MODON signs MoU to enable SMEs within industrial cities in Jazan

Eng. Khalid bin Mohammed Al-Salem, director general of MODON, and Aisha bint Mohammed Al-Shabaili, founder of the Saudi Women’s Innovation Foundation, sign the MoU.
Updated 31 December 2017
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MODON signs MoU to enable SMEs within industrial cities in Jazan

The Saudi Industrial Property Authority “MODON” signed at its headquarters in Riyadh a memorandum of understanding (MoU) with the Saudi Women's Innovation Foundation to work on the development of industry and industrialists in Jazan and enable small and medium enterprises to start their investments within industrial cities in the region.
The memorandum, signed by Eng. Khalid bin Mohammed Al-Salem, director general of MODON, and Aisha bint Mohammed Al-Shabaili, founder of the Saudi Women's Innovation Foundation, states that MODON will seek to find a suitable location for the center in the industrial city of Jazan and commits to equip it with all the necessary equipment, as well as train and rehabilitate those enrolled in the center.
Al-Salem said that MODON’s signing of this memorandum is part of its system to develop and improve performance in its industrial cities and to make model cities that meet the highest standards in the level of services provided to industrialists and investors, stressing MODON’s determination to move ahead with initiatives through ambitious goals to deal with the challenges ahead and expand the delivery of services and facilities within its industrial cities.
The director general of MODON pointed out that this project would support industrialization, push it toward overall quality, and make it a priority for future development in the Jazan region, which will provide an opportunity for young Saudi men and women to make their way to the future.
The project aims to create women's employment opportunities in the field of knitting, mattresses and household furniture for people with limited income through free training, thereby benefiting the families of the martyrs, orphanages and prisoners. The center will also serve more than 18 governorates in the Jazan region and will include training of 150 young Saudi men and women annually and qualify them with advanced qualification, ending in recruitment.
MODON signed this memorandum as part of its initiatives to promote the industrial system, investment climate, community service programs, and support small enterprises and social responsibility initiatives.


Genesis G70 arrives in the Middle East

Updated 19 April 2018
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Genesis G70 arrives in the Middle East

Genesis has officially launched its compact G70 luxury sedan in Middle East markets, completing the brand’s core sedan lineup. Engineered as a dynamic car with strong appeal to younger customers and more enthusiastic drivers, the G70 joins the flagship G90 large sedan and mid-sized G80 and G80 Sport.

“Genesis has been very well received in the Middle East, and the Genesis G70 will be an exciting new chapter in our story,” said Altar Yilmaz, Genesis general manager for the Africa and Middle East region. “For many of our potential customers, this is the Genesis they have been waiting for.”

The arrival of the Genesis G70 in showrooms follows a previous display presentation at the Dubai International Motor Show in November 2017, where Genesis fielded a large number of inquiries about the car. With larger G80 and G90 models already growing a strong base of loyal customers, it is expected the compact model will add significantly to the brand’s appeal in the competitive Middle East luxury car market.

The G70 showcases the future direction of the Genesis brand’s “Athletic Elegance” design identity. 

“The G70’s interior is configured to prioritize an excellent user experience, with superb fit and finish throughout. The interior packaging reflects simplicity, with an emphasis on genuine functionality instead of gimmickry. A horizontal layout brings a sense of stability, with an intuitively laid-out switchgear and a comfortable, assertive sport steering wheel,” the carmaker said.

The G70 offers two powertrains in the Middle East region — a 3.3-liter V6 petrol turbo and 2.0-liter I4 petrol turbo.  The Lambda II 3.3-liter V6 turbo GDI engine is the heart of the enthusiast-focused G70 Sport, with 370 ps and maximum torque of 52.0 kg.m (510 N.m) 0 to 100 km/h acceleration in 4.7 seconds, and a top speed of 270 km/h.