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Ferrari
October 12th, 2025 - 11:12 GMT
Sally Shakkour

Sally Shakkour

Worst day in history! Ferrari loses around $14 billion in 1 day

ALBAWABA - Ferrari lost nearly $14 billion in market value in a single day after revealing plans to produce its first fully electric car. The Italian luxury sports car manufacturer's stock fell 16 percent to $77 billion in one day, marking its worst trading performance ever. This sharp decline came after the Italian luxury car company announced its new five-year plan and details of the Ferrari Electrica electric model, sparking ...
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Syria
October 5th, 2010 - 07:56 GMT

Major projects worth USD10.36 billion underway in Syria

Turbine
October 4th, 2010 - 01:43 GMT

GE Signs Nearly $700 Million Agreements for New, High Efficiency Power Plant in Saudi Arabia

Cityscape opened
October 4th, 2010 - 10:57 GMT

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum opens Cityscape Global 2010 today

Egypt
October 3rd, 2010 - 02:03 GMT

Iran, Egypt resume direct flights

Ibn Battuta Gate Hotel
October 3rd, 2010 - 10:15 GMT

Moevenpick Hotels & Resorts Opens Third UAE Property

IMF
October 2nd, 2010 - 08:12 GMT

IMF says Iraq making economic progress

Emaar
September 30th, 2010 - 12:02 GMT

Emaar Properties Convertible Notes Placing Receives Overwhelming Investor Demand Globally

EQUATE
September 29th, 2010 - 08:05 GMT

EQUATE signs over USD 11 million plant based water recycle project with Aquatech

UAE
September 28th, 2010 - 09:36 GMT

Consumer confidence in the UAE still stable since last quarter

Ernst & Young
September 27th, 2010 - 09:31 GMT

Middle East IPOs raise US$1 billion in H1 2010: Ernst & Young

Shailesh Dash
September 26th, 2010 - 09:37 GMT

MENA Petrochemicals: A Global Advantage…and which companies do you buy?

Mubadala
September 23rd, 2010 - 01:57 GMT

Mubadala revenues from operations grow during first half of 2010

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