Author: News Desk
The first Saudi electric vehicle brand, Ceer, was introduced by Crown Prince Mohammed bin Salman of Saudi Arabia. According to the Saudi Press Agency, Ceer will develop, build, and sell a variety of vehicles, including sedans and sports utility vehicles, for customers in Saudi Arabia and the Middle East and North Africa. Ceer is the first Saudi automotive brand to create electric vehicles in the Kingdom. The brand’s launch is in keeping with the Saudi Public Investment Fund’s policy, which focuses on maximising local industries’ potential to support economic diversification. It will boost Saudi Arabia’s automobile manufacturing industry. The company…
Priyanka Chopra’s hair care line Anomaly, which debuted in India on Nykaa in August, intends to introduce a few additional stock keeping units (SKUs) before the end of the next year. By the following year, we would add several SKUs. Chopra stated that the decision to debut Anomaly with only seven SKUs was deliberate because she wanted to test the market, but now that the company is among the top 10 sellers out of more than 450 hair care items on Nykaa, adding more SKUs makes sense. Anomaly’s distributor and retailer, Nykaa, is aiding the brand’s entry into the Indian…
Ajit Mohan, the head of Meta Platforms’ India division, announced his resignation in order to seek other opportunities. TechCrunch says that Mohan left the company to work for Snap, a rival. Additionally, he will serve as President of Snap’s APAC branch. In January 2019, Mohan became the VP and MD of the India business of Meta, which was then known as Facebook. In India, the Facebook app family, which includes Instagram and WhatsApp, garnered more than 200 million users during his time there. The firm also made some audacious investments there, such as handing Jio Platforms a $5.7 billion check,…
The pilot for the wholesale segment of the digital rupee began on November 1. According to media sources, 105 nations, accounting for 95% of the world’s GDP, were reportedly exploring CBDC as of July 2022. WHAT IS THE E-RUPEE? The digital rupee (eC), also known as the Central Bank Digital Currency (CBDC), is a digital representation of currency notes issued by the RBI. Features: To be recognised as legal cash and a means of payment by individuals, government organisations, and enterprises.Freely convertible into cash and money from commercial banks.Expected to reduce the cost of money issuance. USE OF THE E-RUPEE…
In anticipation of the upcoming Football World Cup, which will be hosted in Qatar from November 20 to December 18, football fans can raise their beer glasses in celebration of their team’s victory. Before and after games, as well as at the official FIFA Fan Festival at night, fans will be able to purchase alcohol inside the stadium complex. Budweiser with alcohol will be served “inside the stadium boundary prior to kickoff and after the final whistle,” FIFA announced. It will be sold at the FIFA Fan Festival starting at 6.30 p.m. Budweiser Zero will be available to ticket holders…
Edtech platform Byju’s has appointed celebrity footballer Lionel Messi as the first global brand ambassador of its social impact venture ‘Education For All.’ The platform propagates the concept of equitable education. Messi has entered into an agreement with Byju’s to represent this cause. Currently, ‘Education For All’ empowers about 5.5 million children. Byju’s co-founder Divya Gokulnath has said that Messi is the best choice to ensure the success of the programme. “Quality education changes lives. Byju’s has changed the career journey of millions of students globally. I believe it will inspire young minds,” Messi said. “The greatest player of all…
Two weeks before the manufacture of its first electric vehicle, the Ocean SUV, Fisker is increasing its manufacturing projection.Due to high demand in the U.S. and Europe, the carmaker now anticipates producing 42,400 Ocean SUVs by the end of 2023, up from an early prediction of 40,000. Compared to an earlier target of 50,000, the business said it has received 62,000 bookings for the $37,499 Ocean and anticipates 80,000 orders by the end of the year.Therefore, not every person who has reserved an Ocean will get one in 2023.Many of those reservations were made in August, just before the Inflation…
November is around the corner and mobile phone companies are getting ready for their new launches. In India, different companies such as Reliance Jio, Xiaomi, OnePlus, and Redmi will introduce their latest models in November. Check out the upcoming models. The much-awaited JioPhone 5G from Mukesh Ambani is said to hit the Indian market in November. It will further expand the internet revolution in India. Xiaomi will launch its 12T series in the first half of November. This latest device will have an AMOLED display and a 120W charging option. Xiaomi will also launch the Xiaomi 12 Lite NE 5G…
Lately, Russian President Vladimir Putin called Indian Prime Minister Narendra Modi a ‘true patriot.’ Putin lauded Modi for following an independent foreign policy for the welfare of his country and its people. However, the remark is not just part of the bilateral relationships, say experts. It shows that Putin is glad about India’s neutral stance in the ongoing Russia-Ukraine conflict. He praised Modi, saying that India developed a lot under his leadership and holds a great future. Putin also lauded Modi’s ‘Make in India’ initiative adding that the Russia-India association in the military and technology arenas will go on. “We…
The Qatar World Cup is around the corner. Saudi Arabia’s international ports are ready to host visitors. They are equipped with personnel and modern technical devices. Hayya Card holders will be able to travel from Nov 1 to Dec 23 from Saudi Arabia and QatarThe Hayya Passport can be registered on the Hayya PortalMeanwhile, Careen Booking has launched a $266 taxi service from Saudi Arabia to QatarCustomers can book a ride to Doha only one day in advanceThe car will accommodate up to three passengersCareem has expanded its fleet size in Qatar to meet the demandThe 2022 FIFA World Cup…