Korea’s chaebol leaders met with counterparts in Saudi Arabia, Sunday, to boost bilateral business alliances by signing dozens of deals at an investment forum in Riyadh, according to the Federation of …
Hyundai Motor to build 1st car plant in Saudi Arabia, leading 46 Korea-Saudi deals
Hyundai Motor Group announced Monday it has entered into a joint venture agreement with Saudi Arabia’s Public Investment Fund (PIF … with Yoon and some 400 business leaders of both countries in attendance. In the energy industry, several collaborations …
PIF, Hyundai to build high-tech car manufacturing plant in Saudi Arabia
The joint venture, unveiled at the Saudi-Korean Business Forum, comes as a result of the PIF’s strategic efforts to elevate Saudi Arabia as a global automotive player and drive major transformation in the sector. The two entities are set to pool their …
Hyundai to launch hydrogen business in Saudi Arabia with local firms
Hyundai Motor signed a multilateral agreement for a joint hydrogen business in Saudi Arabia, the world’s biggest oil producer, the carmaker said Monday.
Hong Kong’s second-largest online broker Valuable Capital expands into Saudi Arabia’s securities brokerage market
Valuable Capital Financial Company has obtained final approval from regulators to operate dealing, advisory and custody services in Saudi Arabia, and plans to expand into investment banking, asset …
(LEAD) S. Korea, Saudi Arabia to sign 51 deals, MOUs worth US$15.6 bln
South Korea and Saudi Arabia will sign 51 deals and memorandums of understanding (MOU) worth a total of US$15.6 billion on the occasion of South Korean President Yoon Suk Yeol’s state visit to the …
Anwar brings Malaysia’s voice to world stage, urging other nations to support Palestine
RIYADH: During his working visit to Saudi Arabia to attend the inaugural ASEAN-Gulf Cooperation Council (GCC) Summit, Datuk Seri Anwar Ibrahim, on Friday (Oct 20), raised the Palestinian issues with …
Malaysia PM Proposes Free Trade Pact Between ASEAN, Gulf Council
Malaysian Prime Minister, Datuk Seri Anwar Ibrahim, arrives ahead of the Member States of the Gulf Cooperation Council (GCC) and the Association of Southeast Asia Nations (ASEAN) Summit (ASEAN-GCC Summit) in Riyadh, Saudi Arabia October 19, 2023. Saudi Press Agency/Handout via REUTERS Reuters
Arizona governor blocks Saudi Arabia from pumping water in the drought-stricken state: ‘It’s unacceptable’
Since 2000, there have been 18 years in which at least some level of extreme drought was recorded in the state.
Marcos back in Philippines after ‘successful’ Saudi trip
It was a “short but successful” visit, President Marcos said yesterday after arriving from Saudi Arabia where he attended the first summit of leaders of Southeast Asian nations and the Gulf states. In his arrival statement delivered at the Villamor Airbase,