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BUSINESS

BUSINESS latest

Ferrari's luce electric car
May 27th, 2026 - 02:22 GMT
Sally Shakkour

Sally Shakkour

Ferrari launches its first electric car for a shocking price

ALBAWABA - In a historic move that redefines its legendary brand, Italian automaker Ferrari unveiled its first all-electric car in Rome on Monday, announcing its transition from the world of motors to the quiet power of clean energy, without abandoning the performance spirit that has made it a global icon. The new car, named "Luce," meaning "light" in Italian, boasts a top speed of 310 km/h and a price tag ...
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5G is also a key component for emerging technologies, such as the Internet of Things, autonomous vehicles and machine-to-machine communication.
May 31st, 2019 - 12:19 GMT

You Can Now Access 5G Network in UAE with No Extra Fees!

The UAE, along with Saudi Arabia, was the first in the GCC region to impose a 5 per cent VAT on good and services.
May 31st, 2019 - 06:54 GMT

5 Percent Increase in UAE Government Revenue Since VAT Implementation

The balance sheet of the GCC banking sector strengthened further in the first quarter as total assets continued to remain at one of the highest recorded levels
May 31st, 2019 - 06:00 GMT

UAE to Boast the Biggest Share of GCC Bank Assets at $682 Billion

Omanisation rates for MOH nurses have climbed steadily since 1990
May 30th, 2019 - 11:31 GMT

Oman to Replace Expats with Nationals in 9 Occupations in the Health Sector

International donors had pledged $11 billion in loans and grants at the conference.
May 30th, 2019 - 11:30 GMT

After Getting the Government's Approval, Lebanon Budget Dispute Transferred to Parliament

The employee population in all Abu Dhabi-based banks stood at 11,871, with the average compensation per employee rising 5.7 percent to Dh43,411.
May 30th, 2019 - 11:00 GMT

Abu Dhabi Banks’ Interest Earnings Hit $2.1 Billion in Q1 2019

The volume of joint investments has yet to realise its potential
May 30th, 2019 - 11:00 GMT

Jordan Keen on Developing Economic Ties with Turkey

A significant majority (78 per cent) across the region are struggling to harness technological advancements and a lack of digitization is evident.
May 30th, 2019 - 10:52 GMT

73 Percent of Firms in the Middle East Aware of Financial Crimes

Bab Al Qasr Hotel
May 30th, 2019 - 10:51 GMT

Family Deluxe Escape at Bab Al Qasr Hotel & Residences

La Liga clubs’ revenues broke the €3bn barrier for the first time after growth of 7%.
May 30th, 2019 - 10:44 GMT

European Football Market Revenues Grow to Record €28 Billion as the ‘Big Five’ Leagues Drive Growth

The event was launched under the patronage and in the presence of HRH Prince Al Hussein bin Abdullah II, Crown Prince of Jordan.
May 30th, 2019 - 10:41 GMT

UAE Launches ‘One Million Jordanian Coders’ Initiative in Jordan

During the event
May 30th, 2019 - 10:39 GMT

Al Ansari Exchange Distributes 10,000 Iftar Meals During the Holy Month of Ramadan

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