South Korean President Yoon Suk Yeol on Tuesday said the country would expand the scope of its economic co-operation with Saudi Arabia, which is looking to diversify its economy. Countries in the …
Why Middle East Peace Requires Turning Off Iran’s Oil and Increasing Saudi’s
Shutting down Iran’s oil exports and having Saudi Arabia replace production would be a key step to stabilizing the Middle East.
Hyundai follows Lucid partnering with Saudi’s PIF to build a new manufacturing plant
Hyundai and Saudi’s PIF signed a joint venture agreement to build a new “highly automated vehicle manufacturing plant in Saudi Arabia” at the Saudi-Korean Business Forum. The joint venture aims to …
Cyclone Tej: The Indirect Impact on Saudi Arabia, Oman, and Yemen
In the tumultuous theatre of nature, Cyclone Tej has taken center stage in the Arabian Sea, making its presence felt with an overture of heavy rains, robust winds, and the looming threat of floods.
Saudi Arabia’s Vision 2030: Transforming Tourism and Fostering Job Localization
In the heart of Saudi Arabia, a transformation is taking root, one that aims not only to shift the economic landscape but also to redefine the nation’s identity. At the forefront of this metamorphosis …
PM Returns from Saudi Arabia After Fruitful Trade and Investment Talks
The Vietnamese Prime Minister has returned from Saudi Arabia . Here’s what happened and what trade between the two countries looks like.
Chaebol chiefs seek more business in Saudi Arabia
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.