Middle East: What You Need to Know for Feb. 14

The video provides a quick overview of significant Middle East stories. It covers Mobileye's collaboration with Volkswagen to develop mapping technology for autonomous vehicles, highlighting the company's stock performance. The video also discusses KFW's $530 million loan to Iraq for infrastructure repair in areas freed from ISIS control. Additionally, it mentions Tesla's plans to expand into the Middle East by taking orders for its Model S and Model X vehicles, opening a service center, and setting up a pop-up store in Dubai.

What was the impact on Mobileye's shares after announcing a deal with Volkswagen?

• They dropped by 10%

• They hit a five-month high

• They remained unchanged

• They decreased by 5%

What is the primary purpose of the $530 million loan from Germany's KFW Group to Iraq?

• To support military operations

• To invest in new technology

• To fund educational programs

• To repair infrastructure in liberated areas

Which bank is Germany's third largest by assets?

• Commerzbank

• Deutsche Bank

• KFW Group

• Landesbank Baden-Württemberg

What is Tesla's plan for the Middle East market?

• To collaborate with local car manufacturers

• To open a service center and pop-up store

• To launch a new car model

• To open a manufacturing plant

Where is Tesla planning to open its pop-up store in the UAE?

• Mall of the Emirates

• Dubai Mall

• Abu Dhabi Mall

• Yas Mall