Saudi PIF-Owned Lucid Sees Record Deliveries with Strong EV Demand
Lucid Group has set up its first-ever car manufacturing plant in Saudi Arabia, where it will produce its groundbreaking cars for the local market and export them to other markets.…
Development
Lucid Group has set up its first-ever car manufacturing plant in Saudi Arabia, where it will produce its groundbreaking cars for the local market and export them to other markets.…
The Dubai International Financial Centre (DIFC) celebrated a successful first half of the year, recording its best performance thus far, with 1,081 new company registrations between January and June, resulting…
The partnership between GSK and Hengrui is part of a growing trend of license deals signed between Chinese and global multinational corporations, whose inventions are helping transform global treatment pipelines.…
Space42 and the UAE government have signed a Dhs18.7 billion deal that will guarantee the supply of satellite capacity until 2043. Space42, an Abu Dhabi-based satellite service company, can use…
AstraZeneca stated that the investment will fund a new drug manufacturing facility in Virginia and cell therapy manufacturing in Maryland, Massachusetts, California, Indiana, and Texas. AstraZeneca plans to invest $50…
UAE Government Media Office stated that the new budget cycle demonstrates how the general budget serves as an annual planning tool and a strategic tool to help federal agencies. The…
Uber Chief Executive Officer (CEO) Dara Khosrowshahi proudly claimed that the partnership will bring together two of the most influential tech innovators to reshape the future of transportation. Uber and…
The Green Climate Fund (GCF) has authorized more than USD 120 million in new funding to improve climate resilience in Mauritania, Ghana, and the Maldives. The world’s largest multinational climate…
Google’s year-on-year electricity consumption surged 27%, indicating its inability to decarbonise as its energy needs are soaring. Countries and private companies alike are in a race to develop their artificial…
Over the next few decades, demand for air travel in Southeast Asia will grow faster than in other countries. AirAsia and VietJet Aviation will add more aircraft to increase their…