China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts. Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s…

Read More
Nvidia CEO suggests AI doesn't look like a bubble

Nvidia CEO suggests AI doesn’t look like a bubble

Jensen Huang, CEO of Nvidia, attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Nvidia on Wednesday stateside reported fiscal third-quarter figures that beat analyst expectations (ironically, nothing unexpected there). It also provided guidance for sales in the current quarter that exceeded estimates (all good still). It was…

Read More
Trump has elaborate welcome planned for MBS during Saudi crown prince's White House visit

Trump has elaborate welcome planned for MBS during Saudi crown prince’s White House visit

President Trump has a warm and elaborate welcome planned for Saudi Crown Prince Mohammed bin Salman, known as MBS, at the White House Tuesday, signaling his administration’s close ties to the Saudi kingdom as the president aims to lock in major business and national security deals.  Ahead of bin Salman’s arrival, the president told reporters…

Read More
Etihad Airways charts bold expansion across destinations

Etihad Airways charts bold expansion across destinations

Image credit: WAM/Website Etihad Airways has launched direct flights from Abu Dhabi to Madinah this week, expanding its strong presence in the Kingdom of Saudi Arabia and reinforcing its position as a major facilitator of regional and international travel. The new service enhances travel options for religious, business, and leisure travellers, underscoring the airline’s commitment…

Read More
China’s Pony.ai, WeRide file for Hong Kong IPOs in milestone for driverless tech sector

China’s Pony.ai, WeRide file for Hong Kong IPOs in milestone for driverless tech sector

Pony.ai and WeRide, two of China’s leading autonomous driving companies, have filed prospectuses for initial public offerings (IPOs) in Hong Kong, marking a milestone for the nation’s driverless technology sector, as it seeks capital market validation amid intensifying global competition. Pony.ai, based in Guangzhou and incorporated in the Cayman Islands, plans to sell 41.96 million…

Read More