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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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IoT already connects more than 10 billion devices worldwide. (File photo)
June 25th, 2017 - 06:09 GMT

IoT Will Generate $4 to $11 Trillion By 2025: Report

Saudi men chat outside the Saudi Stock Exchange in Riyadh. (AFP/ File)
June 25th, 2017 - 05:25 GMT

What Is MSCI Emerging Market Index, and Why Is It Good for Saudi Arabia?

Egyptian president Abdel Fattah el-Sisi. (AFP/ File)
June 22nd, 2017 - 11:00 GMT

Opinion: Is Sisi Pushing Egypt off a Cliff?

Uber's CEO Travis Kalanick stepped down from his position on June 20, 2017. (Tobias Hase/ AFP)
June 22nd, 2017 - 10:59 GMT

Uber's CEO Quits: Is an IPO Now Possible?

All allowances, bonuses and financial benefits will be restored with retrospective effect. (File photo)
June 22nd, 2017 - 10:42 GMT

Saudi Arabia Restores Perks of State Employees

WhatsApp introduced the video and audio calling feature in April last year. (File photo)
June 22nd, 2017 - 10:33 GMT

WhatsApp Video, Audio Calls Now Available in UAE

Islamic finance is set to slow next year. (Adek Berry/ AFP)
June 21st, 2017 - 01:43 GMT

Islamic Finance Growth to Slow Down in 2018: Report

An Austrian soldier stands guard outside the OPEC headquarters in Vienna on November 29, 2016. (Joe Klamar/ AFP)
June 21st, 2017 - 01:22 GMT

Opinion: OPEC Made These 5 Mistakes Between 2014 and 2017

Healthcare providers in the GCC region are under fire. (Pixabay)
June 21st, 2017 - 12:56 GMT

85 Percent in GCC Call for Better Healthcare Services: Survey

A construction employee working atop a skyscraper in Dubai. (File photo)
June 21st, 2017 - 12:44 GMT

Arabtec Increases Share Capital to $1.6 Billion, From $1.2 Billion

3D printed ball. (File photo)
June 21st, 2017 - 12:11 GMT

Immensa Technology Labs Launches First 3D Printing Facility in UAE

Model of Turkey's Akkuyu nuclear plant. (Anadolu)
June 21st, 2017 - 11:58 GMT

Russia's Rosatom Plans to Sell 49 Percent Stake in Turkey's Nuclear Plant

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