Dubai / Emirates Business The exclusive distributors of Toyota car in the Emirates, Al-Futtaim Motors have officially launched the fourth gen Toyota Prius. It is considered to be one of the most popular hybrid cars in the world. Toyota Prius was the world’s first mass-produced hybrid vehicle, when it was launched in 1997. Prius fourth generation’s first look was unveiled ...

Doha / WAM Qatar’s tourism and hospitality industry is building momentum as it enters the second half of the decade, with an ambitious target of four million visitors by 2020, supported by US$40-45 billion worth of sector investment under the country’s National Tourism Sector Strategy 2030 plan. The Gulf state returns to ATM this year to showcase its expanding hotel ...

CARACAS / Bloomberg Venezuela boosted gasoline prices for the first time in almost two decades and devalued its currency as President Nicolas Maduro attempts to address triple-digit inflation and the economy’s deepest recession in over a decade. The primary exchange rate used for essential imports, such as food and medicine, will weaken to 10 bolivars per dollar from 6.3, Maduro ...