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Foreign firms race to open Saudi offices before deadline
Foreign firms race to open Saudi offices before deadline
by  AFP

A wave of ribbon-cutting ceremonies is sweeping the Saudi capital as multinationals face a January deadline to open regional headquarters in the Gulf kingdom or lose out on government contracts. "Only multinational companies with regional headquarters in the Kingdom will be eligible for tenders and contracts floated by government entities."

US transition to electric vehicles faces delays
US transition to electric vehicles faces delays
by  AFP

The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues. But there are also significant doubts among drivers surrounding the autos over inadequate charging infrastructure (36 percent), battery range (39 percent) and vehicle affordability (38 percent).

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