NEW YORK: Elon Musk presented a heady vision Wednesday to turbocharge Tesla’s growth at an investor day filled with ambitious targets but short on details sought by Wall Street.

BARCELONA: It’s been a wild few years for the microchip industry, recovering from a long-term supply squeeze only to be thrust into the centre of a US-China battle to control supply lines of the valuable technology.

RIYADH: Oil giant Saudi Aramco is preparing to join carmakers Geely and Renault in a new joint venture in hybrid and internal-combustion vehicles, the three firms said Thursday.

KUWAIT: Commerce and Industry Minister Mazen Al-Nahedh revealed the completion rate of the Shadadiya industrial project has reached 32 percent, showing the keenness of all concerned parties to finish the project within the planned period.

KUWAIT: Boubyan Bank announced the launch of Google Pay to all its customers who are using Android and Wear OS in Kuwait as a part of the bank’s efforts to offer the best digital payment solutions to all the bank’s customers and to ensure that they enjoy better and more inclusive payment services.

Abdullah Al-Mejhem

RABAT: Adversaries Morocco and Algeria are each racing to build a conduit pumping Nigerian gas to European markets, even as the continent aims to wean itself off fossil fuels.

MAKOKOU, Gabon: Under the green canopy of the ancient Massaha forest in northeastern Gabon, Arsene Ibaho leads a group of visitors towards a tree that he says is sacred and speaks to his people.

By Majd Othman

KUWAIT: Most people are complaining of price increases of consumable products and daily purchases, in addition to services. Meanwhile, financial experts repeatedly explained that “inflation” is the main cause of these price hikes. But many people do not know what this word means, and how it affects prices.

ABU DHABI: More renewable energy projects, including solar plants, in the GCC are expected to tap into capital markets for financing, S&P Global Ratings has said.