Seoul, Hyundai Motor Group said Tuesday it has signed an initial pact with a Saudi Arabian foundation for cooperation in a smart city project. The South Korean automotive group and Misk Foundation signed a memorandum of understanding (MoU) for a partnership in a Saudi Arabian smart city project and to help develop education programmes for local youths, the company said in a statement, Yonhap News Agency reported. Under the MoU, Hyundai and the Misk Foundation plan to closely cooperate to explore business opportunities in Mohammed Bin Salman Nonprofit City which is currently under construction in Riyadh, the statement said. Source: Bahrain News Agency
Related Posts
Doha Bank’s Net Profit for 2024’s Q1 Ups to QR 231,3 Million
Doha: Doha Bank Q.P.S.C announced Sunday its Net Profit for the first quarter of 2024 was QR 231,319,000 versus QR 208,634,000 for the same period of the previous year.
The Bank’s financial statement on the Qatar Stock Exchange (QSE) website said the…
Mozambican Business Delegation Explores Cooperation Opportunities with Qatari Counterparts
Doha: A delegation of businesspersons from Mozambique visited the Qatar Polymer factory in the industrial area, observed its production processes, and discussed potential cooperation opportunities with the Qatari side.
Established in 1999, Qatar Poly…
Gold Price in Qatari Market Rises by 0.027% During Current Week
Doha: The price of gold in the Qatari market rose by 0.027 percent during the current week, reaching USD 2,723.37500 per ounce, according to data issued by Qatar National Bank (QNB).
The data showed that the price of gold rose from USD 2,722.62280 pe…