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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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More than half of UAE employees said they have worked during their vacations. (File photo)
August 20th, 2017 - 02:09 GMT

Half of UAE Employees Take Work Home: Study

The training will be based on Disney's best practices in customer service. (File photo)
August 20th, 2017 - 01:00 GMT

Mickey Mouse to the Rescue: Dubai Takes Staff on 'Happiness' Training Trip to Disneyland

The company now owns and manages a fleet of approximately 400 aircraft with a value of over US$14 billion. (Pixabay)
August 20th, 2017 - 12:31 GMT

Dubai's DAE Enters Aircraft Leasing Market With Acquisition of Dublin-Based AWAS

Pilgrims walk near the construction crane which crashed in Mecca's Grand Mosque on September 11, 2015, killing more than 100 and injuring over 200 others. (AFP)
August 20th, 2017 - 10:07 GMT

Saudi Binladin Group Resumes Grand Mosque Project Two Years After Deadly Crane Crash

No instructions to stop dealing in Qatari Riyal, says Saudi Arabia. (Reuters)
August 20th, 2017 - 09:32 GMT

Saudi Arabia Denies Ban on Qatari Riyal Transactions as Haj Season Kicks Off

Indians now account for 22 percent of prime property sales in the UK capital, compared to just 5 percent of sales two years ago. (File photo)
August 17th, 2017 - 10:47 GMT

Indians Beat Arabs as Second-Largest Investors in London Property: Report

Samsung dominates the MENA region's mobile market with 38 percent market share. (Pixabay)
August 17th, 2017 - 10:06 GMT

Samsung Most Popular Mobile Phone in MENA, Says Report

Engie has acquired a 40 percent stake in Tabreed from Mubadala, the Abu Dhabi-based investment company. (Shutterstock)
August 17th, 2017 - 09:56 GMT

France's Engie Completes $762 Million Investment in Tabreed

Noor Bank. (File photo)
August 17th, 2017 - 09:34 GMT

Dubai's Noor Bank Downsizes in Huge Restructuring: Sources

Unemployment among males in 2016 stood at 13.3 percent, while female unemployment reached a whopping 24.1 percent. (AFP/ File)
August 15th, 2017 - 08:27 GMT

Jordan's Unemployment Rate Hits 16-Year High, According to New Figures

The project is expected to produce half of the country’s planned renewable energy output. (File photo)
August 15th, 2017 - 08:20 GMT

Kuwait Issues Tender for $1.2 Billion Solar Project in Al-Dibdibah

Diplomatic ties between the two countries were severed in the wake of Saddam Hussein’s 1990 invasion of Kuwait, but are now being revived. (Christophe Simon/ AFP)
August 15th, 2017 - 07:49 GMT

Saudi Arabia Launches Joint Trade Council With Iraq, Opens Border After 27 Years

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