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Nikkiso Cryogenic Services Announces Asas Aljood (Saudi Arabia) to Become the Authorized Service Provider

Nikkiso Cryogenic Services Announces Asas Aljood (Saudi Arabia) to Become the Authorized Service Provider

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 [...]

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 [...]