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MODON CEO Eng. Khalid Al-Salem said that the authority’s participation in the World Defense Show is based on its vision to become a preferred investment destination and the first partner for the industrial and technological system.
RIYADH: The Saudi Arabian oil industry still dominates the country’s economy, but can be used as a springboard for diversification and transformation, the minister of industry and minerals told Arab News.
RIYADH: Suliman Al-Mazroua has been CEO of Saudi Arabia’s National Industrial Development and Logistics Program since September 2019. Al-Mazroua leads the NIDLP’s objective to “transform the Kingdom into a leading industrial powerhouse and a global logistics hub by maximizing the value of its mining and energy sectors while unlocking the full potential of local content and the
- Lucid announces long-term plan to bring advanced automotive manufacturing to Saudi Arabia to address global demand. - Lucid estimates that the location of Lucid's first international
Electric vehicle (EV) manufacturer Lucid Group, today (March 1) announced plans to set up its first international manufacturing plant in Saudi Arabia after signing agreements with multiple agencies in Saudi Arabia.