by Asharq Al-Awsat English | Sep 5, 2017 | Business
Hyundai Motor Co said it had banned production at one of its factories in China Tuesday after a supplier refused to supply parts due to delays in payment. This is its second such incident in weeks. Hyundai has seen in China sales slump as a result of the diplomatic...
by Asharq Al-Awsat | Jul 6, 2017 | Business
Dammam- Saudi Aramco, Dussur and Hyundai said they had signed a memorandum of understanding to make engines and pumps in the kingdom. In a joint statement, the three companies said the MoU stipulates that the mentioned parties cooperate in establishing a joint project...
by Asharq Al-Awsat | Dec 15, 2013 | Business
Kuwait City, Reuters—Kuwait is set to secure 1.43 billion US dollars in financing from a consortium of banks for a power and desalination plant, one of the major projects in the Gulf Arab state’s development plan, National Bank of Kuwait (NBK) said. The Az-Zour...