Saudi Arabia and the world
Monday, Jan 24, 2022
The World in the Heart of the Kingdom
Add Your News
Egypt to build $20k electric vehicle in collaboration with Chinese firm
Egypt has ordered a state-owned company to work with a Chinese firm to build affordable electric vehicles priced at 315,000 Egyptian pounds ($20,000).
Egyptian authorities have approached three potential companies to partner with the state-owned automobile company El Nasr Automotive Manufacturing on the project.
It aims to invest 2 billion Egyptian pounds, Bloomberg reported, citing Egypt’s Public Enterprise Minister Hisham Tawfik.
Vehicle production is planned to start in 2023, with annual output set to rise to 20,000 in the next three years, he said.
Egypt has about 5 million conventionally fuelled cars, and about 350 electric vehicles in use.
It previously set a target to have only electric vehicles in operation by 2040.
However, this depends on adoption by the public, the cars' affordabilty, and the availability of charging infrastructure.
The government has set a target of having at least 3,000 charging stations installed within the next three years.
Arab League delays annual summit amid surge in COVID-19 cases
The first Arab summit since the pandemic began is being delayed again because of rising coronavirus cases across the world.
British hypocrisy: University finds novel 1984 ‘offensive and upsetting’ as it perfectly predicted the current miserable state of Britain
Protecting students from the ugly reality of Britain today: a British university has issued a warning over “offensive and upsetting” content in Orwell’s famous "1984" dystopia. ...
Qatar Airways and Airbus dispute explained in 500 words
Qatar Airways is seeking compensation of $618m plus $4m a day after grounding 21 A350s over safety concerns.
7 Kitchen Trends You’ll Soon Be Seeing Everywhere
Top designers and industry insiders share the secret recipe for standout kitchen design in 2022.
Saudi Eastern Province closes $40m deal to improve its public transport network
Riyadh-based Saudi Public Transport Co., also known as SAPTCO, has sealed a SR150 million ($40 million) deal for a public bus transport project in the Eastern Province’s Dammam ...
End of Covid pandemic ‘plausible,’ WHO claims
The Omicron variant is leading to a “period of quiet” and a possible end to the pandemic in Europe, health officials say
Saudi and US forces train in weapons of mass destruction crisis management
The Saudi Armed Forces continued a joint exercise with US forces to train and plan for the management of crises resulting from weapons of mass destruction, the Kingdom’s defense...
Pfizer CEO paints ‘ideal’ future of Covid vaccination
Albert Bourla hopes the idea of annual vaccinations will be far easier to sell to the public
Saudi Arabia’s ambitious space program provides foretaste of exciting collaborations to come
The state-funded body has struck cooperation agreements with the European Space Agency, UK, France and Hungary
Inflation is soaring. Should the Fed unleash 'shock and awe'?
The Bank of England has already started to raise interest rates to fight inflation. The Federal Reserve is likely to follow soon. But how aggressive will America's central bank be?
Move to allow Premium Residency holders benefit from education and health services
The Premium Residency (Special Privilege Iqama) holders can enjoy soon the exclusive rights hitherto allowed only to Saudi citizens in the Kingdom’s health and education sectors.
Subscribe also to our WhatsApp channel:
Add Your News