Lucid Motors, partially owned by the Public Investment Fund (PIF), inaugurated today, Sept. 27, its manufacturing unit, AMO-2, the company's first international factory in King Abdullah Economic City (KAEC), Jeddah. In May 2022, the company signed a contract to begin the...
Saudi Arabia’s Minister of Transport and Logistic Services, Saleh Al-Jasser, and the accompanying delegation held a series of meetings with leaders of major Chinese companies in Beijing, where he handed them licenses to carry out logistics activities in the...
Saudi Minister of Tourism Ahmed Al Khateeb announced the launch of a tourism and hospitality school in Qiddiya with an investment of $1 billion. In his speech at the World Tourism Day 2023 conference held , Sept. 27, in Riyadh, the minister...
Minister of Industry and Mineral Resources, Bandar Alkhorayef, said the opening of Lucid Group’s electric vehicle (EV) factory in Saudi Arabia and target exports affirms Saudi Arabia’s ability to attract investments and compete. The Kingdom negotiates to invest...
Saudi Arabia is on course to construct 400,000-500,000 hotel rooms in various projects, including NEOM, Qiddiya and Diriyah, Minister of Tourism Ahmed Al Khateeb said today, Sept. 27. Al Khateeb was speaking at the World Tourism Day 2023 Conference in Riyadh. Saudi ...
Saudi Aramco and Jiangsu Eastern Shenghong Co., Ltd. signed today, Sept. 27, a cooperation framework agreement to facilitate discussions on Aramco’s possible acquisition of a 10% strategic equity interest in Jiangsu Shenghong Petrochemical Industry Group Co., Ltd. (Shenghong Petrochemical) a ...
Nestlé announced today a strategic partnership with Saudi Arabia’s SME General Authority, Monsha'at, to bolster the expertise and operations of small and medium-sized enterprises (SMEs) within the flourishing food and beverage industry in Saudi Arabia. The Memorandum of Understanding...
Nutanix, a leader in hybrid multicloud computing, announced today the signing of a Memorandum of Understanding (MoU) with the Digital Government Authority (DGA) in the Kingdom of Saudi Arabia, with the aim of developing mechanisms for government agencies to benefit from cloud services, explore...
I'm thrilled to bring the timeless elegance and culinary excellence of MR CHOW to Riyadh, the vibrant heart of the Middle East. This marks a remarkable chapter in our journey, and I'm excited to share our unique blend of art, culture, and cuisine.” Michael Chow Septmeber 21st, 2023...
In recent years, the world of trading has undergone a significant transformation. With the advent of Artificial Intelligence (AI), traditional trading practices and risk perceptions have been revolutionized. This article aims to explore the profound impact of AI on risk perceptions in trading and...