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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 establishment of the alliance will open a new chapter for 5G development and accelerate the commercial deployment of 5G and industry applications.
July 3rd, 2019 - 12:30 GMT

Huawei, Partners Establish Industry Alliance for 5G Networking

The permanent residency card also offers many benefits to businessmen and investors.
July 3rd, 2019 - 11:00 GMT

Expats Eligible for Permanent Residency in Qatar by Purchasing $200,000 Real Estate Property

These laws reflect the government’s desire for the private sector to play a role in Oman’s development and creating greater job opportunities for the national workforce.
July 3rd, 2019 - 10:30 GMT

New Investment Laws to Empower Oman's Private Sector

Qatar’s current account balance would account for 6.7 percent of the total GDP in 2019. 
July 3rd, 2019 - 10:00 GMT

Qatar’s Economy to Grow 2.6 Percent in 2019: FocusEconomics

BdL is still negotiating with the Finance Ministry on how to reduce servicing costs on public debt.
July 3rd, 2019 - 09:33 GMT

IMF Does Not Support Lebanon’s $7.3 Billion Proposal to Cut Debt Costs

By the end of the first quarter of 2019, the total balance of non-residents deposits amounted to Dh208.2 billion
July 3rd, 2019 - 09:30 GMT

Report: Non-Resident Deposits in UAE Exceed Loans by $17.5 Billion

Saudi Arabia is interested in encouraging foreign investments and entering the European markets through Euro-bonds.
July 3rd, 2019 - 09:00 GMT

Saudi Arabia Issues Euro-Denominated Bonds for First Time

Samsung Electronics Co Ltd’s smartphone business is expected to benefit from a drop of as much as 40% in global sales of Huawei smartphones.
July 3rd, 2019 - 08:47 GMT

Samsung Electronics' Second-Quarter Profit Projected to Plummet 50 Percent

In East Africa, the Northern and Central transport corridors serve nine countries.
July 3rd, 2019 - 08:30 GMT

Africa's Transport Infrastructure Investment to Soar to $69 Billion by 2020

The Dubai Competitiveness Office works with local and international partners to support sustainable development.
July 3rd, 2019 - 08:00 GMT

Dubai Ranks First Among Its Arab Peers in 'Future-Readiness'

The IPO process was never fully suspended
July 3rd, 2019 - 07:30 GMT

Saudi Aramco IPO Set for 2020-21

The system warns an e-commerce practitioner from making ads containing false information.
July 3rd, 2019 - 07:00 GMT

Saudi Arabia to Issue New E-Commerce System

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