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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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Saudi Aramco is preparing for what could be the world’s largest initial public offering (IPO). (AFP/ File)
July 13th, 2017 - 02:16 GMT

London Tries to Lure Saudi Aramco's IPO With New Listing Rules

Turkish energy minister Berat Albayrak (R) and his Russian counterpart shake hands after signing an agreement in Istanbul on October 10, 2016. (Ozan Kose/ AFP)
July 13th, 2017 - 12:59 GMT

Turkish Energy Minister to Visit Israel to Complete Gas Pipeline Deal

Man counting Saudi riyals. (AFP/ File)
July 13th, 2017 - 12:02 GMT

Saudi Arabia's GDP, Consumer Spending Drop Amid Weak Oil Prices

More than 3 million people worldwide visit Tesla retail stores every year. (AFP/ File)
July 13th, 2017 - 07:48 GMT

Tesla Launches First Store, Service Centre in Middle East

Sudanese President Omar al-Bashir. (AFP)
July 12th, 2017 - 02:33 GMT

Trump Delays Decision on Sudan Sanctions Until October

Turkey's flag carrier currently has 337 aircraft and flies to more than 302 destinations. (File photo)
July 12th, 2017 - 02:23 GMT

Turkish Airlines Hits 30.3 Million Passengers, Its Highest Ever

The launch comes amid the worst crisis to hit Qatar in years. (AFP/ File)
July 12th, 2017 - 02:11 GMT

Qatar Petroleum, Total Launch New Venture for Giant Oil Field

Farzaneh Sharafbafi, the new CEO of Iran Air. (Twitter)
July 12th, 2017 - 01:52 GMT

Meet Farzaneh Sharafbafi, Iran Air's First Female CEO

A protester throws a bottle at riot police in Hamburg last week. (Ronny Hartmann/ AFP)
July 12th, 2017 - 11:30 GMT

G20 Aftermath: Hamburg Shop Owners Ask for $20 Million in Riot Damages

HSBC earned the most investment banking fees in the Middle East during the first six months of 2017, a total of $29.2 million. (AFP/ File)
July 12th, 2017 - 11:04 GMT

Middle East's Investment Banking Fees Down 15 Percent in 2017: Thomson Reuters

The company has been accused of being too closely connected to Russian intelligence agencies responsible for cyber attacks on the US. (Kirill Kudryavtsev / AFP)
July 12th, 2017 - 10:36 GMT

US Government Bans Kaspersky Products Over Cyberspying Accusations

Qatar's support for Gaza and groups like the Hamas is at the centre of the diplomatic crisis. (AFP/ File)
July 12th, 2017 - 10:05 GMT

Qatar to Build New Housing Units in Gaza, Despite Gulf Crisis

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