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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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Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, at the opening of Cityscape Global 2017. (Courtesy of Dubai Media Office)
September 11th, 2017 - 12:21 GMT

Cityscape Global 2017 Kicks off in Dubai (Photos)

Russia is considered Sudan's top military partner. (WikiImages/ Pixabay)
September 10th, 2017 - 02:57 GMT

Russia Eyes Joint Investment Projects in Sudan, Including Military

Could Amman see its first metro soon? (SofiLayla/ Pixabay)
September 10th, 2017 - 02:38 GMT

Amman Perfect for a Metro Project, Says a Chinese Study

Is this the end for Swiss private banks? (SofiLayla/ Pixabay)
September 10th, 2017 - 01:57 GMT

70 Swiss Private Banks Could Soon Go out of Business: KPMG

A Chinese factory for trucks and minibuses is coming to Egypt. (Gregor/ Pixabay)
September 10th, 2017 - 01:33 GMT

More Jobs for Egyptians: Chinese Company to Build Trucks Factory in Egypt

Busy day at work? Don’t fret: A friendly robotic assistant may soon take the strain. (Shutterstock)
September 10th, 2017 - 01:17 GMT

Saudi Arabia Wants Robots to Take up Government Jobs

One-bedroom apartments can be bought for 54 bitcoins (or $250,000). (Photo courtesy of Aston Plaza)
September 7th, 2017 - 10:48 GMT

Dubai to Accept Bitcoin Payments on $325 Million Real Estate Project

Opec and other producers led by Russia and  Saudi Arabia are cutting oil output until the end of March 2018. (AFP/ File)
September 6th, 2017 - 11:29 GMT

Saudi Arabia, Russia Mull Opec Deal Extension as Oil Prices Stabilize

Qatar exchange witnessed the steepest monthly drop in August on the back of the ongoing political deadlock with its neighbors. (AFP/ File)
September 6th, 2017 - 11:08 GMT

The Best and Worst Performing Stock Markets in GCC for 2017

Qatar's Emir Sheikh Tamim bin Hamad al-Thani led on Tuesday the inauguration of the new Hamad Port. (AFP/ File)
September 6th, 2017 - 10:34 GMT

Qatar Defies Saudi-Led Bloc With Inauguration of New Port

The negative outlook reflects a reduction in the government’s ability to support banks, weaker economic growth and tightening liquidity. (File photo)
September 6th, 2017 - 10:10 GMT

Moody’s Cuts Oman Banking Outlook on Weak Government Support, Poor Growth

Cityscape Global is set to take place from September 11-13 at the Dubai World Trace Centre. (Karim Sahib/ AFP)
September 6th, 2017 - 07:49 GMT

Dubai Developer Emaar Not Participating in Cityscape Global This Year

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