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China-Middle East relations
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Middle Eastern institutional investors are keen to leverage the growing economies of Southeast Asia as they diversify their portfolios amid escalating tensions between China and the West.

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Sheikh Mohamed’s state visit to Beijing flags closer ties in IT, AI, the digital economy and new energy – all sectors that are sensitive to Washington.

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Washington has delayed the issuing of export licences to Nvidia and AMD, partly over worries that Chinese companies could access AI chips through data centres in the Middle East.

Middle East has ‘broad prospects for development’ and war cannot continue indefinitely, the Chinese leader said, as Beijing courts region long dominated by the US.

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President Xi Jinping’s call to Egyptian counterpart Abdel Fattah el-Sisi comes as the pair meet in Beijing, with the Chinese leader also pledging greater cooperation on trade and investment, global affairs and new energy.

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Leaders of Egypt, Bahrain, Tunisia and UAE to visit Beijing for meetings with Xi and ministerial conference of China-Arab States Cooperation Forum

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CiDi, which makes autonomous vehicles for use in mining and construction, is in talks to set up a long-term presence in Saudi Arabia as the kingdom invests heavily in infrastructure, executives say.

After his visit to Beijing to sign US$6 billion shipbuilding deal, Saad bin Sherida al-Kaabi reports friendly meetings and good prospects for further cooperation.

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Envoy who visited Turkey, Egypt, Saudi Arabia and UAE said to have encountered general agreement with Beijing’s push for restraint and direct dialogue.

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Middle East veteran Chang Hua makes the move after Beijing brokered a deal between the two countries to restore diplomatic relations last year.

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The Saudi stock exchange will weigh its reforms against the likes of the Hong Kong stock exchange as it bids to become a leading global capital market, Tadawul Group’s Nayef Al-Athel says.

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The new financial product underscores the flurry of collaborations and accords between Hong Kong and Riyadh since the February 2023 visit by Chief Executive John Lee Ka-chiu to the kingdom.

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Beijing and Paris issue statement denouncing planned Israeli offensive against southern Gaza city following talks between Chinese President Xi Jinping and his French counterpart Emmanuel Macron.