Economy
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.
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