Tesla has driven down the price of its Model 3.
The car will now be sold at a starting price of USD $35,000, just over AED 128,000.
It means that the electric car company has come good on a promise it made more than two years ago.
In a bid to cut costs, Tesla is also going to switch to an online-only sales model.
Chief executive Elon Musk says closing physical stores will allow the firm to cut costs by about 5 per cent.
Pakistan must create 30 million jobs over next decade, World Bank president says
Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga said in an interview with Reuters.
Ghana seeks to deepen strategic investment, innovation ties with UAE
Ghana considers the UAE a strategic partner in its development journey, particularly in economic growth and infrastructure reform, Lydia Lamisi Akanvariba, Minister of State for Public Sector Reform of Ghana, said at the World Governments Summit.
UAE partners with World Economic Forum to fast-track industrial transformation
The UAE has signed a partnership with the Ministry of Industry and Advanced Technology (MoIAT) and the World Economic Forum (WEF), aimed at accelerating the digital and technological transformation of the country’s manufacturing sector.
Creative industries 'key to future growth', WGS-FTI report says
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
7:00pm - 10:00pm
10:00pm - Midnight
