Saudi Wealth Fund, Hyundai Motors Agree to Build Auto Plant

Hyundai Motor Co. has agreed to a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker Lucid Motors Inc. in producing cars in the oil-rich kingdom.

Saudi Wealth Fund, Hyundai Motor Agree to Build Auto Plant

Hyundai Motor Co. has agreed to a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker Lucid Motors Inc. in producing cars in the oil-rich kingdom.

Israel Latest: US Orders Non-Emergency Staff to Leave Iraq

A second convoy of trucks carrying aid to Palestinians in the Gaza Strip crossed through the Rafah border point on Sunday, even as Israel stepped up airstrikes on Gaza, including one it said killed the deputy head of the Hamas regional artillery array. A hospital in Gaza said it had received 170 bodies of Palestinians killed in the latest round of strikes.