More than 700 government officials, international organisations, politicians, corporate leaders and entrepreneurs have been gathering for two days in Riyadh for the World Economic Forum’s (WEF) special meeting to address the most important issues of the day and making an economy work for everyone.
One of the topics discussed during the event was transport and shipping at a time when stakeholders are trying to ensure climate issues are not overlooked.
In this special episode of Business Extra, recorded at the WEF, host Cody Combs sits down with Robert Falck, chief executive of Einride, one of the hottest start-ups that makes sustainable and autonomous electric vehicles that can transport lots of goods and services, usually carried by petrol-consuming lorries. Falk participated in the forum to talk about the future of EVs in 2030.
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
Engine: 2.5-litre in-line four-cylinder
Power: 182hp @ 6,000rpm
Torque: 244Nm @ 4,000rpm
Transmission: Continuously variable tranmission
Fuel consumption, combined: 7.6L / 100km
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Three ways to boost your credit score
Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:
1. Make sure you make your payments on time;
2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;
3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.
Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
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