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China

NEWS DESK

NIO Reaches 800,000 Vehicle Production Milestone

NIO’s 800,000th mass-produced vehicle rolled off the line at NIO Factory One in Hefei. This milestone reflects the remarkable progress of China’s automotive industry in technology and innovation, and underscores NIO’s decade-long dedication to building full-stack capabilities. The 800,000th vehicle is an ONVO L90. Since the pre-order started in China on July 10, the L90
NEWS DESK

UAE and China launch Qingdao Overseas Integrated Service Centre to increase US$400 billion China-Arab trade

The UAE and China recently launched Qingdao Overseas Integrated Service Centre at the China-Arab Business Forum held in Qingdao recently – that is aimed at increasing the US$400 billion trade between China and the Arab world. Abdulla Albasha Alnoaimi, UAE Commercial Attaché to China and Zeng Zanrong, Member of the Standing Committee of the Shandong […]
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China’s Center for Drug Evaluation Accepts Merck’s Application for Marketing Authorization of Pimicotinib for Treatment of Tenosynovial Giant Cell Tumor

Merck, a leading science and technology company, today announced that the Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) officially accepted the company’s application for marketing authorization of pimicotinib as a Class 1 innovative drug for adult patients with tenosynovial giant cell tumors (TGCT) requiring systemic
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
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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
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