A Hong Kong-based modular construction leader is expanding into the Middle East, becoming the first such manufacturer from the city to set up a factory in Saudi Arabia, with plans to produce 30,000 prefabricated flats a year as early as 2027 to meet rising demand, the Post has learned. The expansion by AluHouse is being…
A Hong Kong-based modular construction leader is expanding into the Middle East, becoming the first such manufacturer from the city to set up a factory in Saudi Arabia, with plans to produce 30,000 prefabricated flats a year as early as 2027 to meet rising demand, the Post has learned. The expansion by AluHouse is being…
China’s message to Saudi Arabia has become unusually explicit: Beijing is prepared to be Riyadh’s most reliable and trusted partner in national development. This statement, made by Chinese Foreign Minister Wang Yi during his meeting with Crown Prince Mohammed bin Salman, should not be dismissed as routine diplomatic rhetoric. Rather, it reflects a carefully calibrated…
China has launched a revolutionary facility in the eastern province of Shandong that produces fresh water from seawater for just two yuan (US$0.28) per cubic metre, generating green hydrogen as a by-product in a breakthrough that could redefine global water and energy systems. This small but world-first installation in the city of Rizhao is powered…
We should call it the “Neom factor”: the force that transforms reasonable aggressive ambition into hallucinogenic fantasyland. It glared out at me last week in a Financial Times headline: “Three ‘Heathrows’ of growth: the unstoppable rise of Middle East airports”. In short, Dubai, Istanbul, Riyadh, Doha and Abu Dhabi in aggregate have airport expansion plans…
Hong Kong’s financial identity is entering a new chapter, shaped as much by strategic alignment as capital flows. By co-launching a US$1 billion investment fund with Saudi Arabia’s Public Investment Fund (PIF), the city is taking one of its most assertive steps yet to redefine Hong Kong’s financial identity in a rapidly changing global economy….
China’s second fifth-generation fighter jet, the J-35, could find buyers in the Middle East as demand grows for advanced stealth aircraft in the region – though its capabilities remain unknown, according to analysts. A model of the J-35 – made by China National Aero-Technology Import & Export Corporation (Catic) and with a design similar to…
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…
China’s aerospace manufacturers have become a growing presence at overseas air shows as the country seeks to expand its arms sales abroad, bolstered by technological advances in the defence and aviation industries. More than 1,500 companies took part in this year’s Dubai Airshow, the largest such show in the Middle East. They included around 80…
Washington should tighten its export controls by adding inspection staff and plugging loopholes to slow Beijing’s chipmaking advances and curb evasion efforts with support from allies such as the Netherlands and Japan, US lawmakers and experts said on Thursday. Such actions should be deployed, including empowering the Bureau of Industry and Security (BIS) to close…