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Rising Fuel Costs Accelerate Shift Towards Electric and Hybrid Vehicles in the UAE
April 27th, 2026 - 09:56 GMT

Rising Fuel Costs Accelerate Shift Towards Electric and Hybrid Vehicles in the UAE

Consumer demand in the UAE’s automotive market is increasingly shifting towards electric and hybrid vehicles, as rising fuel costs, driven by recent geopolitical developments, reshape purchasing priorities. Recent data highlights a clear and immediate surge in EV interest, with engagement increasing by 24% in the first week of April, which surpasses the 5% growth in gasoline and diesel segments by a considerable margin. This sustained uplift signals more than short-term curiosity, pointing instead to a structural shift in how buyers are evaluating vehicle ownership. This change is not happening in ...
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Deposits in Dubai banks hits record high of $272b
May 18th, 2023 - 11:36 GMT

Deposits in Dubai banks hits record high of $272b

Annual inflation in Kuwait holds near projected March rates
May 18th, 2023 - 11:12 GMT

Annual inflation in Kuwait holds near projected March levels

Dubai Chambers signs trade MoU with Chinese General Chamber of Commerce, Hong Kong
May 18th, 2023 - 10:49 GMT

Dubai Chambers signs trade MoU with Chinese General Chamber of Commerce, Hong Kong

US inventory data suppress oil prices
May 18th, 2023 - 09:04 GMT

US inventory data suppress oil prices

Amazon launches Astro paired with ‘Alexa Together’
May 18th, 2023 - 07:50 GMT

Amazon launches Astro paired with ‘Alexa Together’

Jordan Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:52 GMT

Jordan Gold prices Today Thursday 18 May 2023

Qatar Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:50 GMT

Qatar Gold prices Today Thursday 18 May 2023

UAE Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:39 GMT

UAE Gold prices Today Thursday 18 May 2023

UAE Gold prices Today Thursday 18 May 2023
May 18th, 2023 - 06:36 GMT

KSA Gold prices Today Thursday 18 May 2023

Saudi non-oil sector to grow 4.7% - World Bank
May 17th, 2023 - 01:19 GMT

Saudi non-oil sector expected to grow 4.7% - World Bank

WB projects UAE economy to grow 2.8% in 2023
May 17th, 2023 - 12:52 GMT

WB projects UAE economy to grow 2.8% in 2023

Moody’s to review rating of 5 banks in Egypt
May 17th, 2023 - 12:23 GMT

Moody’s to review rating of 5 banks in Egypt

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