saudi arabia Archives | Be Korea-savvy
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 [...]

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 [...]