Majed Mazen Rasheed Nofal, a seasoned finance official, is now at the helm of the Saudi Arabia-based dairy producer.
Chinese exports have been declining for 12 straight months.
The new investment is on a much smaller scale than HQ2, which envisaged bringing some 25,000 positions to the area.
Last week, DIFC announced the launch of WorldFirst—a global currency exchange and payments company acquired by China-based Alibaba Group Holding’s financial technology arm.
Since its founding, the Jack Ma Foundation by itself has already distributed or pledged at least $300 million, according to figures from Alibaba.
A search-and-rescue instructor died on a mountain after a helicopter couldn’t land. Now a company cofounded by one of his trainees is using technology to stabilize these flights.
Tuesday's announcement that Larry Page stepped down as CEO of Alphabet does not significantly shift the company's status quo.
Finding ways to meet the demands of eco-conscious travel lovers and other holidaymakers jaded by overtourism is a growing concern for Booking.com chairwoman Gillian Tans.