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Hyundai Launches Program Targeting Female Drivers in Saudi Arabia

Hyundai Launches Program Targeting Female Drivers in Saudi Arabia

SEOUL, Aug. 2 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Co. said Thursday it has launched its “#whatsnext” marketing campaign in Saudi Arabia following the Islamic country’s decision to allow women to drive cars. Saudi Arabia allowed women to drive cars for the first time on June 24. Hyundai said it released a [...]

Saudi Stock Exchange (Tadawul) Signs Post-Trade Technology Transformation Agreement with Nasdaq

Saudi Stock Exchange (Tadawul) Signs Post-Trade Technology Transformation Agreement with Nasdaq

RIYADH, N.Y. and STOCKHOLM, Sweden, Dec. 4 (Korea Bizwire) — The Saudi Stock Exchange (Tadawul) and Nasdaq have officially signed an agreement to transform Tadawul’s post-trade technology infrastructure, which includes registry, depository and risk management technologies. In addition to the post-trade area, Nasdaq will continue to support the existing trading and market surveillance technology at Tadawul. The [...]

‘Descendants of the Sun’ to be Exported to Over 27 Countries

‘Descendants of the Sun’ to be Exported to Over 27 Countries

SEOUL, March 24 (Korea Bizwire) - South Korean TV sensation “Descendants of the Sun” has been exported to 27 countries and the number is set to grow, its production company said Wednesday. Next Entertainment World said that the burgeoning attention the drama has been attracting overseas raised the possibility of sealing more broadcasting contracts in the [...]

Big Data Solution for Clinical Information Exported to Saudi Arabia

Big Data Solution for Clinical Information Exported to Saudi Arabia

SEOUL, Dec.10 (Korea Bizwire) – Seoul National University’s Bundang Hospital in collaboration with SK Telecom and EZCaretech signed an agreement to export a Clinical Data Warehouse (CDW) to King Abdulaziz Medical City Riyadh, one of the most prestigious hospitals in Saudi Arabia, for $1.3 million. A CDW is a solution that can be used to [...]

POSCO Attracts KRW1.24tn of Foreign Investment Through Sale of POSCO E&C Stake

POSCO Attracts KRW1.24tn of Foreign Investment Through Sale of POSCO E&C Stake

SEOUL, Jul. 2 (Korea Bizwire) — POSCO signed a Share Purchase Agreement (“SPA”) with the Public Investment Fund (“PIF”) of Saudi Arabia for sale of POSCO E&C shares. The transaction brings in KRW1.24 trillion of foreign investment into Korea. On June 15, 2015, POSCO Chairman Kwon Oh-joon and PIF Secretary General Abdulrahman M. Al Mofadhi [...]

POSCO to Finalize Cooperation Deal with Saudi Fund

POSCO to Finalize Cooperation Deal with Saudi Fund

SEOUL, May 17 (Korea Bizwire) — POSCO Co., South Korea’s largest steelmaker, likely will sign a comprehensive cooperation deal with South Arabia’s sovereign wealth fund next month that includes the sale of a stake in its construction unit, industry sources said Sunday. POSCO was supposed to complete the deal with the Public Investment Fund (PIF) [...]