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Jeddah: Saudi Arabia’s growing automotive industry is set to attract up to 300 new factories supplying vehicle components, as major carmakers, including Ceer, Lucid, and Hyundai, set up plants in the ...

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 ...

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 ...

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 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 ...

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 ...

She has 15+ years of experience as a financial writer and technical analyst. mixetto / Getty Images A company's cold, hard numbers tell a different story than the one its CEO tells. It's an ...

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) ...

Top growth markets included India (+30%), Brazil (+22%) and Eastern Europe (+22%). The company has sold a cumulative 75 billion cans since Red Bull was introduced in 1987 with a marketing strategy ...

New Balance began in 1906 as a one-man operation manufacturing arch supports, and today exists as a global corporation, selling footwear and apparel in over 120 countries worldwide. It is a run ...