The agreement between the UAE and China is aimed at facilitating exchange and integration of commodities, technology and capital through mutual education and cooperation.
SoftBank Group Corp’s Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported.
Dubai is an increasingly attractive trade and investment destination for Chinese investors looking for an opportunity in the city’s rapidly evolving tech industry.
While the PC and tablet market is estimated to decline 1.2 percent in 2018, the mobile phone market is on pace to record an increase of 1.4 percent.
HyperloopTT will work in partnership with the government of Tongren in defining the route for the system. Financing will be done through a public private partnership with 50% of the funds coming directly from Tongren.
President Xi Jinping of China is visiting the UAE heading a large delegation to further advance ties across trade, culture and technological cooperation between the two countries.
UAE-based online shopping platform Noon aims to enter the online groceries business in the next six months, said the company’s founder Mohamed Alabbar said in a recent interview with CNN.
noon, the Middle East’s homegrown digital marketplace, has announced the launch of two entities in China, one on the mainland and the other in Hong Kong, kick starting noon’s Asia operations.
The last two and half years haven’t been easy for Uber Technologies. Post the exit of its former CEO Travis …
London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a $15 billion fund aimed at technology companies globally.