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News about King Abdullah Economic City

Stay current with all the latest and breaking news about King Abdullah Economic City, compare headlines and perspectives between news sources on stories happening today. In total, 5stories have been published about King Abdullah Economic City which Ground News has aggregated in the past 3 months.

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King Abdullah Economic City · King Abdullah Economic City

Lucid Partners With Saudi Arabia’s TVTC on Workforce Training

Lucid Motors signed on Wednesday a cooperation agreement with Saudi Arabia’s Technical and Vocational Training Corporation (TVTC), the Saudi-backed electric vehicle maker said on Wednesday. The Middle East is assuming greater importance in Lucid’s operations, with increased backing from Saudi Arabia’s sovereign wealth fund, an expanding sales network, rising deliveries in the region, and plans to begin full vehicle production locally by late 202…Read Article

Emaar EC reschedules loan with consortium of Saudi banks

Deal to reschedule $904m New credit facility with banks Debt to mature in 2033 Emaar the Economic City (Emaar EC), the developer of King Abdullah Economic City, has signed an agreement with four Saudi banks to reschedule a total of SAR3.4 billion ($904 million) in existing financing. The agreement also includes securing a new credit facility of SAR287 million from Alinma Bank, Saudi Awwal Bank, Banque Saudi Fransi and Saudi National Bank, Emaar …King Abdullah Economic City · King Abdullah Economic City Read Article

BiH company builds its factory in Saudi Arabia and penetrates the global market - Business Info

The construction of a new modern factory of the Bosnian and Herzegovinian company Derubis from Vitez in Saudi Arabia is nearing completion. As BiznisInfo.ba previously wrote, the company Derubis, a manufacturer of boats and caravans from Bosnia and Herzegovina, is entering the Saudi Arabian market by establishing a shipyard and a caravan factory, as part of the King Abdullah Economic City (KAEC). Now it can be seen that this project is slowly co…King Abdullah Economic City · King Abdullah Economic City Read Article

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