RIYADH, SAUDI ARABIA: Avass Group signed an agreement with Kingdom Saudi Arabia (KSA) to jointly manufacture electric vehicles and lithium batteries. Australia-based Avass Group have endorsed a Memorandum of Understanding (MoU) with HRH Prince Abdulaziz Bin Abdullah Bin Saud Bin Abdulaziz Al Saud in the capital city of Riyadh on December 19. The agreement bolsters…
Tag: Saudi Arabia
KEFI Gold and Copper gets award of exploration licences in Saudi Arabia
LONDON, UK: KEFI Gold and Copper (LON: KEFI) announced the issuance of the Al Godeyer and Al Godeyer East Exploration Licences to the KEFI-operated Saudi Arabian joint-venture Gold and Minerals Limited (G&M). The licences are situated 12km south-west of the Company’s Hawiah discovery (see Figure 1 in the attached appendix), which is expected to shortly…
Zwipe and GEPCOM to bring next generation payment cards to Saudi Arabia
RIYADH, SAUDI ARABIA: GEPCOM, one of oldest and most respected card production and printing facilities in the Arab world, has selected the Zwipe Pay ONE platform to deliver biometric payment cards to its clients in Saudi Arabia and key international markets. Zwipe is a FinTech that has pioneered the development of biometric payment cards and…
Xlife Sciences elected as Innovation Partner for Saudi Arabia
LONDON, UK: Xlife Sciences AG has signed a strategic partnership with the development organization Peace City World as part of the Vision 2030 future program. Peace City World is the official developer of four Smart Cities in Saudi Arabia and Tunisia as well as part of Vision 2030. The program was launched by the Saudi…
Valoe and ICON to setup solar module manufacturing in Saudi Arabia
HELSINKI, FINLAND: Valoe Oyj and ICON Advanced Co. Ltd, have agreed on establishing a joint venture company in Saudi Arabia. Valoe shall own 40 percent and ICON 60 percent of the joint venture company. The joint venture company is planning to build in Saudi Arabia a Back Contact Solar Module (solar module) manufacturing plant that…
Saudi Arabia and International Telecommunication Union sign MoU to support AI for sustainable development efforts
RIYADH, SAUDI ARABIA: Saudi Arabia, represented by the Saudi Data and AI Authority (SDAIA), and the International Telecommunication Union (ITU) announced a memorandum of understanding (MoU) to collaborate on initiatives aimed at supporting and strengthening efforts to optimize the benefits of AI technologies and applications for sustainable development. Under the partnership, Saudi Arabia will support…
KEFI Minerals welcomes Saudi Arabia’s new Mining Investment Law
LONDON: KEFI Minerals has welcomed the approval by the Saudi Arabian Cabinet in June 2020 of a new Mining Investment Law, which is aimed at boosting the country’s mining industry and is part of Saudi Arabia’s plan to diversify its economy away from hydrocarbons. The Company also welcomes the expanded role of the Saudi Investment…