HONG KONG, Jan. 27 (Korea Bizwire) — Driverless delivery vehicle jointly built by Teksbotics (Asia) Limited (hereinafter referred to as “Teksbotics”) and UISEE was recently launched and piloted in the community of King Abdullah University of Science and Technology, Saudi Arabia, for “Last mile” autonomous delivery service. The driverless delivery vehicle project aims to connect with local online [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s top steel maker POSCO and construction company Samsung C&T Corp said Wednesday they signed an agreement with Saudi Arabia’s sovereign wealth fund on green hydrogen production. Under the deal, the two companies will join hands with Public Investment Fund (PIF) to start a project in Saudi Arabia [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s major power plant builder Doosan Heavy Industries & Construction said Wednesday it has signed a deal with Saudi Arabian Industrial Investments Co. and Saudi Aramco Development Co. to set up a joint venture to operate a US$940 million casting and forging plant. TWAIG Casting & Forging will [...]
RIYADH, SAUDI ARABIA, Aug. 20 (Korea Bizwire) — With less than two months to go, the Kingdom of Saudi Arabia is preparing to welcome the world to its state-of-the-art pavilion at Expo 2020 Dubai. At the Saudi Pavilion – the second largest after the UAE’s – visitors will experience the Kingdom’s rich past, vibrant present, [...]
TEMECULA, Calif., June 16 (Korea Bizwire) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to announce they have signed an agreement for Asas Aljood to become the Authorized Service Provider for Nikkiso Cryogenic Services (NCS) in the Kingdom of Saudi Arabia. With the [...]
SEOUL, Feb. 3 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, said Monday it will supply 1,000 Sonata taxis to a Saudi Arabian airport this year. Hyundai has signed a supply deal with Al-Safwa, one of Saudi Arabia’s major transportation companies, to provide 1,000 Sonata sedans as taxis for operation at King Khalid [...]
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 [...]
RIYADH, Oct. 12 (Korea Bizwire) – The strong religious culture in Saudi Arabia couldn’t stop abaya-covered fans from springing up in their seats to dance as K-pop superband BTS performed its latest mega hit, “Boy With Luv,” in the country’s capital, Riyadh, Friday evening. Religious restraints and Islamic doctrine melted away as the K-pop septet [...]
RIYADH, Oct. 11 (Korea Bizwire) — Major landmarks in the Saudi Arabian capital, Riyadh, were lit up in purple late Thursday as the city welcomed global K-pop act BTS and its upcoming concert here. The septet arrived in Riyadh early Thursday for their historic “Love Yourself: Speak Yourself” concert in the Middle Eastern city’s King [...]
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 [...]