5 Articles
Tesla vs camels: Showdown in the desert

The tight grip that camels have traditionally held on oil-free driving in the sandy lands of the United Arab Emirates may be loosening. Although those iconic ships-of-the-desert have long held sway for those who did not want to be beholden to oil companies, vehicles from Tesla Motors may soon begin impinging on their turf. Not only is Tesla in talks to supply sedans to act as beasts of bu

Ferrari boutique opens in Qatar

A new Ferrari Store has opened in Qatar. The boutique shop sells Ferrari accessories at the Alfardan Automotive Center. It's the first store of its kind in the Middle East, which has continued to grow as a leading market for Maranello's finest. Similar to the store at The Wynn in Las Vegas, the Qatar store has clothes, shoes, toys, keychains and other accessories, all bearing the Ferrari logo.

OPEC production cuts send a message to the oil market

With all the talk and rumors over the last month, we expected to see OPEC cut oil production by 1 million barrels per day. However, according to Reuters, Friday's announcement of the deeper than expected cut of 1.2 million barrels seemed to send an intended message to buyers on the oil market: if the price of oil does not stabilize, OPEC would be open to even deeper cuts.