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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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Oman is the most cybersecure country in the Arab world. (Pixabay)
June 20th, 2017 - 10:56 GMT

Cybersecurity: Oman Tops Arab World, Ranks Fourth Globally

Oil prices steadied near seven-month lows on Tuesday. (File photo)
June 20th, 2017 - 10:44 GMT

Opinion: 8 Reasons Why Oil Prices Could Fall Even Lower in Coming Weeks

With this acquisition, Engie becomes Tabreed's key shareholder, along with Mubadala. (AFP)
June 20th, 2017 - 10:14 GMT

France's Engie Acquires 40 Percent Stake in Tabreed From Mubadala

Viceroy hotel on Abu Dhabi's Yas island. (AFP)
June 20th, 2017 - 10:05 GMT

Abu Dhabi's Mubadala Eyes Remaining 50 Percent Share in Viceroy Group

CEO of Qatar Airways Akbar Al Baker speaks at Le Bourget airport, near Paris, on the opening day of the International Paris Air Show. (Eric Piermont/ AFP)
June 20th, 2017 - 09:49 GMT

Qatar Airways Commits to Route, Fleet Growth Despite Rift: CEO

The report has shown a particular increase in appetite for investments in technology-related sectors, such as IT, FinTech, and e-commerce. (File photo)
June 20th, 2017 - 07:00 GMT

UAE Leads Region in Private Equity Investments: Report

Saudi energy minister Khalid Al Falih. (Fayez Nureldine/ AFP)
June 19th, 2017 - 07:00 GMT

Saudi Arabia's Oil Minister Mulls Energy Price Reforms

Some 8,000 workers will be transferred to other companies. (AFP/ File)
June 19th, 2017 - 06:00 GMT

Saudi Oger's Employees to Be Transferred to Other Companies: Ministry of Labor

A drone. (File photo)
June 19th, 2017 - 12:48 GMT

Saudi Arabia Completes First Stage of Drone Factory in Riyadh

Saudi riyals. (File photo)
June 19th, 2017 - 12:38 GMT

Tough Monetary Conditions in GCC as US Fed Hikes Interest Rates

Kholoud Mousa. (SG)
June 19th, 2017 - 12:29 GMT

KPMG Saudi Arabia Appoints Kholoud Mousa as Partner in Jeddah

The report did not say who the navy suspected to be behind the attack. (File photo)
June 19th, 2017 - 12:20 GMT

Saudi Arabia Foils Terror Attack on Key Offshore Oilfield

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