Saudi Press

Saudi Arabia and the world
Saturday, Sep 21, 2024

Lebanese Ban Walkie-Talkies on Flights Post-Explosion; Sudanese Refugees in Crisis Amid Egypt's Migrant Laws; UK Visa Route Faces Racial Disparities; Saudi Arabia's EV Market Set for 2026 Boom Under Vision 2030

Lebanese authorities ban walkie-talkies on flights following deadly explosions, escalating public vigilance. Meanwhile, Egypt's new migrant law leaves 500,000 Sudanese refugees in legal limbo amidst rising xenophobia.
Lebanese authorities have banned walkie-talkies and pagers on flights from Beirut following deadly explosions linked to these devices, resulting in 37 deaths and over 3,000 injuries. This directive is part of ongoing conflict tensions and increased public vigilance measures in Lebanon.

Meanwhile, in Egypt, Sudanese refugees are facing a new crisis as a law mandating the regularization of undocumented migrants' status has left over 500,000 fleeing Sudanese in a legal limbo. This situation is part of a broader humanitarian emergency exacerbated by escalating xenophobia.

Switching gears to the UK, the 10-year visa route is under fire for racial disparities, disproportionately impacting people of color from countries like Nigeria, Pakistan, and India, with 86% of affected individuals from Asian or African nations. Advocates are calling for reforms to cap all routes to settlement at five years to reduce financial burdens and expedite residency.

Over in Saudi Arabia, the electric vehicle (EV) market is anticipated to see substantial growth by 2026, boosted by falling battery prices and improved infrastructure under the Vision 2030 initiative. Global players such as Lucid Motors are entering the market, foreseeing EVs could comprise 35-40% of vehicles by 2030.

Continuing with Saudi Arabia's Vision 2030, the nation is accelerating its EV revolution, aiming for 30% of vehicles in Riyadh to be electrified by 2030. Major investments and international partnerships are underway to build an EV supply chain, with strategies like NTSC’s decarbonization roadmap leading the transition.

Finally, in the financial realm, Saudi Arabia's Tadawul All Share Index rose by 1.34% to close at 12,080.47, driven by notable gains, including Etihad Atheeb Telecommunication Co.'s near 8% surge. This comes alongside other key market activities, such as Retal Urban Development Co.'s strategic land sale at Al-Khobar City for SR21 million.
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