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Mercedes unveils new electric SUV aimed at Tesla’s Model Y

Mercedes-Benz Group AG is broadening its battery-powered line-up with a sport utility vehicle (SUV) that will take on Tesla Inc.’s Model Y in another step towards the automaker’s goal to go all-electric by the end of the decade. The EQE SUV, unveiled on the eve of the Paris car show, will edge out the cheaper Model Y with 590 kilometers ...

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ADX records 16.9% jump in its benchmark index in 9 months

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) continued its strong growth trajectory during the first three quarters of 2022, recording a 16.9 percent surge in its benchmark index, the FTSE ADX 15 (FADX 15). The growth was driven by a rising number of institutional and individual investors on the exchange, a trading uptick on ADX’s fast-growing ...

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UAE protests at Dutch envoy’s interference in Jordan’s affairs

  Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation summoned the ambassador of the Kingdom of the Netherlands to the UAE and informed him of the UAE’s strong protest and denunciation of the interference of his country’s ambassador to the Hashemite Kingdom of Jordan in Jordan’s internal affairs. The ministry affirmed the UAE’s solidarity with the ...

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