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‘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) [...]

POSCO to Set up Tie with Sovereign Fund of Saudi Arabia

POSCO to Set up Tie with Sovereign Fund of Saudi Arabia

SEOUL, March 4 (Korea Bizwire) — POSCO, South Korea’s largest steelmaker, said Wednesday that it has signed a tentative deal with a sovereign fund of Saudi Arabia to push for “comprehensive” cooperation that includes construction and automaking. The tie-up was promised under a memorandum of understanding signed by POSCO CEO Kwon Oh-joon and Abdulrahman Al [...]

Korea’s Brain Imaging Technology to Be Transferred to Saudi Arabia

Korea’s Brain Imaging Technology to Be Transferred to Saudi Arabia

SEOUL, South Korea, Sept 25 (Korea Bizwire) – A second achievement of the twinning project, a crucial institution building instrument used today by nations for capability transfer, between Korea and Saudi Arabia will materialize very soon. The Korean Ministry of Health and Welfare said on September 24 that the Gachon University Medical School and Saudi [...]