launch Real-Time Remittance Service to China via MoneyExpress

Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and the largest remittance and foreign exchange company in the UAE, and UnionPay International announced today the launch of MoneyExpress remittance service in the UAE.  This partnership marks a significant milestone, as Al Ansari Exchange becomes the first exchange company in the entire GCC region […]
Cybersecurity Defence & Security

US defence leaders sound alarm over cyber threats from global adversaries

Main threat seen from China Senior US defence officials delivered a stark warning to US lawmakers on May 16, 2025, spotlighting the growing dangers posed by state-sponsored cyber actors and criminal organisations that exploit cyberspace to undermine US national security. The remarks came during a high-stakes hearing before the House Armed Services Committee’s subcommittee
NEWS DESK

Stellantis Middle East and Petromin Strengthens Anti-Counterfeiting Efforts with Major Enforcement Action in China

Stellantis Middle East and its local Saudi dealer Petromin, has successfully halted a counterfeit spare parts manufacturing operation in China that was targeting Saudi Arabia.  Based on an inspection conducted by Petromin Stellantis’ field team, counterfeit parts were identified in the market In collaboration with its global team and the Chinese government, Stellantis
NEWS DESK

Dubai Startup Hushday Raises AED 2 Million to Launch the Middle East’s First Premium Flash Sales Platform

As global luxury faces headwinds in key markets like China, and as consumer behavior across the GCC shifts toward value-driven, digital-first experiences, a new retail-tech player is emerging in Dubai to meet that moment. Hushday, the region’s first premium, invitation-only flash sales platform, has raised over AED 2 million (USD $550,000) in pre-seed funding from […]
NEWS DESK

9Yards Communications announces partnership with China’s leading marketing group – GIMC

9Yards Communications (UAE) – The Capital’s Agency – has today announced the signing of a strategic cooperation agreement with China’s leading integrated marketing group, Guangdong Advertising Group Co., Ltd. (GIMC), in a move that further expands both entities’ international footprint and collaboration. This landmark affiliation unites two powerhouse agencies in their
NEWS DESK

Crude Prices Rise Amid China Consumption Boost, Tech Stocks Lead with Nvidia Up 5.3% –  Saxo Bank MENA

Commodities Equities Digital Assets Currencies Macro data and headlines Volatility Volatility retreated Friday, with VIX down sharply (-11.7%) to 21.77 as markets rebounded. Futures today suggest caution, with S&P and Nasdaq futures down 0.6%-0.7%, and VIX futures up 2%. The week’s volatility hinges on key macro events, including today’s US retail sales and
NEWS DESK

CHINESE NEW YEAR MARKS TWENTY YEARS OF CHAPMAN FREEBORN IN CHINA

Chapman Freeborn is to mark over twenty years of operating in China this week, after opening its first offices in Beijing and Hong Kong in 2004. Chapman Freeborn’s China operations have grown exponentially over the last twenty years, opening five offices, leveraging capacity across the Chapman Freeborn Group – including Magma Aviation’s direct charter flights –
Cybersecurity

US acts against China-linked cyber actors

For US Treasury hack and ‘Salt Typhoon’ The United States has announced sanctions against two entities linked to malicious cyber activities from China. The individuals and organisations targeted are accused of serious cyber intrusions affecting US government networks and critical infrastructure, including the recent hack of the US Department of Treasury. The US Department
Automotive Markets

China extends vehicle trade-in policy in 2025

To boost the country’s EV sales China has extended its vehicle trade-in subsidy scheme into 2025, renewing a crucial incentive to further the adoption of electric vehicles (EVs). The previous policy expired at the end of 2024. The trade-in scheme, which remains the final Chinese government-backed subsidy for EVs, is part of a broader effort […]
NEWS DESK

US$86.7 bn UAE-China trade gets solid boost

Exporters from the Anji County, part of the Zhejiang province in China, met with scores of UAE-based furniture and home décor traders to discuss business collaboration to increase the export and supply of home and office furniture products from Anji at the recently concluded 2nd Middle East Made-in-Anji Furniture Event 2024. China is the largest […]