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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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Dubai Expo 2020 will boost the UAE’s global reputation as the go-to place for major events. (File photo)
April 19th, 2018 - 05:00 GMT

Expo 2020 to Boost UAE’s Reputation as Events Destination: Experts

“We see a significant increase in the interest in Saudi Arabia.” (Photo: AFP)
April 18th, 2018 - 01:00 GMT

Now Is the 'Right Time' to Invest in Saudi Arabia: Analysts

Unemployment in the UK hit 4.2 percent, down from 4.7 percent a year earlier. (AFP/ File)
April 18th, 2018 - 11:20 GMT

UK's Unemployment Falls to 4.2 Percent, Its Lowest Since 1975

UAE retailers are optimistic that the upcoming festive season would witness a significant rise in jewelry and gold sales. (File photo)
April 18th, 2018 - 11:01 GMT

Wedding Season, Eid Al Fitr to Boost Gold Sales in UAE: Retailers

The UAE's economy is expected to grow at 3 percent next year, according to the IMF. (File photo)
April 18th, 2018 - 10:46 GMT

UAE's Economy to See 3 Percent Growth in 2019: IMF

The 12th edition of Cityscape Abu Dhabi officially kicked off Tuesday. (Photos: The Saudi Gazette)
April 18th, 2018 - 10:39 GMT

Cityscape Abu Dhabi 2018 Kicks off: Photos

The demand for online retail in the UAE, and the region, will continue to grow, according to experts. (File photo)
April 17th, 2018 - 12:00 GMT

Online Retail in Middle East Region Will Continue to Grow: Experts

Tesla has halted production of its Model 3 sedan for the second time this year. (AFP/ File)
April 17th, 2018 - 11:00 GMT

Tesla Halts Production of Model 3 for Second Time This Year

Turkey's budget balance saw a deficit of $5.34 billion in the first quarter of 2018, the Finance Ministry announced on Monday. (AFP/ File)
April 17th, 2018 - 10:55 GMT

Turkey Posts $5.3 Billion Budget Deficit in Q1, Expenses up 17 Percent

UAE residents are less confident about their financial status compared to a year ago, according to a new survey. (File photo)
April 17th, 2018 - 10:05 GMT

UAE Residents Worried About Job Security, Cost of Living in 2018: Survey

The code application is mandatory for large engineering projects and will begin on January 1, 2019. (File photo)
April 17th, 2018 - 08:32 GMT

Saudi Building Code Mandatory for Large Projects, Starting 2019

Retailers in the Middle East are beginning to implement location-based solutions, and the potential is huge. (Shutterstock)
April 16th, 2018 - 12:00 GMT

Location-Based Services Boost for Retailers: Things to Keep in Mind

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