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The Pope with Ferrari's Luce EV

August 2nd, 2026 - 12:16 GMT

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 ...

The sanctions freeze any property those names have in US jurisdictions and aim to lock those blacklisted out of global commercial and financial networks by banning US individuals and companies.

August 29th, 2019 - 10:21 GMT

US Blacklists 2 Iranian Business Groups

Najla Al Shirawi, the chief executive of Bahrain-based Sico.

August 29th, 2019 - 10:19 GMT

Meet the Bahraini Business Women Who Made It to Forbes List

Sixty percent of fund mangers said they would decrease their investments in Saudi Arabia, displaying bearishness that has carried over from last month.

August 29th, 2019 - 10:17 GMT

Saudi Stocks Plummet as Funds Turn Bearish

The expo provides an attractive working environment for innovative Emirati women.

August 29th, 2019 - 10:17 GMT

Emirati Women Constitute 60 Percent of Expo 2020 Workforce

The team is responsible for launching joint housing initiatives, performing studies and presenting proposals to the council’s executive committee.

August 29th, 2019 - 10:17 GMT

UAE, Saudi Form Working Team to Reinforce Partnership in Housing Sector Cooperation

Tourism arrivals from Russia have flourished after Oman Air.

August 29th, 2019 - 10:16 GMT

Oman Eyes Russia as an Important Tourism Market

Total FDI into India from 2014-15 to 2018-19 has been $286 billion.

August 29th, 2019 - 10:03 GMT

India Allows 100 Percent FDI in Coal Mining, Related Activities

Saudi Arabia attracted more than $4.5 billion in foreign equity inflows in May and $2 billion in the first three weeks of August.

August 29th, 2019 - 09:50 GMT

Saudi Arabia Attracts $18 Billion in Foreign Equity Inflows

The introduction of value added tax (VAT) in the Kingdom at the start of 2018 lifted the annual inflation rate to 2.5 percent from minus 0.9 percent the previous year

August 29th, 2019 - 09:34 GMT

Savings' Tax: Potential Measure to Spur Growth in Saudi Arabia

Saudi exports increased 40 percent in 2018 compared to 2017.

August 29th, 2019 - 07:49 GMT

Saudi's EXIM Bank to Be Launched Within Months

The country remains mired in an economic crisis that has bred discontent especially among young people.

August 29th, 2019 - 07:44 GMT

US to Support Tunisia's Democratic Transition With $335 Million in Financial Aid

The project developments in Linesight’s own GCC pipeline are currently worth in excess of $10 billion, with average annual revenue growth of over six per cent.

August 29th, 2019 - 07:31 GMT

Saudi Arabia Tops GCC With Over 5,000 Projects Worth $1.6 Trillion