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BUSINESS

BUSINESS latest

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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October 15th, 2009 - 02:48 GMT

Saudi accounts for half of SAR 607.5 billion in power projects being developed all over the GCC

Al Bawaba
October 15th, 2009 - 02:40 GMT

Euro Declines As Falling Consumer Prices Lowers Interest Rate Expectations

October 15th, 2009 - 02:03 GMT

Second Hilton hotel in ras al Khaimah opens

Al Bawaba
October 15th, 2009 - 12:28 GMT

USD Graphic Rewind

Al Bawaba
October 15th, 2009 - 11:56 GMT

EUR/USD Sell Recommendation Issued @1.5035 (Daily Classical)

October 15th, 2009 - 11:18 GMT

Dubai Metro expected to play important role in office lease market

October 15th, 2009 - 11:17 GMT

Major concrete pouring for Tameer Towers

Al Bawaba
October 15th, 2009 - 11:15 GMT

Oil, Metals Diverge as US Dollar Stages Uneven Rebound - Where to From Here?

Al Bawaba
October 15th, 2009 - 10:51 GMT

New Zealand Dollar Gains as Inflation Outperforms But Rate Hikes Look Suspect (Euro Open)

Al Bawaba
October 15th, 2009 - 09:42 GMT

ECB Monthly Report: 3Q Expected to Grow at 0.1% versus 2Q

Al Bawaba
October 15th, 2009 - 09:24 GMT

Euro Set to Test 1.5000 (Opening Comment)

Al Bawaba
October 15th, 2009 - 09:24 GMT

Sterling Finally Plays Catch-Up (Morning Slices)

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