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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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During the event
September 3rd, 2019 - 07:03 GMT

Double Podium for Aston Martin in FIA WEC Silverstone Opener

Last month, the Central Bank of Egypt (CBE) cut the overnight deposit rate by 150 basis points to 14.25 percent.
September 3rd, 2019 - 07:00 GMT

Egypt Cuts Interest Rates to Ease Pressure on Budget

Bloom Properties specialises in the development of integrated and sustainable communities that offer an enriching lifestyle and enhanced quality of life.
September 3rd, 2019 - 06:49 GMT

Handover of 304 Units Begins at Bloom Holding’s Soho Square on Saadiyat Island

The average sale price in August was $56.77 a barrel, generating about $6.341 billion in revenue
September 3rd, 2019 - 06:35 GMT

Iraq's Oil Exports Soar to 3.6 Million bpd in August

LG 8K NanoCell TV
September 3rd, 2019 - 06:17 GMT

Real 8K OLED and NanoCell TVs From LG Begin Global Rollout

The Galleria’s much-anticipated expansion which will introduce 200 high-street and international brands, 70 new casual dining options and over 250,000 square feet of entertainment for all ages.
September 3rd, 2019 - 06:09 GMT

Alshaya Brings a Range of Exciting Shopping and Dining Experiences to the Galleria Al Maryah Island in Abu Dhabi

Dubai property shares rose following the announcement, led by a 3.4% jump in Emaar Properties.
September 3rd, 2019 - 06:05 GMT

New Commission Created in Dubai to Study The Needs of Real Estate Market

During the event
September 3rd, 2019 - 06:01 GMT

Ooredoo and Atos Strengthen Their Partnership to Enhance Cybersecurity Services for Qatar’s Organisations

Kaspersky Lab
September 3rd, 2019 - 05:47 GMT

Spam in Q2: Fraudsters Spread Fake Tax-Refund Packed With Malware

During the event
September 3rd, 2019 - 05:39 GMT

Qatar Foundation Hosts Student Orientation Event

Qatar has sought to further its ties with Iran as the country could provide a major economic lifeline during the blockade.
September 2nd, 2019 - 01:30 GMT

Iran Grants Qataris On-Arrival Tourist Visas

Washington and Beijing stepped up their fight on Sunday by imposing additional tariffs on billions of dollars of each other’s goods.
September 2nd, 2019 - 01:00 GMT

China Manufacturing Demand Weak Amid Escalating Trade War

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