Saudi

Lucid Group Makes History in Saudi Arabia as it Opens Country's First-Ever Car Manufacturing Facility

Retrieved on: 
Wednesday, September 27, 2023
Alleged Saudi government role in the September 11 attacks, Workforce, Saudi, Vision 2030, Public Investment Fund, SKD, Lucid Air, Human Resources Development Fund, Government, Organization, Lucid, Ministry of Investment, Lucid Motors, Atmosphere of Earth, CBU, Growth, SIDF, MISA, Arms industry, Management, King Abdullah Economic City, KAEC, Kingdom

Lucid Group commences assembly of Lucid Airs in its new Advanced Manufacturing Plant, AMP-2, its first international manufacturing facility, strategically located in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia.

Key Points: 
  • Lucid Group commences assembly of Lucid Airs in its new Advanced Manufacturing Plant, AMP-2, its first international manufacturing facility, strategically located in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia.
  • KING ABDULLAH ECONOMIC CITY, Saudi Arabia, Sept. 27, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for the luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, has officially opened the first-ever car manufacturing facility in Saudi Arabia.
  • As Lucid's second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid's groundbreaking electric vehicles for Saudi Arabia and export to other markets.
  • "We are delighted to make history today in Saudi Arabia by opening the country's first car manufacturing facility, which will produce our award-winning electric vehicles and support the country's vision for a more sustainable and diversified economy," said Peter Rawlinson, CEO and CTO, Lucid Group.

Lucid Group Makes History in Saudi Arabia as it Opens Country's First-Ever Car Manufacturing Facility

Retrieved on: 
Wednesday, September 27, 2023
Alleged Saudi government role in the September 11 attacks, Workforce, Saudi, Vision 2030, Public Investment Fund, SKD, Lucid Air, Human Resources Development Fund, Government, Organization, Lucid, Ministry of Investment, Lucid Motors, Atmosphere of Earth, CBU, Growth, SIDF, MISA, Arms industry, Management, King Abdullah Economic City, KAEC, Kingdom

Lucid Group commences assembly of Lucid Airs in its new Advanced Manufacturing Plant, AMP-2, its first international manufacturing facility, strategically located in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia.

Key Points: 
  • Lucid Group commences assembly of Lucid Airs in its new Advanced Manufacturing Plant, AMP-2, its first international manufacturing facility, strategically located in King Abdullah Economic City (KAEC), Jeddah, Saudi Arabia.
  • KING ABDULLAH ECONOMIC CITY, Saudi Arabia, Sept. 27, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for the luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, has officially opened the first-ever car manufacturing facility in Saudi Arabia.
  • As Lucid's second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid's groundbreaking electric vehicles for Saudi Arabia and export to other markets.
  • "We are delighted to make history today in Saudi Arabia by opening the country's first car manufacturing facility, which will produce our award-winning electric vehicles and support the country's vision for a more sustainable and diversified economy," said Peter Rawlinson, CEO and CTO, Lucid Group.

Credit Disbursed from Singapore Auto Finance Industry is expected to witness a CAGR of 8.9% during 2020-2025: Ken Research

Retrieved on: 
Monday, October 11, 2021
Market, Income, Saudi, Non-bank financial institution, CAGR, Non-bank subsidiary, Toyota Financial Services, Credit union, Growth, GDP, Public sector banks in India, Adoption, Type, Catalysis, Captives, Knowledge, Awareness, Government, Overalls, Research, Bank, Insurance

The Auto Finance Market in Philippines is fairly new and has not been able to penetrate the country.

Key Points: 
  • The Auto Finance Market in Philippines is fairly new and has not been able to penetrate the country.
  • The only captive finance working in the country is Toyota Financial Services Philippines and other than that there is a lack of Captive finance institutions.
  • Philippines auto finance market size in terms of auto loan outstanding increased with a double digit CAGR during the same period.
  • Thailand's auto finance market size in terms of the auto loan outstanding increased during 2014-2019P thus, registering a positive CAGR during the same period.

Credit Disbursed from Singapore Auto Finance Industry is expected to witness a CAGR of 8.9% during 2020-2025: Ken Research

Retrieved on: 
Monday, October 11, 2021
Market, Income, Saudi, Non-bank financial institution, CAGR, Non-bank subsidiary, Toyota Financial Services, Credit union, Growth, GDP, Public sector banks in India, Adoption, Type, Catalysis, Captives, Knowledge, Awareness, Government, Overalls, Research, Bank, Insurance

The Auto Finance Market in Philippines is fairly new and has not been able to penetrate the country.

Key Points: 
  • The Auto Finance Market in Philippines is fairly new and has not been able to penetrate the country.
  • The only captive finance working in the country is Toyota Financial Services Philippines and other than that there is a lack of Captive finance institutions.
  • Philippines auto finance market size in terms of auto loan outstanding increased with a double digit CAGR during the same period.
  • Thailand's auto finance market size in terms of the auto loan outstanding increased during 2014-2019P thus, registering a positive CAGR during the same period.

Saudi Arabia Dietary Supplements Markets, Competition, Forecast & Opportunities, 2026: Focus on Combination Dietary Supplement, Vitamin, Herbal Supplement - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 4, 2021
Fitness & Nutrition, Health, Countries, Western Asia, Dietary Supplements, Asia, Saudi Arabia, Saudi, Amway

The Saudi Arabia Dietary Supplements Market is expected to reach USD 366.94 million by 2026, growing at CAGR of 8.04% until 2026.

