Saudi Edition 
MENA+ Edition 
Egypt Edition 
UAE Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
THIS MORNING: Filling the commercial infrastructure around EVs
Almarai’s USD 4 bn-plus expansion plan looks beyond its core businesses for 2031
Lucid opts for cost-cutting as financials dim EV prospects
The company plans to trim USD 1.4 bn in expenses to reduce its losses and fund its pipeline
Leejam Sports gets SAR 960 mn financing package for expansion
AND- Alkhorayef Water awarded SAR 214.6 mn contract for Al-Kharj sewage network
BYD mulls increasing EV and battery production capacity in the Kingdom
The Saudi government needs to implement many more reforms and policies to reach double digit growth
Saudi is loading up on Chinese energy storage systems
ALSO- Bloomberg sheds some light on PIF investments to bring in big EV players to the Kingdom
Ceer signs SAR 5.5 bn agreements to localize EV components
The company aims to source over 40% of its raw materials locally
Hassan Allam Utilities to invest in and develop KAEC off-port terminal
INFRASTRUCTURE- #1- Hassan Allam Utilities to develop an off-port terminal in King Abdullah Economic City: Egypt-based energy and infrastructure leader…
Aramco acquires a 10% minority stake in Horse Powertrain
The transaction is valued at EUR 740 mn
Something went wrong. Please refresh the page and/or try again.