Saudi firm WAJA Co. forms joint venture to produce EVs in Egypt RIYADH: Saudi multi-sector firm WAJA Co., is set to establish a joint firm in Egypt to produce and manufacture electric vehicles, after signing a framework cooperation agreement. The deal, inked with the Egypt-based military organization Arab Organization for Industrialization, meets the needs of … Read more
PARIS: Companies in Europe and the United States are set to plow more money into bringing manufacturing home after the Covid-19 pandemic and Russian invasion of Ukraine disrupted the global economy, a study published Thursday found. The report by consulting firm Capgemini found that companies in 13 industrial sectors in 11 countries in Europe and … Read more
RIYADH: The Gulf real estate sector is set to witness growth in the first half of 2024, driven by increasing demand and supporting government policies, according to a report. The Kuwait Financial Centre, also known as Markaz, recently released a series of studies on real estate markets in Kuwait, Saudi Arabia, and the UAE. The … Read more