PIF launches new company to promote Saudi Arabia as a global Halal hub
The Public Investment Fund (PIF) launched on Monday the Halal Products Development Company (HPDC), which will invest in localizing the Halal production industry in Saudi Arabia by increasing the efficiency of the ecosystem locally, while supporting the development of knowledge and innovation in this key industry, with plans to export to different markets […]
Lucid promotes Sultan to VP and MD of Lucid Middle East
Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, has promoted Faisal Sultan to Vice President and Managing Director of Lucid Middle East. He will report directly to Peter Rawlinson, Lucid’s CEO and CTO. Sultan joined Lucid in 2019 and has since spearheaded major initiatives […]
Saudi’s TRSDC becomes Red Sea Global with world-wide ambition
The developer behind two of the world’s most ambitious regenerative tourism projects – The Red Sea and Amaala — has confirmed its transformation into Red Sea Global (RSG) on the sidelines of the sixth Future Investment Initiative in Riyadh. The developer, formerly known as The Red Sea Development Company (TRSDC), aims to set […]