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Tesla raises price of Model Y car in China

Bloomberg Tesla Inc. is raising the price of its Model Y Performance car in China by 10,000 yuan ($1,552), effective immediately, the company announced on Weibo. The vehicle’s new price will be 387,900 yuan, according to the statement. Elon Musk’s electric-vehicle maker reported a rebound in domestic China shipments in August, a bright spot after a torrid few months for ...

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UAE-Russia Business Council explores fostering tourism ties

MOSCOW / WAM The UAE-Russian Business Forum has held its third session at the headquarters of the Russian Chamber of Commerce and Industry in the Russian capital, Moscow, as part of the visit of an Emirati delegation led by the Sharjah Chamber of Commerce and Industry to the cities of Moscow and Saint Petersburg. The visit, which will continue until ...

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IHC’s Al Seer Marine forms AED624 million JV with BGN

ABU DHABI / WAM Al Seer Marine, a marine company in the Middle East region that is engaged across multiple marine sectors, announced the formation of a AED624 million ($169.91 million) joint venture with BGN International, one of the leading energy, trading, storage, and transportation companies, to acquire a portfolio of Very Large Gas Carriers (VLGCs) for the transport of ...

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