Ubtech Robotics stock news
On June 29, 2026, UBTech Robotics (HKG: 9880) announced a strategic expansion into the Middle East through a US$500 million investment agreement with the Saudi Arabian Ministry of Investment. The partnership involves the establishment of a regional headquarters and a high--capacity manufacturing facility within the NEOM economic zone. This facility will focus on the localized production of the Walker S industrial series and healthcare robotics to serve the growing demand in the GCC region. This move is projected to enhance UBTech's global market share and provides a strategic entry point into the sovereign--funded infrastructure projects in the region.