Saudi investment ministry signs MoU with Rigel Capital and Clevon for automotive manufacturing development

Clevon AS

25/07/2023 12:23

DUBAI, July 25 (Reuters) - The Saudi ministry of
investment signed on Tuesday a memorandum of understanding (MoU)
with Rigel Capital Management and Clevon  CLEV.TL , setting the
stage for investment development in automotive manufacturing and
autonomous vehicle technology, the ministry posted on X, the new
name owner Elon Musk has given Twitter.

 (Reporting by Clauda Tanios)
 ((Clauda.Tanios@thomsonreuters.com;))