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Middle East weekly: Li Auto expands UAE, Saudi footprint; UAE launches industrial fund; Qatar rolls out business measures; and more
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Middle East weekly: Li Auto expands UAE, Saudi footprint; UAE launches industrial fund; Qatar rolls out business measures; and more
China companies expand in the Middle East SAIC-GM-Wuling partners UMG to target Saudi market On April 26, SAIC-GM-Wuling signed a cooperation agreement with United Motors Group (UMG) of Saudi Arabia, marking its official entry into the Saudi market. As the largest automotive market in the Middle East, Saudi Arabia is undergoing an economic diversification drive under Vision 2030, with demand for cost-effective new energy vehicles said to be grow…
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