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Huawei-Backed Aito Enters Middle East With UAE Dealer Deal

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Chinese automaker Seres said its electric vehicle brand Aito has signed an agreement with Abu Dhabi-based dealer group Performance Plus Motors to begin sales in the United Arab Emirates, marking the brand’s first export move outside China. The partnership gives Aito an initial foothold in the Middle East as it looks to expand beyond China’s highly competitive EV market.

Performance Plus Motors, a unit of Abu Dhabi Motors, will handle sales, delivery and after-sales service of Aito’s luxury intelligent vehicles in the UAE. Seres did not provide a timeline for the official launch, but said vehicles have already arrived at Dubai port and test drives of the flagship Aito 9 SUV are underway.

Aito is the most successful brand under Huawei’s Harmony Intelligent Mobility Alliance and has rapidly grown in China. Seres said the UAE agreement represents a key step in Aito’s globalization strategy, with plans for broader Middle Eastern expansion that could support entry into neighboring markets.

Previously sold only in China, Aito showcased its global lineup at the Munich car show last September. The brand sold more than 420,000 vehicles in 2025, becoming the main growth driver for Seres, whose total EV sales rose more than 10% last year.

Huawei Targets AI Chip Sales in Middle East and Southeast Asia Amid U.S. Competition

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Huawei Technologies is seeking to expand its AI chip footprint by attempting to export small quantities of its Ascend 910B AI chips to markets in the Middle East and Southeast Asia, according to a Bloomberg News report on Thursday. The Chinese telecommunications giant is reaching out to potential customers in the United Arab Emirates, Saudi Arabia, and Thailand as it aims to challenge the dominance of U.S. chip leader Nvidia in these regions.

Sources familiar with the matter told Bloomberg that Huawei is offering the older-generation Ascend 910B chips in the low thousands, although no deals have been finalized so far. Interest from parties in the UAE appears limited, while the status of discussions in Thailand remains unclear. Neither the Thai government nor Saudi Arabia’s media office responded to requests for comment, and Huawei did not immediately reply to Reuters’ inquiry.

In addition to the Ascend 910B, Huawei is promoting CloudMatrix 384, a China-based AI system powered by more advanced chips. However, due to supply constraints, the company is currently unable to export this system. The Middle East is becoming a hot market for AI chips, with several U.S. firms such as Nvidia announcing significant deals. Earlier this year, former U.S. President Donald Trump secured $600 billion in commitments for U.S. companies from Saudi Arabia during a regional tour.

Huawei is also focusing on selling its more advanced AI chip, the 910C, to Chinese customers who face restrictions accessing top-tier American chip technology. U.S. administrations have imposed export controls to limit China’s access to advanced semiconductor technologies, citing national security concerns related to military applications.

An Nvidia spokesperson noted that “With the current export controls, we are effectively out of the China datacenter market, which is now served only by competitors such as Huawei,” highlighting the competitive dynamics shaped by these restrictions.

Binance Reopens Crypto Trading to Syrians Following U.S. Sanctions Lift

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Binance, the world’s largest cryptocurrency exchange, announced it will reopen trading services to users in Syria after the United States lifted sanctions on the country last month.

Syrian users will now have full access to Binance’s platform, which supports over 300 cryptocurrency tokens and stablecoins. Notably, the Syrian pound will be accepted for buying and selling cryptocurrencies on the exchange.

The sanctions removal came as a surprise move by the Trump administration, reportedly influenced by Saudi Arabia, which advocated for easing restrictions on Syria. The new government in Syria, led by an Islamist coalition after ousting former leader Bashar al-Assad, is focusing on rebuilding the country’s public services and improving infrastructure, including internet access, after years of civil war and prolonged sanctions.

Binance’s reopening of services is expected to facilitate financial inclusion and offer Syrians new economic opportunities amid the country’s recovery efforts.