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Middle East weekly: QIA anchors Eastroc IPO, Dubai launches DIFC expansion, Saudi Arabia rolls out national privatization strategy, and more

Here’s a roundup of key developments across the Middle East for the week of January 25–31.

7 mins read

The Chinese electronics giant views the deal as a way to improve profitability.
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China’s TCL sees Sony deal as way to topple global TV leader Samsung
3 mins read
JD.com was among the institutional and industry investors backing the embodied intelligence firm’s latest round.
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LimX Dynamics raises Series B funding to push embodied robots into real-world use
5 mins read
Global paying users were reported to have quadrupled within days of K2.5’s launch.
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Moonshot AI sees overseas revenue surge as Kimi K2.5 gains traction abroad
4 mins read
Electronics and marine products drive a surge in India’s shipments to China.
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China offers Indian exporters helping hand amid Trump tariffs
4 mins read
The plan maps four architectures benchmarked against Nvidia’s lineup, culminating with a bid to challenge Rubin.
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Iluvatar CoreX lays out GPU roadmap to surpass Nvidia by 2027
2 mins read
The JD.com subsidiary plans to use proceeds to expand its global infrastructure network as revenue rises and losses narrow.
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JD Property revives Hong Kong IPO plan as overseas portfolio grows
2 mins read
Chinese AI talent is weighing whether to stay, or return home.
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Chinese AI researchers in US torn between promise, politics
4 mins read
Wook’s revenue topped RMB 1 billion in 2024 as it expands beyond Indonesia across Southeast Asia.
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Alibaba-backed Wook moves closer to IPO as Southeast Asia drives growth
3 mins read