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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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The Iranian official further described Expo 2020 Dubai as a great opportunity for Iranian companies to showcase their products.
August 8th, 2019 - 12:00 GMT

Iran, UAE Trade Relations Are Improving

Samsung declined to disclose its sales target for the new Note series, but said it expected to achieve higher sales volume than the predecessor Note 9 models.
August 8th, 2019 - 11:30 GMT

Samsung’s Galaxy Note Smartphone Takes On Huawei in Selfie Beauty Pageant

Away from the Mena region, Asia is forecast to see 130 new crude and natural gas projects starting operations over the next eight years
August 8th, 2019 - 11:30 GMT

Oil, Gas and Petrochemical Projects Value More Than $859 Billion in Mena

A weaker dollar has other benefits. For instance, it could also bolster corporate earnings.
August 8th, 2019 - 11:00 GMT

This Is Why a Weak Dollar Could Help the US

In July 2018, Egypt's headline inflation rate was 13.5%.
August 8th, 2019 - 10:30 GMT

Egypt’s Consumer Price Inflation Slows to 8.7 Percent in July

Russia had suspended the visa-free regime in late 2015 amid tensions over the downing of a Russian jet along the Turkish-Syrian border.
August 8th, 2019 - 10:00 GMT

Visa-Free Travel Comes Into Effect Between Turkey and Russia Starting Today

The discussions focused on bilateral relations between Riyadh and Washington
August 8th, 2019 - 09:30 GMT

Saudi, American Energy Ministers Discuss the Condition of the Oil Market

Last month, the cash surplus of $730 million represents the Treasury's cash revenues plus privatization and fund income minus expenditures, including interest payments. 
August 8th, 2019 - 09:00 GMT

Turkey's Treasury cash balance sees surplus of $730 million in July

ADB is committed to providing wide-ranging support to strengthen Pakistan’s economy and reduce the risk of external economic shocks.
August 8th, 2019 - 08:30 GMT

Asian Development Bank Approves $500 Million Loan for Pakistan

In May, the current account posted a $151 million surplus, versus a $6.17 billion deficit in the same month last year.
August 8th, 2019 - 08:00 GMT

$376 Million Turkey’s Current Account Deficit Balance in June

Oman’s gas production over the three years before that had hovered close to the 1.5 million cubic feet mark, but never crossed it.
August 8th, 2019 - 07:30 GMT

Natural Gas Production Crossed 1.5 Million Cubic Feet in 2018 in Oman

Jordan currently has the capacity to send 26 megawatts to the cities of Jericho and Ghor
August 8th, 2019 - 07:00 GMT

Palestine, Jordan Sign MoU to Cover the Need of Oil Market Derivatives

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