Nissan Says Saudi Vision 2030 Aligns with its Vision on Electric Mobility

The Japanese national flag and Nissan Motor Corporation's flag fly at the entrance of the company's global headquarters in Yokohama, Kanagawa Prefecture on July 30, 2025. (Photo by Kazuhiro NOGI / AFP)
The Japanese national flag and Nissan Motor Corporation's flag fly at the entrance of the company's global headquarters in Yokohama, Kanagawa Prefecture on July 30, 2025. (Photo by Kazuhiro NOGI / AFP)
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Nissan Says Saudi Vision 2030 Aligns with its Vision on Electric Mobility

The Japanese national flag and Nissan Motor Corporation's flag fly at the entrance of the company's global headquarters in Yokohama, Kanagawa Prefecture on July 30, 2025. (Photo by Kazuhiro NOGI / AFP)
The Japanese national flag and Nissan Motor Corporation's flag fly at the entrance of the company's global headquarters in Yokohama, Kanagawa Prefecture on July 30, 2025. (Photo by Kazuhiro NOGI / AFP)

Nissan’s Global Chief Performance Officer Guillaume Cartier has stressed that the Gulf region, Saudi Arabia in particular, has a strategic importance that goes beyond being just a sales market.

For the company, the region serves as an “exceptional testing environment” for its technologies, thanks to the harsh climate conditions and unique driving patterns that present global-level challenges, said Cartier, who is also Chairperson for Nissan’s Africa, Middle East, India, Europe and Oceania (AMIEO) region.

In remarks to Asharq Al-Awsat, Cartier said that high temperatures, high-speed driving, and long distances in the Gulf require specific modifications to Nissan vehicles.

He stressed that the company makes critical adjustments to engines and cooling systems to suit this environment, giving it a competitive advantage and paving way for ongoing product development.

Cartier pointed out that while the market size in GCC states may not be the largest globally in terms of vehicle numbers, it holds strategic importance, particularly for Nissan.

The Gulf region is an exceptional testing environment for Nissan’s technologies, he told the newspaper, stating that the harsh weather and demanding driving requirements make it a real-world lab for product development.

Alignment with Saudi Vision 2030

Regarding how Nissan’s vision aligns with Saudi Vision 2030, especially in the areas of sustainability and electric mobility, Cartier said the Kingdom is moving forward with clear and rapid steps toward the future.

Saudi Arabia’s goals in sustainability and electric mobility perfectly align with Nissan’s strategy to achieve carbon neutrality, he said.

He added that Nissan sees great similarity between its ambitions and those of Saudi Arabia and Gulf countries.

Success of Formula E
Cartier pointed out that this year’s Formula E season has been one of the company’s most successful seasons, thanks to a long-term strategic investment in the third generation of electric race cars.

He stated that Nissan is not only participating in the races, but also manufactures its own race cars, in addition to producing cars for other teams, such as McLaren.

The success was the result of strategic decisions made years ago, including the consolidation of engineering teams at a single location, the selection of the right driver, such as Oliver Rowland, and the precise execution by the team led by Tommaso Volpe.

A Lab for the Road
Cartier explained that Nissan views Formula E as a real testing ground for technologies that can later be introduced to commercial vehicles.

He also stressed that electric motorsports perfectly align with Nissan’s strategy of transitioning to electric mobility, particularly with models like LEAF, Micra, and Ariya.

A Partnership for the Future

Regarding partnerships, Cartier noted that Nissan’s relationship with Saudi company Petromin began with sponsoring a local race in Jeddah, but evolved into a global partnership.

Petromin expanded its partnership with the company to become a global sponsor of Nissan in Formula E, he said.

He added that this is not just about race sponsorship, but a long-term strategic vision.



Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
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Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)

Türkiye Petrolleri (TPAO) has signed a partnership agreement with Shell to carry out exploration work in Bulgaria's maritime zone, the Turkish energy ministry and British oil major said on Wednesday.

European Union member Bulgaria, which had been totally dependent on Russian gas until 2022, has been seeking to diversify its gas supplies and find cheaper sources, Reuters reported.

TPAO and Shell will jointly explore the Khan Tervel block, located near Türkiye's Sakarya gas field, and will hold a five-year licence in Bulgaria's exclusive economic zone, Minister Alparslan Bayraktar said.

Shell will continue as operator of the block, while TPAO will take a 33% interest in the licence, a Shell spokesperson said.

Since the start of this year, TPAO has signed energy cooperation agreements with ExxonMobil, Chevron and BP for possible exploration work in the Black Sea and the Mediterranean.

In April, Shell signed a contract with Bulgaria's government to allow the oil major to explore 4,000 square metres in the block.


Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
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Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA

Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner exclusively in the airline category.

As part of the partnership, Saudia will develop special travel packages designed to enable visitors to experience world-class attractions. The collaboration also brings the spirit of Six Flags and Aquarabia Qiddiya City to the skies through special aircraft branding across Saudia’s fleet, SPA reported. 

Chief Marketing Officer of Saudia Group Khaled Tash said in a press release: "Saudia is committed to supporting national development projects as part of its contribution to Vision 2030, aligned with our strategy to bring the world to the Kingdom. Partnerships of this scale with national partners play a key role in positioning Saudi Arabia as a leading global destination for entertainment and tourism."

Park President of Six Flags and Aquarabia Qiddiya City Brian Machamer added: "Our partnership with Saudia not only reflects a shared ambition to connect the Kingdom to the world through world-class entertainment experiences, but strengthens our ability to attract visitors from around the world and realize our vision of setting a new global benchmark for immersive, world-class theme park entertainment and reinforcing Saudi Arabia’s growing presence on the global tourism stage."

Six Flags Qiddiya City sets a new benchmark for exceptional entertainment regionally and globally. Spanning six iconic themed lands, the theme park takes visitors on an immersive journey across 28 rides and attractions designed to world-class standards. Beyond the scale and diversity of its offerings, Six Flags Qiddiya City stands out for pushing the boundaries of engineering and entertainment, featuring five exclusive, record-breaking rides that have redefined global benchmarks. Leading these innovations is Falcons Flight, the roller coaster that has captured global attention as the fastest, tallest, and longest in the world.

Aquarabia Qiddiya City delivers a distinctive aquatic entertainment experience, offering 22 rides and water attractions, along with a man-made river designed for both relaxation and family-friendly water fun. For guests seeking privacy and elevated comfort, Aquarabia features 91 luxury cabanas, positioning the destination as a fully integrated leisure offering that redefines water-based entertainment to the highest international standards.

Located in the Tuwaiq Mountains near Riyadh, Qiddiya City is an emerging destination bringing together entertainment, sports, and culture. Six Flags and Aquarabia Qiddiya City form part of its entertainment offering.


Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
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Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)

Moody’s Corporation announced that it has established its regional headquarters in Riyadh, reflecting ongoing commitment to support the development of the Kingdom’s capital markets and economy.

“This investment aligns to the Kingdom's Vision 2030 initiative and underscores its dynamism and growth,” Moody’s said in a statement this week.

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

“The headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision grade data, analytics and insights,” said the statement.

“Our decision to establish a regional headquarters in Riyadh reflects our confidence in Saudi Arabia’s strong economic momentum, as well as our commitment to helping domestic and international investors unlock opportunities with our expertise and insights,” said President and Chief Executive Officer of Moody’s Rob Fauber.

“We are well positioned to provide the analytical capabilities and market intelligence that investors and institutions need to navigate evolving markets across the Middle East,” the statement quoted him as saying.

Mahmoud Totonji will lead the regional headquarters as General Manager.