Analysis

Hyundai Motor Joins EV Car Race in Saudi Arabia with Planned Factory; Signs MOU with Saudi Ministry of Industry and Mineral Resources

• SUSTG Team
• |
• 1. 3. 2023

South Korea's Hyundai Motors has joined the race to build EV cars in Saudi Arabia, signing a memorandum of understanding with Saudi Arabia's Ministry of Industry and Mineral Resources to build a factory for the complete assembly of electric cars in the Kingdom, the Saudi Press Agency (SPA) reported.

• 

  Saudi Arabia, Japan Eye Increased Trade and Cooperation at Riyadh Investment Forum

  SUSTG Team  |  12. 28. 2022

  Saudi Arabia and Japan signed several new agreements and understandings at a Saudi-Japan investment forum to boost trade and relations between the two nations, according to reports.

• 

  Germany Sets Sights on Importing Saudi Ammonia to Make Hydrogen by 2026

  SUSTG Team  |  12. 20. 2022

  European economic powerhouse Germany has said it hopes to import green ammonia from Saudi Arabia at a terminal to be opened in 2026, according to a report in the UAE-based The National.

• 

  Middle East KFC Operator, Americana, Sees Successful Debut in First Dual Listing in the Gulf

  SUSTG Team  |  12. 13. 2022

  The Middle Eastern operator of KFC and Pizza Hut outlets, Americana Restaurants International Plc, climbed in its debut after raising $1.8 billion in an initial public offering, pulling off the first-ever dual listing in Riyadh and Abu Dhabi, Bloomberg reports.

• 

  Saudi Arabia’s PIF Buys 9.5 Percent Stake in German Renewables firm Skyborn

  SUSTG Team  |  12. 12. 2022

• 

  Adding to Growing List of Natural Treasures, ‘Desert Fish’ Rock Formation Discovered in Al-Ula

  SUSTG Team  |  12. 7. 2022

  The recent discovery of a giant fish-shaped rock emerging from the sands of the Saudi desert near Al-Ula adds to a growing collection of natural wonders in Saudi Arabia.

• 

  Virginia-Based Bechtel Corp. Wins Contract to Provide Project Management Consultancy Services for NEOM’s TROJENA

  SUSTG Team  |  12. 5. 2022

• 

  An ‘Aerotropolis’: Saudi Arabia Plans to Build One of the World’s Largest International Airport’s in Riyadh Named After King Salman

  SUSTG Team  |  11. 28. 2022

  Saudi Arabia plans to build one of the world’s largest airports in the capital Riyadh, named after King Salman, which will be capable of handling 185 million passengers a year and eventually powered by renewable energy, according to a statement from Saudi Arabia's Public Investment Fund and reported

• 

  Data Show Foreign Direct Investment Inflows into Saudi Arabia Falls 85% in Second Quarter on 2021 Aramco Deal

  SUSTG Team  |  11. 15. 2022

  Saudi Arabia recorded second-quarter foreign direct investment (FDI) inflows down 85% year on year, an investment ministry report showed on Tuesday, with the reason for the significant drop attributed to the closing of state-owned Saudi Aramco's IPO deal in the second quarter of 2021.

• 

  Crown Prince Heads to G20 in Indonesia as Chinese Leader Xi Jinping Reportedly Eyes December for Saudi Visit

  SUSTG Team  |  11. 14. 2022

  Crown Prince Mohammed bin Salman of Saudi Arabia will represent the Kingdom at the G20 in Indonesia at this year's meetings, and will visit other Asian countries as part of the trip, state news agency SPA reported.