Saudi Arabia and the world
Friday, Dec 02, 2022
The World in the Heart of the Kingdom
Add Your News
Saudi Crown Prince Launches Ceer, Country's First Electric Vehicle Brand
Ceer will attract over $150 million of foreign direct investment and is projected to directly contribute $8 billion to the kingdom's GDP by 2034.
Saudi Arabia's crown prince Mohammed bin Salman has launched Ceer, the first Saudi electric vehicle brand, expected to be available in 2025, the state news agency (SPA) reported on Thursday.
Ceer will attract over $150 million of foreign direct investment and is projected to directly contribute $8 billion to the kingdom's GDP by 2034, SPA added.
The company is a joint venture between Saudi Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), SPA said.
KSA and UAE is a partnership of possibilities
On UAE National Day I would like to congratulate the leadership and the people of the UAE.
Jack Ma, the billionaire founder of Alibaba, disappeared from public view in 2020. He's been living in Tokyo for the past 6 months, a new report says.
Ma has been lying low since October 2020, when he gave a speech criticizing China's financial regulatory system that angered Chinese authorities.
Saudi Arabia, Spain sign deal to build combat ships for Royal Saudi Navy
Saudi Arabia's Ministry of Defense and the General Authority for Military Industries (GAMI) signed a memorandum of understanding with the Spanish Navantia Co. to acquire and bui...
Biden Says Ready To Speak To Putin "If He's Looking For Way To End War"
US President Joe Biden said that he is prepared to speak with Putin if in fact there is an interest in him deciding he's looking for a way to end the war.
Shomoul Holding Company participates in MAPIC International Exhibition through its major regional projects
Taking steady steps in the path towards progress and leadership in real estate development, Shomoul Holding Company is participating in the "MAPIC" International Exhibition for ...
Elon Musk Hopes To Test Brain Chip In Humans Soon, Will Get One Himself
The interface, produced by Musk's start-up Neuralink, would allow the user to communicate directly with computers through their thoughts, he said.
King, Crown Prince congratulate CAR, Romania presidents
Custodian of the Two Holy Mosques King Salman has sent a cable of congratulations to President Faustin-Archange Touadéra of the Central African Republic (CAR) on the anniversary...
Elon Musk Unveils Tesla's First Heavy-Duty Semi-Trucks
Musk said that the Semi has three times the power of any diesel-powered truck and it is aimed at reducing the outsized emissions of the trucking sector relative to size of the f...
'Theeb Rent a Car' branch in Al-Bahah moved to new location on King Abdulaziz road
Theeb Rent a Car has announced moving its branch which is located on King Abdulaziz Road, Al-Raab District, Al-Bahah to another location near the old location, to develop better...
Kanye West Praises Hitler, Defends Nazis In Hours-Long Livestream
In an interview with US conspiracy theorist Alex Jones, Kanye West said that he "loves Hitler" who invented highways and invented the very microphone that I used as a musician.
PIF secures largest ever term loan globally
Saudi Arabia's Public Investment Fund (PIF) announced on Wednesday that it secured a $17 billion, seven-year senior unsecured term loan.
Subscribe also to our WhatsApp channel:
Add Your News