Maadaniyah signs MoU to set up car manufacturing firm

25/01/2017 Argaam

National Metal Manufacturing and Casting Company (Maadaniyah) inked on Wednesday a memorandum of understanding (MoU) with Saudi National Automobile Manufacturing Co. (SNAM) to establish a new firm for manufacturing cars in the kingdom.

 

The one-year agreement is effective from today.

 

Maadniyah added that related developments will be revealed later on. 

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