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Search resuls for: "Saudi Arabia's Jeddah"


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Lucid opens first international EV factory in Saudi Arabia
  + stars: | 2023-09-27 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 27 (Reuters) - Electric-vehicle maker Lucid Group (LCID.O) said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia's Jeddah city, under a deal designed to further the Middle Eastern country's electrification push. Lucid announced plans for the Jeddah factory last year and said the kingdom had signed an agreement to buy up to 100,000 vehicles from the company over 10 years. In 2022, the kingdom launched its first EV brand Ceer and announced $6 billion in investments for a steel plate mill complex and an EV battery metals plant. Industry leader Tesla (TSLA.O) is also reportedly in early discussions to set up a manufacturing plant in Saudi Arabia. Lucid's other manufacturing plant is in Arizona, United States.
Persons: Andrew Kelly, Lucid, Tesla, Yuvraj Malik, Devika Organizations: Nasdaq, Lucid Motors, Churchill Capital Corp, REUTERS, Industry, King Abdullah Economic City, Saudi's Public Investment Fund, EV, Thomson Locations: New York City , New York, U.S, Saudi Arabia's Jeddah, Jeddah, China, United States, Saudi Arabia, King Abdullah, Arizona, Bengaluru
July 15 (Reuters) - Sudanese representatives have arrived in Saudi Arabia's Jeddah to resume talks with the paramilitary Rapid Support Forces (RSF), Sudanese government sources told Reuters on Saturday, after three months of fighting between the army and RSF. Previous talks in Jeddah facilitated by Saudi Arabia and the United States were suspended by both countries in early June after numerous ceasefire violations. Saudi Arabia and the U.S. have yet to confirm the resumption of talks between Sudan's warring factions. Separately, a mediation attempt launched by Egypt began on Thursday, an effort welcomed both by the Sudanese army, which has close ties to Egypt, and the RSF. A series of ceasefires have failed to halt the fighting which broke out on April 15 as the army and RSF vied for power.
Persons: RSF, Khalid Abdelaziz, Muhammad Al Gebaly, Hatem Maher, Frnces Kerry, David Holmes Organizations: Rapid Support Forces, Reuters, U.S, Thomson Locations: Saudi, Jeddah, Saudi Arabia, United States, Egypt, Sudanese, Omdurman
Muslim group says measures needed to prevent Koran desecration
  + stars: | 2023-07-02 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Thaier Al-SudaniCAIRO, July 2 (Reuters) - An Islamic grouping of 57 states said on Sunday collective measures are needed to prevent acts of desecration to the Koran and international law should be used to stop religious hatred after the holy book was burned in a protest in Sweden. A man tore up and burned a Koran outside Stockholm's central mosque on Wednesday, the first day of the Muslim Eid al-Adha holidays. But after the burning, police charged the man who carried it out with agitation against an ethnic or national group. The incident has triggered large protests in Baghdad in front of the Swedish Embassy. Turkey in late January suspended talks with Sweden on its NATO application after a Danish far-right politician burned a copy of the Koran near the Turkish embassy in Stockholm.
Persons: Thaier, Sudani, Hissein Brahim Taha, Omar Abdel Razek, Adam Makary, Lisa Barrington, David Goodman, Alison Williams Organizations: REUTERS, of Islamic Cooperation, NATO, Swedish Embassy, Thomson Locations: Swedish, Stockholm, Baghdad, Iraq, Sudani CAIRO, Sweden, Saudi Arabia's Jeddah, Turkey, United States, Danish, Turkish
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