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BUSINESS

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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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Al Bawaba
October 30th, 2000 - 02:00 GMT

Foreign banks shy away from Iran FTZ

Al Bawaba
October 30th, 2000 - 02:00 GMT

Alcatel introduces 3G mobile to ME

Al Bawaba
October 30th, 2000 - 02:00 GMT

Bank of Japan leaves rates unchanged

Al Bawaba
October 30th, 2000 - 02:00 GMT

Cable and Wireless plan $1.4 billion fibre-optic network in Japan

Al Bawaba
October 30th, 2000 - 02:00 GMT

Euro rises in Tokyo trade

Al Bawaba
October 30th, 2000 - 02:00 GMT

Sharjah moves towards e-government

Al Bawaba
October 30th, 2000 - 02:00 GMT

Syria creates special bank for investors

Al Bawaba
October 30th, 2000 - 02:00 GMT

Russia, E.U. To Discuss Long-Term Energy Deal

Al Bawaba
October 30th, 2000 - 02:00 GMT

Gov't not expected to compensate contractors affected by rising steel prices

Al Bawaba
October 30th, 2000 - 02:00 GMT

Yemen negotiates with US firm for first private power plant

Al Bawaba
October 30th, 2000 - 02:00 GMT

Iraq insists on switch to euro November 1st

Al Bawaba
October 30th, 2000 - 02:00 GMT

Japan agrees biggest oil operation with Iran

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