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China

Banking Corporate

Saxo Bank concludes fintech JV sale to Geely Group

Danish bank will now focus on core markets and clients Copenhagen, Denmark-headquartered Saxo Bank has formalised the sale of Saxo Geely Tech Holding A/S (Saxo Fintech), a world-class fintech pioneer, to Geely Financials Denmark following the signing of relevant agreements. The divestment of Saxo Fintech shares marks the end of Saxo Bank’s ownership of the […]
Business

The 12th Lynk & Co Club Opens in Hangzhou

HANGZHOU, China — Strengthening its global presence, the innovative automotive brand Lynk & Co has inaugurated its 12th Lynk & Co Club in Hangzhou, the host city for the upcoming Asian Games. Nestled by the scenic West Lake, this club sets out to reimagine the automotive lifestyle experience for open urbanites worldwide. The Lynk & […]
NEWS DESK

“Enhanced Air Connectivity with China a Key Opportunity for Saudi Arabia’s Tourism Industry” – ACP CEO

Riyadh, Saudi Arabia, June 12, 2023: As part of an ongoing effort to deepen ties between China and Arab partners, Riyadh and Beijing are stepping up efforts to improve air connectivity between these fast-developing economies. At the recently held Arab-China Business Conference in Riyadh, attendees from China and the Arab world explored new avenues for […]
NEWS DESK

Mensha Ventures signs a Memorandum of Understanding (MoU) with its strategic partners from China to to bolster the UAE’s sustainable capabilities

Abu Dhabi, UAE, 9 May 2023:  Mensha Ventures, signed a Memorandum of Understanding (MoU) with its strategic partners from China, including the Asia Development & Investment Bank, Hoover Investment Group and Shenzhen Sinomaster Investment Group (SMT), to jointly invest $1 billion in green energy infrastructure projects in the region. The MoU was signed on the […]
NEWS DESK

50 Chinese Unicorns Set to Make Strong Presence at AIM Global 2023

Dubai, United Arab Emirates, 4 May 2023: The upcoming Annual Investment Meeting (AIM Global 2023) is set to further demonstrate the United Arab Emirates’ role as China’s “gateway to the world,” with the increased number of companies, organizations, and investors from the world’s second-largest economy participating in this year’s edition of the conference. This comes […]