AIRLINK 172.90 Decreased By ▼ -2.83 (-1.61%)
BOP 13.23 Increased By ▲ 0.11 (0.84%)
CNERGY 7.43 Decreased By ▼ -0.11 (-1.46%)
FCCL 43.50 Decreased By ▼ -0.41 (-0.93%)
FFL 14.91 Decreased By ▼ -0.10 (-0.67%)
FLYNG 26.50 Decreased By ▼ -0.40 (-1.49%)
HUBC 129.31 Decreased By ▼ -0.92 (-0.71%)
HUMNL 13.35 Increased By ▲ 0.01 (0.07%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 6.00 Decreased By ▼ -0.06 (-0.99%)
MLCF 55.58 Decreased By ▼ -0.45 (-0.8%)
OGDC 213.25 Decreased By ▼ -1.52 (-0.71%)
PACE 5.89 Decreased By ▼ -0.09 (-1.51%)
PAEL 41.19 Increased By ▲ 0.29 (0.71%)
PIAHCLA 16.62 Increased By ▲ 0.30 (1.84%)
PIBTL 9.58 Decreased By ▼ -0.17 (-1.74%)
POWER 11.54 Decreased By ▼ -0.22 (-1.87%)
PPL 179.00 Decreased By ▼ -2.48 (-1.37%)
PRL 33.81 Decreased By ▼ -0.41 (-1.2%)
PTC 22.87 Decreased By ▼ -0.19 (-0.82%)
SEARL 94.20 Decreased By ▼ -1.52 (-1.59%)
SILK 1.17 Increased By ▲ 0.03 (2.63%)
SSGC 35.10 Decreased By ▼ -0.35 (-0.99%)
SYM 15.73 Decreased By ▼ -0.02 (-0.13%)
TELE 7.82 Decreased By ▼ -0.05 (-0.64%)
TPLP 10.83 Decreased By ▼ -0.15 (-1.37%)
TRG 60.85 Increased By ▲ 0.35 (0.58%)
WAVESAPP 10.69 Decreased By ▼ -0.12 (-1.11%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.80 Increased By ▲ 0.03 (0.8%)
BR100 12,052 Decreased By -1.3 (-0.01%)
BR30 36,449 Decreased By -17.8 (-0.05%)
KSE100 113,944 Decreased By -412.5 (-0.36%)
KSE30 35,132 Decreased By -215.3 (-0.61%)

CAIRO: Saudi Arabia’s crown prince Mohammed bin Salman has launched Ceer, the first Saudi electric vehicle brand, expected to be available in 2025, the state news agency (SPA) reported on Thursday.

Ceer will attract over $150 million of foreign direct investment and is projected to directly contribute $8 billion to the kingdom’s GDP by 2034, SPA added.

The company is a joint venture between Saudi Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), SPA said.

EU pushes US over electric car credits

Comments

Comments are closed.