News  Sources

New $80m fund to bridge Chinese industry and key Saudi sectors

image sourced from original article at https://www.arabnews.com/node/2620979/business-economy

An eighty million dollar investment partnership has been announced between ewpartners and Tianjin Binhai New Area, aiming to boost Saudi Arabia's digital technology, advanced manufacturing, and logistics sectors. The agreement, formalized at the Future Investment Initiative conference in Riyadh, seeks to introduce established Chinese industrial projects and technologies into Saudi Arabia and the wider Gulf region. This collaboration supports Saudi Vision 2030 by combining Tianjin Binhai's strengths in alternative energy, smart manufacturing, and port logistics with ewpartners' regional investment expertise. The initiative is expected to accelerate industrial upgrades, enhance local supply chains, and position Saudi Arabia as a key player in global industrial cooperation.

Original article source: https://www.arabnews.com/node/2620979/business-economy
Source Id: 2025-10-878793092

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox