China ambassador praises Saudi firms for aiding Chinese businesses expansion plans

Follow-ups -eshrag News:

Fri, 2022-07-08 14:22

China’s ambassador to Saudi Arabia has praised the Kingdom for helping businesses from his country expand across the globe.

Chen Weiqing made the comments during a visit to the headquarters of eWTP Arabia Capital in Riyadh, as he spoke with a range of business leaders.

eWTP Arabia Capital has formed a joint venture company with China’s Alibaba Cloud, among others, called Saudi Cloud Computing Co., with a capital of $238 million. 

Other firms involved include Saudi Telecom Company Group, and the Saudi Company for Artificial Intelligence.

Main category: 
Business & Economy

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