Eli Lilly to invest $3bn in new Dutch manufacturing facility
American pharmaceutical multinational Eli Lilly and Company has outlined plans to develop a $3bn manufacturing facility in Katwijk, situated in …
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Microsoft to take its investment in UAE to $15.2bn by 2029
Microsoft will take its investment in the United Arab Emirates (UAE) to $15.2bn by the end of 2029, focusing on …
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All aboard for innovation: 5G-A & AI Network transforms river cruise tourism in Shanghai
Few things are more enjoyable than a river cruise - especially when it’s along China’s spectacular river Huangpu in Shanghai. …
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China’s ZTT Group to invest $100m in cable manufacturing plant in Saudi Arabia
China's ZTT Group is set to invest an estimated $100m (712.11m yuan) to establish a submarine and terrestrial cables manufacturing facility …
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Can California’s capital city become a world-class semiconductor hub?
There are around 9,000 political lobbyists in Sacramento, the capital of the fourth-largest economy in the world – but look …
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Anduril unveils new Ghost Shark factory in Sydney, Australia
US-based defense technology company Anduril Industries has opened a new manufacturing facility in Sydney, Australia. Anduril’s new site, spanning …
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Ford to invest $370m in India plant to produce engines for export – report
US automaker Ford Motor is planning to commit about Rs32.5bn ($370m) to restart and retool its Maraimalai Nagar factory in …
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Ghana initiates largest mining sector audit in a decade
Ghana has initiated its most extensive mining sector audit in ten years, focusing on major gold producers as part of …
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GlobalFoundries pledges €1.1bn to expand chip production
GlobalFoundries (GF) has outlined a €1.1bn ($1.27bn) investment to expand semiconductor manufacturing at its Dresden facility in Saxony, Germany. With this …
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Turkcell and Huawei Successfully Launch Europe’s First Commercial 400G/800G Super C+L Optical Network
This achievement highlights Turkcell’s leadership in advancing next-generation optical networking and its strategic collaboration with Huawei to fulfill the future …
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Eaton starts construction of new manufacturing facility in Dubai, UAE
Irish power management company Eaton has broken ground on its new advanced manufacturing, engineering and training facility in …
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Saudi Arabia attracts $32bn in FDI inflows
Saudi Arabia attracted SR119bn ($31.7bn) in foreign direct investment (FDI) inflows in 2024, marking a 24% increase from the previous …
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Ichia Technologies doubles down on its Malaysian presence with new $115.6m Kedah site
Taiwanese electronic components manufacturer, Ichia Technologies, has opened a new manufacturing facility in Kedah, Malaysia. The new facility, …
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Masdar secures 2GW of solar projects in Saudi Arabia
Masdar, a renewable energy company that is a subsidiary of the United Arab Emirates' Mubadala Investment Company, has been awarded …
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India considers raising foreign investment cap in state banks to 49 – report
The Indian government is contemplating a policy revision that would permit up to 49% foreign direct investment in its public …
