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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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June 16th, 2005 - 10:23 GMT

Kuwait: Ratings to notes issued by Gulf Investment Corporation

June 16th, 2005 - 08:44 GMT

Turkey: World Bank approves US$465.4 million loan to support privatization project

Al Bawaba
June 16th, 2005 - 06:45 GMT

Mazad Auction House holds first auction in Dubai

Al Bawaba
June 16th, 2005 - 06:39 GMT

Company wants small investors to benefit from Dubai real estate boom

Al Bawaba
June 16th, 2005 - 06:28 GMT

UAE: First duly elected homeowners association

Al Bawaba
June 16th, 2005 - 06:25 GMT

Emaar Properties to increase capital

Al Bawaba
June 16th, 2005 - 06:22 GMT

Dubai Properties to expand Mazad globally

Al Bawaba
June 16th, 2005 - 06:20 GMT

Emaar sets new record with 10,000th home handover

Al Bawaba
June 16th, 2005 - 06:15 GMT

Kuwait Financial Center Real Estate Fund recommendS distribution

June 16th, 2005 - 06:02 GMT

Jordan: Exports rise by 116% in four years

June 16th, 2005 - 05:51 GMT

Air Cairo to become first Middle East customer for Airbus A318

Al Bawaba
June 16th, 2005 - 05:38 GMT

Bahrain: New real estate firm announced

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