saudi arabia Archives | Be Korea-savvy
Samsung Signs MOU with Saudi Arabia on Entertainment City Project

Samsung Signs MOU with Saudi Arabia on Entertainment City Project

SEOUL, Oct. 30 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group said Wednesday it will join a massive entertainment city development project in Saudi Arabia, with its affiliates taking part in various areas from construction to electronics. Under an agreement with Qiddiya Investment Company (QIC), Samsung will collaborate with Saudi officials on the development [...]

Saudi Arabia Looks to Build World’s First Long-Range Hyperloop Test Track in Partnership with Virgin Hyperloop One

Saudi Arabia Looks to Build World’s First Long-Range Hyperloop Test Track in Partnership with Virgin Hyperloop One

LOS ANGELES, Jul. 22 (Korea Bizwire) — Virgin Hyperloop One, the only hyperloop company in the world to successfully test its hyperloop technology at scale, today announced a development partnership with the Saudi Arabia’s Economic City Authority (ECA) to conduct a study to build the world’s longest test and certification hyperloop track, as well as [...]

S-Oil Beefs Up Petrochemical Biz with US4.2 bln Project

S-Oil Beefs Up Petrochemical Biz with US4.2 bln Project

SEOUL, Jun. 26 (Korea Bizwire) — S-Oil Corp., a major refiner in South Korea owned by Saudi Aramco, said Wednesday it has completed the construction of petrochemical production facilities in South Korea, which will help further raise its presence in the non-refining business field. In 2015, S-Oil, the third-largest refining firm in the country, started [...]

S. Korea, Saudi Arabia Discuss Broadening Economic Ties Under 2030 Vision

S. Korea, Saudi Arabia Discuss Broadening Economic Ties Under 2030 Vision

SEOUL, Apr. 3 (Korea Bizwire) — South Korea’s industry minister held a meeting with his Saudi Arabian counterpart on Wednesday to discuss ways to expand economic cooperation between the two countries, especially in the energy sector. Industry Minister Sung Yun-mo met Mohammad Al-Tuwaijri, the Saudi Arabian minister of economy and planning, in Seoul. The two [...]

S. Korea Teams Up with Saudi Arabia to Establish Intellectual Property Management System

S. Korea Teams Up with Saudi Arabia to Establish Intellectual Property Management System

DAEJEON, Apr. 2 (Korea Bizwire) — South Korea will participate in a project to establish an ecosystem for intellectual property led by the Saudi Arabian government aiming to achieve its national goal of ‘Vision 2030’. Park Won-joo, Korean Intellectual Property Office (KIPO) Commissioner, and Mohammed Al-Swailem, the CEO of Saudi Authority for Intellectual Property, met [...]

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 [...]