Saudi Arabia Participates in Global Entrepreneurship Congress in Australia

SPA
SPA
TT

Saudi Arabia Participates in Global Entrepreneurship Congress in Australia

SPA
SPA

Saudi Arabia is taking part in the Global Entrepreneurship Congress (GEC), held in Melbourne, Australia, between September 19 and 22, under the umbrella of the General Secretariat of the Gulf Cooperation Council (GGC).

The Small and Medium Enterprises General Authority (Monshaat) Vice Governor for Entrepreneurship Saud Al-Sabhan heads the Kingdom’s delegation that is made up of representatives of several public institutions and Saudi entrepreneurs.

Participating in the congress is bound to boost Saudi Arabia’s status as an important supporter of SMEs, as well as highlight efforts that the authority exerts in support of entrepreneurs and SMEs. It will also give an opportunity to entrepreneurs to network with global experts and specialists, and benefit from their expertise, through various programs and initiatives that Monshaat organizes.
The delegation, which includes several government institutions, including the ministries of investment, communications and information technology, environment, water and agriculture, and industry and mineral resources, is slated to discuss with representatives of international institutions important opportunities for SMEs and means to boost cooperation to develop entrepreneurship in the Kingdom.
The delegation is expected to visit Melbourne Entrepreneurial Center and the Hatch Quarter incubator and accelerator, which provide support and consultations to SMEs to help them expand and participate in global markets to attract investments.



Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
TT

Report: EU to Vote on Oct 4 to Finalize Tariffs for China-made EVs

A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)
A Leapmotor electric vehicle is put though a rain test on the production line at the Leapmotor factory in Jinhua, China's eastern Zhejiang province on September 18, 2024. (Photo by ADEK BERRY / AFP)

The European Union is planning to vote on whether to introduce tariffs as high as 45% on imported electric vehicles made in China on Oct. 4, Bloomberg News reported on Saturday, citing people familiar with the matter.
Member states have received a draft of the regulation for the proposed measures, the report said, adding that the new date could still change.
According to the report, the vote among the bloc's member states was slightly delayed amid last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.
The European Commission did not immediately respond to a Reuters request for comment.
The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.
The proposed final duties will be subject to a vote by the EU's 27 members. They will be implemented by the end of October unless a qualified majority of 15 EU members representing 65% of the EU population votes against the levies.