Abu Dhabi Investment Office launches automotive industry plan as it targets major investment and manufacturing drive for motoring sector
car manufacturing
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car manufacturing
Saudi Arabia’s Ceer awards contract for $1.3bn electric vehicle manufacturing facility
Ceer awards major contract to build electric vehicle complex at King Abdullah Economic City in Saudi Arabia
car manufacturing
Saudi Arabia issues Ceer a manufacturing licence as it targets $8bn GDP push
Saudi Arabia’s Ceer granted licence to manufacture electric vehicles in the country
automobile industry
South Korean car maker Hyundai to set up manufacturing facility in Saudi Arabia
The proposed facility using the CKD route will be for production of electric cars and internal combustion engine cars
Al Damani Electric Vehicle Manufacturing Factory
Dubai Industrial City announces opening of 45,000 sq. ft electric vehicle manufacturing factory
The assembly line has a maximum production capacity of 10,000 cars per year
Bandar Alkhorayef
Saudi Arabia in talks to set up West Coast auto manufacturing hub
Gulf kingdom has been looking to develop a car making industry for over a decade
Adeem Investment
Kuwaitis shrink stake in UK luxury carmaker Aston Martin
Billionaire Lawrence Stroll is solidifying his control of Aston Martin Lagonda Global Holdings as Kuwaiti investors pull back
BMW
BMW signs up as first customer for UAE’s new solar-powered aluminium
Emirates Global Aluminium says CelestiAL is first commercially available aluminium produced using solar power
Al Tayer Motors
Ford’s Middle East job cuts still ‘ongoing’ as carmaker aims to save $600m globally
American carmaker is planning to cut 10% of staff around the world
car manufacturing
Ford to cut 7,000 jobs, 10% of global staff
US car manufacturing giant announces plan for heavy job cuts across global operations
car manufacturing
Saudi Arabia said to hold Hyundai talks amid car manufacturing push
Saudi minister quoted as saying in advanced talks with South Korean auto makers