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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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ADNIC reports first quarter 2023 net profit of AED 99.7 million
May 10th, 2023 - 07:10 GMT

ADNIC reports first quarter 2023 net profit of AED 99.7 million

Gold rates in Jordan Today Wednesday 9 May 2023
May 10th, 2023 - 06:45 GMT

Gold rates in Jordan Today Wednesday 9 May 2023

Gold rates in Saudi Arabia Today 9 May 2023
May 10th, 2023 - 06:28 GMT

Gold rates in Saudi Arabia Today 9 May 2023

Gold rates in Qatar Today Wednesday 9 May 2023
May 10th, 2023 - 06:18 GMT

Gold rates in Qatar Today Wednesday 9 May 2023

Emirates Steel Arkan Profit Doubles Year-on-Year to AED 152.2 million in Q1 2023
May 10th, 2023 - 06:13 GMT

Emirates Steel Arkan Profit Doubles Year-on-Year to AED 152.2 million in Q1 2023

Gold rates in UAE Today Wednesday 10 May 2023
May 10th, 2023 - 06:13 GMT

Gold rates in UAE Today Wednesday 10 May 2023

Dubai Customs recognizes partners' contribution to successful Ramadan initiatives with appreciation ceremony
May 9th, 2023 - 10:57 GMT

Dubai Customs recognizes partners' contribution to successful Ramadan initiatives with appreciation ceremony

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

Chinese Automaker BYD Plans to Expand EV Production in Vietnam
May 9th, 2023 - 09:56 GMT

China's BYD to expand EV production in Vietnam

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability
May 9th, 2023 - 07:01 GMT

Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability

Doha Insurance Group's Net Profit Jumps 90% in Q1 2023
May 9th, 2023 - 06:16 GMT

Doha Insurance Group's profit up 90% in Q1 2023

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