Latest News for: Electricity saudi

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American carmaker Canoo ties up with GCC Olayan to supply EVs in Saudi Arabia  

Arab News 30 Jan 2023
American electric vehicle startup Canoo signed an agreement with Saudi Arabia’s General Contracting Co ... This collaboration falls in line with Saudi Arabia’s Vision 2030 strategy to adopt electric vehicles and sustainable mobility solutions ... Saudi Vision 2030’s sustainability goals.
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Saudi Arabia could buy Israeli gas from Egypt

Globes 30 Jan 2023
The Saudis are an energy powerhouse, but mainly of oil. However, in order to realize the vision of Crown Prince Mohammed bin Salman, which includes the establishment of the innovative city of Neom and tourism projects along the Red Sea coast and the Gulf of Eilat, the Saudis need a large-scale supply of electricity.
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Saudi-Israeli Economic Cooperation in the Pipeline

Hamodia 30 Jan 2023
YERUSHALAYIM — Normalization with Saudi Arabia still lies in the unforeseeable future, but economic cooperation is already in the pipeline, Globes reported on Monday ... The enormous supply of electricity required by such projects has made the Saudis receptive to a deal with Egypt and Israel.
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WATCH: Porsche's Pascal Wehrlein takes the Formula E lead in nail-biting Saudi race

Independent online (SA) 30 Jan 2023
Diriyah, Saudi Arabia - Porsche's Pascal Wehrlein won his second Formula E race in two days in Saudi Arabia to take the lead in the electric world championship on Saturday ... Thomas Laudenbach, Vice President of Porsche Motorsport, described the Saudi Arabia victory as a massive team effort.
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Prince Khaled bin Sultan Al-Faisal outlines 20-year program to build ‘new ecosystem’ for Saudi motorsports

Arab News 29 Jan 2023
The 20-year program aims to propel the Kingdom’s motorsports sector by training and equipping a new generation of Saudi youths to become leaders in the industry ... He also highlighted that the federation launched the Saudi star program last year using electric cars, attracting many children from the ages of five to 12 years.
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Wehrlein ahead

Gulf Daily News 29 Jan 2023
... Saudi Arabia to take the lead in the electric world championship yesterday.
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Lucid spikes 98% on speculation Saudi investment fund may buy out remaining stake in the ...

Yahoo Daily News 28 Jan 2023
Lucid stock skyrocketed on Friday on speculation that Saudi Arabia's Public Investment Fund would buy out the remaining stake ... Lucid stock skyrocketed on Friday on speculation that Saudi Arabia's Public Investment Fund may buy out the remaining stake of the electric vehicle maker.
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India and Gulf eye common power grid, boosting connectivity

The Siasat Daily 28 Jan 2023
Saudi Arabia, Iraq sign electric power grids deal. The move to connect the power grids that will facilitate all six member states of the GCC comprising Saudi Arabia, UAE, Bahrain, Kuwait, Oman, and Qatar, to get connected to India and thereby also boost interdependence.
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Winnie Harlow cuts an edgy figure in an all-purple ensemble as she steps out at ...

The Daily Mail 28 Jan 2023
Winnie Harlow cut an edgy figure as she attended the ABB FIA Formula E World Championship in Diriyah, Saudi Arabia on Friday ... Winnie Harlow cut an edgy figure as she attended the ABB FIA Formula E World Championship in Diriyah, Saudi Arabia on Friday ... 'Formula E are leading the world in electric car innovation.
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Tesla rival Lucid's stock soared 43% on rumors of a Saudi takeover

Business Journal 28 Jan 2023
The Newark company's shares saw their biggest one day gain on record based on a rumor that Saudi Arabia's Public Investment Fund (PIF) wants to buy out the electric vehicle maker ... .
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Tesla rival Lucid's stock soars 43% on rumors of Saudi takeover

Business Journal 28 Jan 2023
The California company's shares saw their biggest one day gain on record based on a rumor that Saudi Arabia's Public Investment Fund wants to buy out the electric vehicle maker that has its manufacturing plant in Arizona ... .
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Motor racing-Wehrlein takes the Formula E lead with a double in Diriyah

The Star 28 Jan 2023
(Reuters) - Porsche's Pascal Wehrlein won his second Formula E race in two days in Saudi Arabia to take the lead in the electric world championship on Saturday. Read full story ... .
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Middle East businesses have to script a full-on ESG strategy - there is not much time left to get on it

Gulf News 28 Jan 2023
Saudi Arabia plans to increase renewable energy production to 50 per cent of its grid needs by 2030. The world’s biggest oil producer, Aramco ... And Kuwait outlined its plans to commit to carbon neutrality by 2050. Egypt’s plans include a $11 billion wind farm to provide electricity to Saudi Arabia and other countries ... George Kotsolios ... .
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Wehrlein takes the Formula E lead with a double in Diriyah

Reuters 28 Jan 2023
Jan 28 (Reuters) - Porsche's Pascal Wehrlein won his second Formula E race in two days in Saudi Arabia to take the lead in the electric world championship on Saturday ... Rene Rast took third, after fending off Jaguar's Sam Bird in the late stages, to put newcomers NEOM McLaren on the podium for the first time ... Our Standards ... Read Next. Gallery.
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EV maker Lucid surges on report Saudi PIF to buy remaining stake

Reuters 28 Jan 2023
Jan 27 (Reuters) - Lucid Group's (LCID.O) shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia's Public Investment Fund (PIF) wanted to buy out the electric vehicle maker ... Lucid was the sixth-most traded stock on U.S. exchanges and third top mover on the Nasdaq mid-afternoon ... Our Standards ... ....

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