Cars

Oman Set to Implement Personal Income Tax, Impacts for the Gulf Await

Oman will introduce a personal income tax starting in 2028. This decision marks a historic first for the Gulf region. Other Gulf countries may reevaluate...

BYD Begins Assembling EVs at New Factory in Brazil

BYD begins electric vehicle assembly at new factory in Bahia, Brazil. The plant aims for 50,000 vehicles to be assembled by 2025. Final regulatory approvals...

Japan, South Korea, Malaysia Among 14 Nations Facing Tariffs

Japan and South Korea now face a 25% tariff beginning August 1. Tariffs could reach as high as 40% for some nations at risk. President...

The New Frontier in Medtech: Navigating Trade Tensions for Investment Gains

China-EU trade tensions create significant risks and opportunities in medtech. The EU's restrictions may reshape supply chains and impact profitability. Companies must choose between localization...

Daimler Truck Signs Deal for Assembly Plant in Senegal

Daimler Truck has signed a Letter of Intent with Senegal's government and GTS. The new facility will target production start in 2026 in the Dakar...

Renault Celebrates Production of Morocco’s First Fully Electric Quadricycle

Renault secures a milestone with the 2,000th Mobilize DUO production. The first fully electric vehicle in Morocco designed for urban transport. The project supports local...