Key Points: 
  • The Saudi Arabia Dietary Supplements Market is expected to reach USD 366.94 million by 2026, growing at CAGR of 8.04% until 2026.
  • Rising millennial working population, increasing disposable income, rising health expenditure and changing lifestyle are the major drivers for the growth of the Saudi Arabia Dietary Supplements Market.
  • In terms of product type, the Saudi Arabia Dietary Supplements Market is segmented into combination dietary supplement, vitamin, herbal supplement, fish oil & omega fatty acid, protein and others.
  • Some of the major players operating in the Saudi Arabia Dietary Supplements Market are Bayer Saudi Arabia, LLC, Amway Corp., Herbalife Nutrition Ltd., Abbott Saudi Arabia Trading LLC., Pfizer Saudi Limited, etc.

The First Biblical Epic Feature Film Shot in Israel and Saudi Arabia at the Real Mount Sinai

Retrieved on: 
Tuesday, June 29, 2021
Western Asia, Regions, Geography of Asia, Book of Exodus, Moses, Mount Sinai, Sinai Peninsula, Saudi Arabia, Saudi, Arabian Peninsula, Outline of Saudi Arabia

It is the first Christian film with an entirely Israeli cast and crew, shot exclusively in Israel and Saudi Arabia.

Key Points: 
  • It is the first Christian film with an entirely Israeli cast and crew, shot exclusively in Israel and Saudi Arabia.
  • The crew was the first group to enter Saudi Arabia weeks after the Saudis opened the country in 2019 to international tourism for the first time in history.
  • Much of the stunning footage was captured around Jebel al-Lawz, the mountain in northwest Saudi Arabia believed by many to be the real Mount Sinai.
  • The cinematography, music, costumes, make-up, set design, and authentic locations set BALLADS OF THE EXODUS apart as the most unique Biblical film ever produced.

Building a Digital Oasis for Saudi Arabia

Retrieved on: 
Monday, November 30, 2020
Western Asia, Geography of Asia, Countries, Saudi Arabia, Saudi

Driven by this national strategy, Dawiyat- a wholly-owned subsidiary of the Saudi Electricity Company- proposed a policy of accelerated strategic transformation.

Key Points: 
  • Driven by this national strategy, Dawiyat- a wholly-owned subsidiary of the Saudi Electricity Company- proposed a policy of accelerated strategic transformation.
  • It has passed a -20C to +55C extreme working conditions test, proving that it is fully capable of adapting to the high temperature environment of Saudi Arabia.
  • Cooperating with Dawiyat, Huawei has helped Saudi Arabia build a digital oasis base, winning recognition from the customer.
  • With the development of Information and Communications Technology (ICT) in Saudi Arabia, the demands on Huawei will be increasingly more stringent.

Facility Management Services in Saudi Arabia to Cross $76,244.9 Million Revenue by 2030: P&S Intelligence

Retrieved on: 
Thursday, October 1, 2020
Western Asia, Geography of Asia, Countries, Saudi Arabia, Saudi

The Saudi Arabia facility management market faced some hurdles in the wake of COVID-19, as most commercial settings, such as malls, hotels, theaters, and recreational centers, were closed.

Key Points: 
  • The Saudi Arabia facility management market faced some hurdles in the wake of COVID-19, as most commercial settings, such as malls, hotels, theaters, and recreational centers, were closed.
  • The outsourced bifurcation, on the basis of mode, is projected to experience the higher CAGR in the Saudi Arabia facility management market, of 9.9%, in the immediate future.
  • Companies in the Saudi Arabia facility management market are extensively pursuing service contracts, in order to increase their revenue.
  • For instance, in March 2018, the contract awarded to Musanadah Facilities Management Co. Ltd. by Honeywell International, for facility management services at the latter's Saudi offices, was renewed.

Facility Management Services in Saudi Arabia to Cross $76,244.9 Million Revenue by 2030: P&S Intelligence

Retrieved on: 
Thursday, October 1, 2020
Western Asia, Geography of Asia, Countries, Saudi Arabia, Saudi

The Saudi Arabia facility management market faced some hurdles in the wake of COVID-19, as most commercial settings, such as malls, hotels, theaters, and recreational centers, were closed.

Key Points: 
  • The Saudi Arabia facility management market faced some hurdles in the wake of COVID-19, as most commercial settings, such as malls, hotels, theaters, and recreational centers, were closed.
  • The outsourced bifurcation, on the basis of mode, is projected to experience the higher CAGR in the Saudi Arabia facility management market, of 9.9%, in the immediate future.
  • Companies in the Saudi Arabia facility management market are extensively pursuing service contracts, in order to increase their revenue.
  • For instance, in March 2018, the contract awarded to Musanadah Facilities Management Co. Ltd. by Honeywell International, for facility management services at the latter's Saudi offices, was renewed.

US-based IPIC Theaters Receives License to Engage in Cinema Venue Operation in the Kingdom of Saudi Arabia

Retrieved on: 
Monday, July 27, 2020
Western Asia, Geography of Asia, Countries, Saudi Arabia, Saudi, IPIC

BOCA RATON, Florida, July 27, 2020 /PRNewswire/ -- Due to its unique offering, IPIC Theaters has been awarded the first 100% foreign owned license.

Key Points: 
  • BOCA RATON, Florida, July 27, 2020 /PRNewswire/ -- Due to its unique offering, IPIC Theaters has been awarded the first 100% foreign owned license.
  • IPIC Theaters, under it's subsidiary IPIC Saudi, LLC., is keen to identify and work with appropriate partners in Saudi Arabia.
  • As such, it will continue to meet with potential partners to manage and operate theaters in Saudi Arabia.
  • Prior to the emergence of COVID-19 and the closing of theaters, average attendance at cinemas in Saudi Arabia was considerably higher than any other market.