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03 Jan
09:42

Hyundai mulls car manufaturing in Saudi Arabia

Saudi Arabia's Ministry of Industry and Mineral Resources has signed a memorandum of understanding with South Korea's Hyundai Motor Company to advance the automotive industry in the country to enhance its non-oil economy and local manufacturing. The agreement came about a month and a half after Crown Prince Mohammed bin Salman visited South Korea in mid-November following the G-20 Heads of State and Government Summit in Bali, Indonesia, Kalla…
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