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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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Assets of banks operating in the GCC increased by 9.13 percent year-on-year during the first half of 2019.
August 27th, 2019 - 08:35 GMT

Despite the Blockade, This Qatari Bank Tops GCC Peers With $243 Billion in Assets

Trump hinted during G7 summit that he might have second thoughts about Iran sanctions as he faces the prospect that his policy of maximum pressure might fail permanently.
August 27th, 2019 - 07:47 GMT

Iranian Rial Recover Amid G7 Reports Revealing Updates on US Sanctions

The private sector foreign deposits soared about 23% year-on-year to QR158.92bn, or about 81% of the total deposits, in the country’s commercial banks in July 2019.
August 27th, 2019 - 07:37 GMT

Qatar Banks’ Overseas Private Deposits Soar in July

Indians led the list of the top 10 nationalities among those who auto-renewed licenses in H1.
August 27th, 2019 - 07:21 GMT

47 Percent Increase in the Number of Total Licences Renewed in Dubai

Equity markets in Europe pared losses following Trump's statement about US-China trade talks resumption.
August 27th, 2019 - 07:00 GMT

How Equity Markets Reacted After Trump's Latest Statement at G7 Summit

The UAE stock market is currently performing worse than in any year since 2008 and has been affected by reduced interest in the Emirates real estate market.
August 26th, 2019 - 10:27 GMT

How Attractive Is UAE Financially to Global Tech Firms?

Since 2000, the electric transmission network in the Kingdom has witnessed significant growth reaching a length of about 84,000 kilometers.
August 26th, 2019 - 10:18 GMT

Saudi Arabia Aims to Become Regional Electricity Hub Between Asia, Africa

The devices mentioned in the suit are Apple's iPhone 7 Plus, iPhone 8 and iPhone X, and Samsung's Galaxy S8 and Galaxy Note8.
August 26th, 2019 - 09:56 GMT

Apple, Samsung's Smartphones Sued Over Harmful RF

The tumbling began after Trump responded angrily on Twitter following China’s announcement of new tariffs on $75 billion in US goods.
August 26th, 2019 - 09:27 GMT

Asian Shares Plunge Amid US-China Trade War Escalation

Trump’s counterparts, including Johnson, are trying to convince him to back off his trade wars with China and other countries, which they see as contributing to the economic weakening.
August 26th, 2019 - 09:25 GMT

White House on US-China Trade War: Trump Regrets Not Raising Tariffs Higher

JREEEF is scheduled to implement the project in 10 Aqaba hotels during 2019 and 2020, while execution in the remaining 30 hotels will be done at a “later stage”.
August 26th, 2019 - 09:09 GMT

48 Hotels to Go Green in Jordan

Qatar faces several challenges including continued sensitivity to volatile global energy prices and capital flows as well as increasing LNG competition (especially from Australia and the US), which could put downward pressure on prices.
August 26th, 2019 - 08:48 GMT

Qatar Non-Oil Activity Buoyed by Government Investment

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