Baidu Cloud Absent in Saudi Arabia? Tencent, Huawei, Alibaba, and Others Gather in the Middle East
The absence of Baidu Cloud, compared to Huawei Cloud and Alibaba Cloud, which have already entered the Saudi market, is particularly noteworthy.
The absence of Baidu Cloud, compared to Huawei Cloud and Alibaba Cloud, which have already entered the Saudi market, is particularly noteworthy.
Chinese appliance companies, like Hisense, Haier, TCL, and Midea are directing their attention towards MENA markets.
Chinese investors are increasingly turning their gaze towards the Saudi Arabian stock market.
Partnering with international leaders like CHINT, the Saudi Electricity Company (SEC) is committed to achieving net zero emissions by 2050, exemplifying a profound shift towards clean and sustainable energy practices.
From the grandeur of the Benban Solar Park to the unique innovations of the Kom Ombo Solar Photovoltaic Station, the footprint of Chinese enterprises is ubiquitous, contributing Chinese wisdom and strength to the development of renewable energy in Egypt and beyond.
For Chinese companies seeking international collaborations, becoming a supplier to Saudi Aramco signifies not only gaining vast and stable market space but also a crucial affirmation of their strength and position in the energy industry.
The removal from the Grey List holds profound implications for Chinese enterprises closely linked to the UAE.
Egypt is positioned as a prime destination for China’s manufacturing industry in the Middle East and North Africa (MENA) region.
Operated by Chinese firms, these industrial parks provide a familiar and friendly business environment for Chinese companies.
Mena’s focus extends beyond metallurgical manufacturing, involving renowned companies such as Baosteel and Sunstone, to embracing leaders in the photovoltaic sector like Xinjiang Goldwind Science & Technology (亿航) and TCL Huizhou Haotong New Energy Co., Ltd. (TCL中环).