Search results for Vision 2030
Mobility
Saudi Arabia moves to build auto industry, unveils 1,111-hp Exobot EV
Saudi Arabia is moving to foster its auto industry through Ceer, its first domestic full-vehicle maker. Ceer unveiled two electric models, the Exobot sedan and SUV, positioning them as part of Vision 2030. The company plans to expand its lineup to seven models by 2030, including hybrids. It is focusing first on the GCC while developing vehicles for fast certification in Europe and North America. Ceer highlighted performance, digital features and local production plans near Jeddah.
AI & Enterprise
42Maru targets Saudi AI market through Kosmes support program
Agentic AI startup 42Maru said on Aug. 31 it will pursue entry into Saudi Arabia and the Middle East and North Africa market through a programme run by the Korea SMEs and Startups Agency. The initiative supports Korean SMEs in building local partnerships in fields such as AI. 42Maru plans to supply its LLM42 model and RAG42 solution via on-premise and private-cloud deployments and to combine agentic AI functions for document review and workflow automation.
AI & Enterprise
Baek Kyung-hoon discusses AI, digital cooperation with Saudi Arabia
Baek Kyung-hoon (배경훈), South Korea’s deputy prime minister and science and ICT minister, met Saudi Arabia’s Minister of Communications and Information Technology Abdullah bin Amer Al-Swaha on July 16 to discuss cooperation in AI and digital fields. They shared a vision to expand policy investment and support in AI. Talks also covered cooperation on a Korean-style full-stack AI model, public sector AI transition, and digital infrastructure including cloud and AI data centres.
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Industry
Solum wins Saudi EV charger manufacturing incentive approval, first for Korean company
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World News
Five largest IPOs revisited as SpaceX plans listing
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Industry
Solum enters Qatar electricity authority EV charger pilot project
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Industry
Nongshim targets overseas sales share of at least 60 percent by 2030
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Industry
Food industry enters AGM season as commercial act response and new growth drivers come into focus
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Industry
LS Group steps up new business push beyond power infrastructure into minerals
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Crypto
Gemini sees ADA as high as $45 by 2030, possible 16,881 percent rise
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Industry
Hanwha presents localisation model for Saudi Vision 2030 defense drive
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Crypto
Ripple to work with Saudi Riyad Bank on blockchain payments and asset management
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Industry
Rockwell Automation to supply MES to Lucid\'s Saudi EV plant
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Finance
MG Community Credit Cooperatives hold regional briefings to gather on-site feedback