Mindblown: a blog about philosophy.
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Princess Reema at FII Priority: Saudis unite under Vision 2030 in shared wellbeing
Saudi Ambassador to the US Princess Reema bint Bandar highlighted the unifying effect of Vision 2030 in Saudi Arabia in a panel at the FII Priority summit in Miami. She said the Kingdom’s strategy drove the success of young people in the private sector today, and encouraged individuals to view themselves as part of a…
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Toyota aims to roll out 1,000 km-range Lexus EV on the road by 2026
Toyota unveiled a Lexus concept car with a roughly 1,000 kilometer range on Wednesday that it aims to roll out by 2026, part of the Japanese automaker’s strategic pivot to EVs reliant on advanced battery technology. The LF-ZC concept car, which debuted at the Japan Mobility Show, uses “prismatic, high-performance” batteries that achieve around twice…
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Toyota first quarter net profit soars to $9.1 bln
Japan’s Toyota said on Tuesday that net profit in its first quarter surged 78 percent as global production rebounded after severe supply disruptions a year ago. The world’s biggest automaker by sales said net profit in the three months to June was 1.31 trillion yen ($9.1 billion) on sales of 10.55 trillion yen, up 24.2…
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Saudi Crown Prince urges immediate action for Gaza ceasefire in call with Biden
Saudi Crown Prince Mohammed bin Salman spoke with US President Joe Biden about the ongoing military escalation in Gaza and the efforts being made to address the situation during a call on Tuesday, the official Saudi Press Agency (SPA) reported. Read our coverage of the Israel-Palestine conflict here. During the call, the Crown Prince emphasized…
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Aramco and ENOWA partner to create pioneering e-fuel demonstration plant
Aramco, a leading global energy and chemicals company, and NEOM’s energy and water company ENOWA, have entered a joint development agreement to build and operate a pioneering synthetic electro fuel (e-fuel) demonstration facility, the Saudi Press Agency (SPA) reported. The joint development agreement was signed on the sidelines of the Future Investment Initiative in Riyadh on…
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Saudi Arabia ticks all boxes of favorable investment conditions: Investment minister
Saudi Arabia offers a wide range of advantageous conditions that makes it an attractive global investment destination, said Investment Minister Khalid al-Falih on Tuesday at the annual financial conference in Saudi Arabia, Future Investment Initiative (FII). Falih stressed that despite the global headwinds including high inflation, high interest rates and supply chain disruptions, Saudi Arabia…
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