In its pursuit of a strong knowledge-based economy, Saudi Arabia is transforming its sovereign investment strategy. Earlier this year, Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman announced that the government will transfer its ownership of Saudi Aramco to the Public Investment Fund (PIF). This will transform the PIF into the world’s largest sovereign investment…
The business case for connecting OT and IT Critical Infrastructure companies and organizations have usually two separate and fundamentally different networks: on one hand their regular corporate IT enabling all their support functions such as payroll, HR, procurement, etc., and on the other hand the network hosting their production processes such as SCADA, DCS or…
Earlier this month, representatives from 90 Chinese companies attended a seminar promoting investment in Kenya, Zambia, Mozambique and Ethiopia. Chinese investors gained awareness of the opportunities available in these four African countries, and joined discussions on potential investment projects. Senior government officials from the four African countries provided Chinese investors with information on their national…
Chinese capital is increasingly finding its way to opportunities in North Africa. In the Egyptian market alone, investments by Chinese entities reached over 5 billion USD last year, with trade between China and Egypt reaching 12.9 billion USD, a 10 percent increase over 2014. According to the Chairman of the China Council for the Promotion…
Last year, a total of 267 billion USD was invested in renewable energy – and Chinese investors were responsible for a whopping 103 billion USD of this total. Excluding large-scale hydropower, investment into renewable energy made by developing countries reached 156 billion USD over the course of 2015. This surpassed the level of investment into…
Linda Wong, CEO of China based Yihai Group, recently announced a 113 million USD initial investment in a European healthcare project that will provide both European and Chinese medicine and healthcare. The announcement was part of President Xi Jinping’s visit to the Czech Republic, and the investment will be part of President Jinping’s “One Belt,…
Chinese companies have been investing heavily in the Indian tech sector – particularly startups in the web and mobile spheres. Earlier this year, Chinese online travel company Ctrip joined the trend with a 180 million USD investment in the Indian travel portal MakeMyTrip. China’s largest search engine, Baidu, is reportedly in talks with several Indian…
Interest from Chinese investors in the European tech sector has accelerated over the past year, according to analysts and commentators including Mattias Ljungman, a partner at venture capital firm Atomico. “There’s an increasing appetite by the Chinese to look at Europe because they have recognised the opportunities of Europe, which is a huge market in…
Cyber security has become a key priority for organisations in the Middle East lately following rising geopolitical tensions and a series of recent attacks against regional financial institutions. This is driving the growth of the regional cyber security market, which is predicted to be worth 9.56 billion USD by 2019 – with Saudi Arabia unsurprisingly…
Cyber security is not a field where trends happen easily, but the few that do appear tend to spread at wildfire speed. The newest innovation sweeping the regional cyber security sphere is “threat hunting”. Cyber security has graduated from threat detection and response, to actively pursuing sophisticated threats. According to Nicholas Watson, Managing Director at…