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Monday, November 25, 2024
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Public Investment Fund (PIF)

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HEAT Show 2024: Al-Kifah strikes 100 unit ready mix truck deal

XCMG has continued its impressive week at the HEAT Show with a major deal to supply 100 units to Al Kifah, one of the...

PlusX Electric advocates for sustainable charging solutions for EVs

Dubai-based PlusX Electric is advocating for the use of ‘more eco-friendly, non-super-fast chargers for electric vehicles (EV)’, stating that there are substantial environmental benefits...

AJEX Logistics Services set to expand with new facility at Bahrain Cargo Village

AJEX Logistics Services (AJEX), a prominent express distribution and shipping solutions provider in the Middle East, has signed a Letter of Intent (LOI) with...

HEAT Show 2024: Action-packed HEAT Show opens in Dammam

The HEAVY EQUIPMENT AND TRUCK (HEAT) SHOW has officially opened its doors at the Dharan Expo, bringing together key players in the heavy equipment...

Ceer and Rimac agree electric drive systems in Saudi flagship EVs deal

Saudi Arabia’s first electric vehicle (EV) brand, Ceer, has entered a significant partnership with Croatia’s Rimac Technology to equip its flagship EV range with...

PIF affiliate to pump $1bn into Lucid Group

Lucid Group, Inc. has entered into an agreement with its majority stockholder, Ayar Third Investment Company, an affiliate of the Public Investment Fund, to...

Saudi manufacturing set for upgrade as Baosteel joins new steel plate plant initiative

Aramco and the Public Investment Fund (PIF) have joined forces with Baosteel, the world’s largest steel conglomerate, to establish an integrated steel plate manufacturing...

Saudi-backed Lucid Air sets new EV distance record

The Saudi-financed Lucid Air goes into production this month having set a new range record for electric vehicles. Lucid Motors claims the independently verified distance...

First CDW facility in Saudi Arabia to start recycling next month

Facility in Al Khair will treat up to 600 tons of CDW per hour and achieve recycling rates of more than 90%

SIRC marks major construction milestone for first Construction and Demolition Waste facility in Saudi Arabia

Facility in Al Khair will treat up to 600 tons of CDW per hour and achieve recycling rates of more than 90%

KSA’s Public Investment Fund approves masterplan for Neom Bay

Saudi Arabia’s Public Investment Fund (PIF) has announced that its founding board has approved the masterplan for Neom Bay, an eco-friendly tourist destination that...
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Editor Picks

HEAT Show 2024: Al-Kifah strikes 100 unit ready mix truck deal

XCMG has continued its impressive week at the HEAT Show with a major deal to supply 100 units to Al Kifah, one of the...

PlusX Electric advocates for sustainable charging solutions for EVs

Dubai-based PlusX Electric is advocating for the use of ‘more eco-friendly, non-super-fast chargers for electric vehicles (EV)’, stating that there are substantial environmental benefits...

AJEX Logistics Services set to expand with new facility at Bahrain Cargo Village

AJEX Logistics Services (AJEX), a prominent express distribution and shipping solutions provider in the Middle East, has signed a Letter of Intent (LOI) with...