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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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Changes to income tax would be procedural, and no changes would be made to overall tax policy or tax rates.
September 10th, 2019 - 06:28 GMT

Egypt to Simplify Tax Procedures to Boost FDI

Prices climbed for a fourth day running on Monday
September 9th, 2019 - 01:30 GMT

Oil Prices Rise as Saudi Arabia Assigns New Energy Minister

China’s GDP growth was 6.2 percent on-year in the second quarter, the lowest rate in nearly three decades.
September 9th, 2019 - 01:00 GMT

China’s Exports Slip in August as US Trade War Rumbles

Pressure has mounted on Saikawa, a Ghosn protege, given the company’s poor performance and strained ties with Renault.
September 9th, 2019 - 12:30 GMT

Nissan CEO Mulls Resigning

The government’s medium-term program, announced a year ago, forecast economic growth of 2.3% this year and 3.5% in 2020.
September 9th, 2019 - 12:00 GMT

Erdogan: Turkey Plans for Economic Growth of 5 Percent in 2020

Majid Jafar, CEO of Crescent Petroleum
September 9th, 2019 - 11:40 GMT

Natural Gas Is More Important Than Ever to the Growth of Mena Economies

The tanker, loaded with Iranian crude oil, was detained off the coast of Gibraltar by the UK navy in early July
September 9th, 2019 - 11:30 GMT

Iran’s Formerly Detained Tanker Sells Oil at Planned Destination

Iran was Turkey’s 19th biggest export destination and the 11th biggest exporter of goods to the country during the period.
September 9th, 2019 - 11:00 GMT

Iran, Turkey Bilateral Trade Exceeds $4 Billion During the First Seven Months

The agreement plans to offer investment insurances through the Investment Guarantee Agency (MIGA)
September 9th, 2019 - 10:30 GMT

World Bank, Yemen Agree to Enhance Central Bank Abilities, Stabilize Exchange Rate

UAE will support any decision taken in consensus within OPEC
September 9th, 2019 - 10:00 GMT

UAE: Oil Producers Committed to Balancing Market

Sudan's government will work to tackle the crisis through short-term and long-term programmes.
September 9th, 2019 - 09:30 GMT

Sudan Announces 200-Day Emergency Plan to Restore the Deteriorated Economy

Number of expats in the country had declined, creating more job opportunities for the locals
September 9th, 2019 - 08:30 GMT

Over 34 Thousand Foreign Workers Left Oman in 2018 Due to Omanisation

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