Saudi Arabia

Saudi Arabia Signs Partnership to Develop Investment in the Automotive Industry

Saudi Arabia Signs Partnership to Develop Investment in the Automotive Industry

The Saudi Ministry of Investment signed a memorandum of understanding today, Tuesday, with Regal Capital and Clevon Tech to develop investment in the automotive industry and autonomous vehicle technology. The ministry stated via its official Twitter account that "the memorandum represents an important step and a turning point in shaping the future of innovation in the Kingdom."

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