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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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Gold futures for June delivery on the Comex division of the New York Mercantile Exchange was down $1.20. (Shutterstock)
April 30th, 2018 - 08:34 GMT

Gold Prices Slip as Dollar Climbs

Do we see any signs of Bitcoin taking off right now? (Shutterstock)
April 30th, 2018 - 07:53 GMT

Is Bitcoin Really About to Take off to the Moon or Has It Been Shot Down?

Lebanon’s IT market will grow at 10 percent CAGR to LBP 820 billion in 2019. (Shutterstock)
April 30th, 2018 - 07:24 GMT

Internet of Things Boosts Lebanon’s IT Market to LBP 820 Billion by 2019

Only a handful of Saudi women are appointed to the board of major Saudi companies. (AFP)
April 30th, 2018 - 06:40 GMT

Saudi Aramco Appoints First Female Executive

On average, female-founded companies create over 60 per cent more value for investors than those founded by men. (Shutterstock)
April 29th, 2018 - 09:06 GMT

Middle East Economies Is Closing More Than 60 Percent of Its Overall Gender Gap

Dubai has been taking a pioneering role in self-driving cars, automated ports, testing of delivery robots and drones and social robots among others. (Shutterstock)
April 29th, 2018 - 08:43 GMT

Dubai Among World's Top 3 Model Smart Cities

Bitcoin has inevitably brought change to how we perceive - and perhaps, make - investments. (Shutterstock)
April 29th, 2018 - 08:31 GMT

Let's Talk Crypto, 'What Really Is Bitcoin?'

SWVL closed an $8 million Series A funding. (Shutterstock)
April 29th, 2018 - 06:57 GMT

SWVL Raises $8 Million Funding, the Biggest in Tech Start-Up History in Egypt

With so much focus on bitcoin lately, we've added a new weekly update that tracks the three largest cryptocurrencies by market share. (Shutterstock)
April 26th, 2018 - 09:50 GMT

Top 3 Cryptocurrencies by Market Share in 2018

In February, the amount of net foreign direct investment (FDI) rose by nearly 12 percent year-on-year. (Shutterstock)
April 26th, 2018 - 07:51 GMT

Turkey Earns Over $500 Million net Investment in February

Rents in certain communities in Dubai can cost a year's salary, but other locations offer some bargains. (Shutterstock)
April 26th, 2018 - 07:35 GMT

Top 10 Cheapest Places to Rent in Dubai

Saudi Arabia's aim is to increase the private sector contribution to gross domestic product from 40 percent to 65 percent by 2030. (Shutterstock)
April 26th, 2018 - 07:20 GMT

Saudi Makes Ports, Schools and Hospitals Priorities in Privatization Plan

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