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Saudi PIF Backed Lucid Motors, Nuro, and Uber to Launch Next Generation Autonomous Robotaxi Program
The Suadi Boom
July 26, 2025
YOUR WEEKLY ROUNDUP
In case you missed this weeks latest developments in the growth of Saudi Arabia we’ve compiled the best articles for you.
In Today’s Edition:
Saudi PIF Backed Lucid Motors, Nuro, and Uber to Launch Next Generation Autonomous Robotaxi Program
Saudi Arabia Introduces New Rules for Fine Dining Restaurants
Bechtel Appointed as Project Management Consultant for Expo 2030 Riyadh, Saudi Arabia
Saudi Arabia’s PIF Launches Tasama, a Business Services Company
THE PIF
✨Saudi PIF Backed Lucid Motors, Nuro, and Uber to Launch Next Generation Autonomous Robotaxi Program
A significant partnership involving Saudi PIF-backed Lucid Motors, robotics firm Nuro, and ride-hailing giant Uber is set to launch a next-generation autonomous robotaxi program, aiming to transform urban mobility.
Key Takeaways:
The collaboration brings together Lucid Motors (backed by Saudi PIF), Nuro (robotics firm), and Uber (ride-hailing giant).
To launch an autonomous robotaxi program that will deploy at least 20,000 autonomous Lucid vehicles.
Nuro is leading the development of comprehensive safety protocols, including rigorous testing and simulations.
A groundbreaking partnership between Saudi PIF-backed Lucid Motors, Nuro, and Uber is set to revolutionize urban transport with the launch of a new autonomous robotaxi program. Read more
TRAVEL
✨Saudi Arabia Introduces New Rules for Fine Dining Restaurants
Saudi Arabia has introduced a new set of regulations for fine dining restaurants, aiming to elevate the luxury dining experience and attract further investment in the Kingdom's booming tourism and lifestyle sectors.
Key Takeaways:
New rules include compulsory full table service, valet parking, a strict dress code for diners, and a ban on drive-thru services.
Each fine dining brand is limited to one branch per city to maintain exclusivity.
Visible cashier counters are prohibited to ensure an immersive and refined dining environment.
Saudi Arabia is setting a new benchmark for its fine dining scene with comprehensive regulations designed to enhance the luxury experience and attract investment. Read more
ECONOMY
✨Bechtel Appointed as Project Management Consultant for Expo 2030 Riyadh, Saudi Arabia
Bechtel, a prominent US-based construction firm, has been appointed as the Project Management Consultant (PMC) for Expo 2030 Riyadh, a crucial role in overseeing the infrastructure development for this landmark event.
Key Takeaways:
Bechtel has been named the Project Management Consultant (PMC) for Expo 2030 Riyadh.
Bechtel will also help convert the Expo site into a sustainable urban area after the event, aligning with Saudi Arabia's sustainability goals.
The Expo is themed "Foresighted for Tomorrow," expected to host over 195 countries and attract 42 million visitors.
Bechtel's appointment as the Project Management Consultant for Expo 2030 Riyadh is a major step forward for Saudi Arabia's ambitious plans to host this global event. Read more
THE PIF
✨Saudi Arabia’s PIF Launches Tasama, a Business Services Company
Saudi Arabia's Public Investment Fund (PIF) has launched Tasama, a new business services company aimed at bolstering both public and private sectors and supporting the Kingdom's Vision 2030 goals for economic diversification.
Key Takeaways:
Tasama was created through the merger of the Business Incubation and Acceleration Company (BIAC) and the PIF's Shared Services Center.
The company will provide a comprehensive range of business services, including accounting, human resources, procurement, and digital solutions.
Tasama aims to support startups, local businesses, and international firms in establishing and thriving in Saudi Arabia.
Tasama, the PIF's newly launched business services company, is a strategic move designed to be a national powerhouse for comprehensive business solutions in Saudi Arabia. Read more
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