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Saturday, Dec 10, 2022
World's Arab Press Reports
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Saudi Crown Prince Launches Ceer, Country's First Electric Vehicle Brand
Ceer will attract over $150 million of foreign direct investment and is projected to directly contribute $8 billion to the kingdom's GDP by 2034.
Saudi Arabia's crown prince Mohammed bin Salman has launched Ceer, the first Saudi electric vehicle brand, expected to be available in 2025, the state news agency (SPA) reported on Thursday.
Ceer will attract over $150 million of foreign direct investment and is projected to directly contribute $8 billion to the kingdom's GDP by 2034, SPA added.
The company is a joint venture between Saudi Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), SPA said.
Qatar ‘corruption’ scandal rocks EU Parliament
Top MEP Eva Kaili suspended as lobbying inquiry threatens to snowball.
Crown Prince: Arabs will race for progress and renaissance
Wrapping up the Arab-China Summit for Cooperation and Development,Crown Prince and Prime Minister Mohammed bin Salman reiterated on Friday the resolve of the Arabs to strive for...
Xi announces China to list Saudi Arabia as destination for group travel
Chinese President Xi Jinping announced that his country listed Saudi Arabia as an outbound destination for group travel of Chinese tourists.
Giordano Middle East cap off successful year by bagging two prestigious global retail awards
Giordano witnessed a winning streak at a spate of recent global retail award ceremonies, rounding off 2022 on a high.
Hikvision participated at the 6th Future Investment Initiative in Riyadh
Hikvision took part in the 6th Future Investment Initiative (FII) conference, themed "Investing in Humanity: Enabling a New Global Order", which was held in Riyadh, Saudi Arabia.
Russia lauds Saudi Arabia and UAE role in prisoner swap with US
Russia praised Saudi Arabia and the UAE for helping to carry out the exchange of Russian Viktor Bout for US basketball player Brittney Griner, Kremlin spokesman Dmitry Peskov sa...
Opening Gulf summit, Crown Prince hints at new Saudi vision to bolster GCC states
Crown Prince and Prime Minister Mohammed bin Salman reaffirmed on Friday Saudi Arabia’s intention to present a new vision to further boost the development of the Gulf Cooperatio...
England forward Sterling to return to World Cup after absence for 'family matter'
England forward Raheem Sterling is set re-join the national team for their World Cup campaign in Qatar following his absence for a "family matter."
Spain get new head coach after World Cup elimination
Spain have parted ways with their manager Luis Enrique after a shock World Cup last-16 exit to Morocco, the country’s football federation announced on Thursday.
Al-Jadaan: No change in VAT, expat levy
Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan has said that there is no change in the value-added tax (VAT) or the levy for expatriate workers at present.
Saudi Arabia to host meeting of Global Coalition to Defeat Daesh
Saudi Arabia announced on Thursday that it will host the next ministerial meeting of the Global Coalition to Defeat Daesh in 2023.
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