OSP Signs MoU with Hyundai Motor Company to Advance Technological Innovation in Sustainable Mobility

The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)
The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)
TT

OSP Signs MoU with Hyundai Motor Company to Advance Technological Innovation in Sustainable Mobility

The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)
The signing of an MoU between the Oil Sustainability Program (OSP) and Hyundai Motor Company (SPA)

OSP (Oil Sustainability Program) signed a Memorandum of Understanding (MoU) with Hyundai Motor Company in Seoul, South Korea, marking a significant step towards strengthening innovation in the transportation sector and promoting the adoption of advanced, environmentally friendly technological mobility solutions. 

The MoU outlines the development of advanced automotive technologies, including enhancements to hybrid powertrain systems, internal combustion engine (ICE) technologies, and emission aftertreatment systems (EAS), with the aim of improving fuel efficiency and reducing emissions. The MoU also includes supporting innovations that enable the building of a sustainable mobility ecosystem that contributes to quality of life. 

The collaboration supports the Kingdom of Saudi Arabia’s broader environmental vision through the deployment of advanced technologies and innovations in the transportation sector, while advocating for effective practices across different mobility solutions to help reach net zero ambitions. It also reflects the shared commitment of both countries to push boundaries of innovation and advance more efficient and sustainable mobility solutions. 



Saudi Ministry of Industry Launches Women in Mining Non-Profit Association

Saudi Ministry of Industry Launches Women in Mining Non-Profit Association
TT

Saudi Ministry of Industry Launches Women in Mining Non-Profit Association

Saudi Ministry of Industry Launches Women in Mining Non-Profit Association

The Saudi Ministry of Industry and Mineral Resources announced on Tuesday the launch of the Women in Mining Association, a newly established non-profit organization dedicated to empowering Saudi women in the mining sector and enhancing their contribution to the sector’s ongoing transformation.

The initiative reflects the ministry’s commitment to fostering the growth of non-profit organizations within the industrial and mining sectors, in recognition of their vital role supporting the Kingdom’s economic and social development.

The association will develop women’s capabilities and equip them with advanced, sector-aligned skills. It aims to create a more diverse and inclusive work environment while enabling women to take on active roles in the sector’s growth.

In addition to workforce development, the association will support women-led entrepreneurial and innovative projects in mining by offering financial and technical assistance. It will also promote innovative solutions that can drive further advancement and sustainability in the sector.

The launch of this association is part of a broader effort to align with the goals of Saudi Vision 2030, particularly those related to economic diversification, women’s empowerment, and strengthening national capabilities across all sectors.