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The Pope with Ferrari's Luce EV
August 2nd, 2026 - 12:16 GMT
P. Choiaqo

P. Choiaqo

Controversial Ferrari EV 'Luce' hits sales target in two months

ALBAWABA - ‘Luce’ Ferrari’s first ever EV was mired in controversy since its reveal in May 2026, it has now put the controversy to bed by breaking its sales goal just two months after releasing to the market. The main point of contention, among many, is the design of the Luce, with negative comments coming from investors, media, and enthusiasts alike. Despite this, or as some speculate because of it ...
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Gas will increasingly complement variable renewables, meeting demand in peak periods such as winter in colder climates.
September 12th, 2019 - 12:30 GMT

Global Upstream Gas Capital Expenditure to Reach $737 Billion in 2025

Saudi Arabia is proud to be one of the first countries to work with the organization in the preliminary studies for the Measuring Sustainable Tourism (MST) project
September 12th, 2019 - 12:00 GMT

Saudi Arabia to Open Its Doors to International Tourists by End of 2019

Algeria has been looking into economic reforms in recent years as lower energy prices undermined its fiscal position.
September 12th, 2019 - 11:30 GMT

Algeria Mulls Allowing Foreign Ownership in Some Sectors

One of the most important challenges in making these treaties operational is that exporters in each country will prefer to trade in world currencies rather than national one.
September 12th, 2019 - 11:00 GMT

Monetary Treaties: Iran’s Key to Unsanctioned International Trade

The number of economic establishments of the government, the private sector and the non-profitable domain has reached 1.005 million
September 12th, 2019 - 10:30 GMT

283 Percent Increase in Number of Working Saudi Women in Q1 2019

Despite the OPEC-led cut, oil has tumbled from April’s 2019 peak above $75
September 12th, 2019 - 09:30 GMT

OPEC Cuts 2020 Oil Demand Forecast Due to Economic Slowdown

A group of 14 economists' estimates for the month ranged between a surplus of $160 million and $1.5 billion.
September 12th, 2019 - 09:00 GMT

Economists Expect $1.1 Billion Current Account Surplus in Turkey

The amended regulations governing the issuance of medical treatment visas were published in the Official Gazette
September 12th, 2019 - 08:30 GMT

Relaxation of Visa Restrictions Revives Medical Tourism in Jordan

These tariffs will now take effect on September 16, 2020
September 12th, 2019 - 07:30 GMT

Trump Delays Planned Tariff Hike on $250 Billion Worth of Chinese Goods

The off-plan market still accounted for the majority of transactions in Dubai, accounting for 5,032 deals in the summer months of 2019.
September 12th, 2019 - 07:00 GMT

Dubai Witnesses Highest Residential Sales Transactions in 4 Years

Moody's downgraded Lebanon's rating to Caa1 in January.
September 12th, 2019 - 06:30 GMT

Lebanon Draft 2020 Budget Deficit Lower Than 2019’s

Egypt’s government wants to start running the nation from the new capital in the desert from mid-2020
September 12th, 2019 - 06:00 GMT

Egypt to Commence Working on $2.4-Billion Telecom Network

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