Ceer is projected to directly contribute US$8 billion to Saudi Arabia’s GDP by 2034. The company, which is a joint venture between PIF and Hon Hai Precision Industry Co. (“Foxconn”), will license ...

Ceer aims to add $8 billion to Saudi Arabia’s GDP by 2034 and boost non-oil GDP by $24 billion to $34.6 billion, according to DeLuca. The company also expects to attract $150 million in foreign ...

Obeikan Glass Company and Abdul Latif Jameel Enterprises (ALJ) for alloy wheels. Ceer’s localization efforts with Saudi suppliers also include supply agreements with Saudi Company for Controls and ...

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Since its inception, Ceer has recognized the importance of localization in creating a robust supplier ecosystem. The company has established partnerships with 263 local companies that have been ...

Since its inception, Ceer has recognised the importance of localisation in creating a robust supplier ecosystem. The company has established partnerships with 263 local companies that have been ...

Obeikan Glass Co. said its 60%-owned subsidiary, Saudi Aluminum Casting Foundry Co., signed a supply deal with Ceer National Automotive Co. The agreement has no fixed value and depends on purchase ...

The CEER index is a weighted average of bilateral exchange rates for the Canadian dollar against the currencies of Canada’s major trading partners. The Canadian Effective Exchange Rate index (CEER) ...