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Neom vs. Expo: Saudi crown prince puts Korean firms in dilemma

Busans bid to defeat the Saudi Arabian capital of Riyadh to host World Expo 2030 could lose momentum, after Crown Prince and Prime Minister Mohammed bin Salman Al Saud promised lucrative business opportunities for Korean companies during his day-long stay in Seoul last week, according to industry officials, Tuesday. The 37-year-old crown prince visited Korea just a year before Bureau International des Expositions (BIE) members vote to choose the venue for one of the worlds largest international ...
Soult Ukpyolsi South Korea Saudi Arabia Red Sea Djibouti General Krung Thep Mahanakhon

NEOM showcases investment opportunities in European tour

Entrepreneurs, industry pioneers and potential business partners from the two European countries had the chance to engage with NEOM’s CEO and several of the project’s leaders to explore future opportunities and support NEOM’s mission to redefine business, urban livability, and nature conservation.
Saudi Arabia France General United Kingdom Nadhmi Al Nasr Saudigazette Newspaper Audi Sazette

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Korea partners with Saudi Arabia for growth

Korea is fortifying cooperation with Saudi Arabia, a prospective partner in the expansion of Koreas key industries including construction, shipbuilding and marine engineering, according to the trade and land ministries, Thursday. The areas of joint cooperation will include digital and smart infrastructure building, intellectual property rights, culture, hydrogen energy, smart city planning, bio, healthcare, agriculture and the fishery industry. The two countries will increase investments in area...
Saudi Arabia Ar Riya South Korea Lee Chang Yang Othman Al Rumayyan Khalida Al Falih

Land minister, builders on trip to win construction projects in Saudi Arabia

A delegation led by Land Minister Won Hee-ryong has embarked on a trip to Saudi Arabia, a key prospective partner in Koreas overseas construction projects, the land ministry said, Friday. The six-day trip is the latest in a government policy initiative to help local builders win overseas construction contracts of $50 billion (71 trillion won) every year through 2027, a drive the ministry says will revive the industry.
Saudi Arabia Ar Riya United Arab Emirates South Korea International Contractors Association Of Korea Transport Won

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