10 BUSINESS Tuesday, September 26, 2017

Tuesday, September 26, 2017 11 Xbee - like a mini FJ Cruiser Mitsubishi e-Evolution SUV coupe teased uzuki has a raft of concepts lined up for the Tokyo Motor itsubishi, the maker of the world-renowned Evo Saudi shares SShow next month, including the Xbee. Mmodels, are a step closer reviving the legendary name Not to be confused with the Scion xB, the Suzuki Xbee later this year will an all-new, all-electric SUV coupe. As (pronounced “Crossbi”) takes the form of a retro off-roader such, the new e-Evolution will be closer to the Mitsubishi in similar style to – but smaller form than – ’s ASX or Outlander PHEV than the giant killing saloons, and discontinued FJ Cruiser. will showcase where the company plans to go in the future. The small is ostensibly based This manufacturer’s new SUV, will use the marque’s on the Hustler , and will 4WD electric drivetrain and feature a ‘low-slung’ profile, as drop on fear appear at the Tokyo Big Sight shown in a teaser of the e-Evolution released by Mitsubishi. convention center. Revealing sharp edges and ‘aerodynamic’ features, it The (carscoops) suggests there is a new design language on the 2017 cards for the brand. (autoexpress) Frankfurt motor show has turned out to be one of the most of FTSE delay interesting events we’ve had in the Dubai of outstanding Islamic bonds . last few years. The audi Arabia’s stock index The trial focuses on Dana’s 2016 show was all fell yesterday on rumours Closing Bell June announcement that it about pure electric Sthat index compiler FTSE would not redeem its sukuk SAUDI dropped 1.4pc to 7,224 points. cars, but this year might not upgrade Riyadh on the grounds that changes we’ve seen a mixture to emerging-market status as in Islamic financial practice DUBAI fell 0.9pc to 3,570 points. of cutting-edge hybrid quickly as hoped. had made them unlawful in hypercars, autono- At the end of the business the United Arab Emirates. It COUNTRY/CURRENCIES BUY SELL ABU DHABI declined 0.7pc to 4,411 points. mous concept cars, con- day on Sept. 29, FTSE will is not clear when the London nected technology – and AUSTRALIA 0.3080 0.3055 announce its decision on court will rule or whether a QATAR rose 0.6pc to 8,449 points. some cracking EVs thrown BANGLADESH 0.00476 0.00465 whether to include Saudi ruling will end the dispute, CANADA 0.3124 0.3092 in for good measure. From Arabia in its secondary EGYPT rebounded 0.5pc to 13,674 points. which is also being fought DENMARK 0.0639 the incredible, F1-inspired emerging market index. in a UAE court. Most other EGYPT 0.0234 0.0217 Project One, to Audi’s intriguing For several weeks the KUWAIT dropped 0.4pc to 6,768 points. Abu Dhabi shares were weak, EURO 0.4587 0.4562 Aicon concept, this year’s show is market had been pricing in a dragging the index 0.7pc HONGKONG 0.04969 0.04929 packed full of tech. Here’s a list of strong chance of an upgrade. BAHRAIN lost 0.9pc to 1,292 points. lower. In Dubai, the index fell INDIA 0.00606 0.00586 the cars you should be excited about. Analysts have predicted Saudi 0.9pc as 20 shares declined BMW i Vision Dynamics INDONESIA 0.00003055 0.00002899 OMAN rose 0.6pc to 5,130 points. IRAN TUMAN 0.000323 Arabia could see around and only nine rose. The i3 and the i8 have a new family member, and it’s called the i Vision IRAQI DINAR 0.000304 $3.2 billion to $3.7 billion Qatar’s index rose 0.6pc, Dynamics. Featuring a range of over 300 miles, the new i Vision Dynamics JAPAN 0.00353 0.003460 of passive fund inflows as a however, as regional investors looks like a BMW 8 Series from the future, and is designed to be a fast and JORDAN 0.5350 0.5354 result, although that would “These are rumours, market index were some of the stepped up their purchases of luxurious pure EV. Although BMW hasn’t said it outright, it’s clear the BMW KOREA 0.00038297 not occur until the decision which cannot be validated or worst performers on Monday. Qatari shares. They accounted i Vision Dynamics is a clear attack on Tesla, and that can only mean the EV KUWAIT 1.249 1.249 actually took effect, probably verified until FTSE makes the Samba Financial Group for roughly 10pc of total sector is about to get more interesting. MALAYSIA 0.0924 0.0921 in late 2018. announcement - nevertheless shed 2.9pc and dairy maker market turnover, bourse data NEW ZEALAND 0.2819 0.2820 Two fund managers told they were strong enough to Almarai lost 3.0pc. showed. NORWAY 0.0506 Reuters that the Saudi stock create nervousness in the In Abu Dhabi, Dana Gas In Egypt, the index rose NEPAL 0.00395 0.00364 0.5pc with tourism-related OMAN 0.98014 0.98301 index fell 1.4 per cent on market today,” said one fund sank 4.1pc, taking its losses PAKISTAN 0.00380 0.00358 Monday because investors manager, who declined to be since Wednesday to a little companies some of the top PHILIPPINES 0.00766 0.00745 were worried that FTSE might named. more than 10pc, as investors gainers. They included Egypt QATAR 0.2831 0.10376 delay the upgrade on the Shares in major companies awaited the outcome of a Resorts, which surged 9.8pc SAUDI ARABIA 0.10058 0.10066 grounds that foreign investors that would probably be London High Court trial on in unusually heavy trade. SINGAPORE 0.2849 0.2829 lacked enough access. included in FTSE’s emerging the validity of its $700 million (Reuters) SOUTH AFRICA 0.02990 0.02980 SRI LANKA 0.00274 0.00248 SWEDISH 0.0505 SWITZERLAND 0.3980 0.3950 SYRIA 0.001740 0.0017 Uber sorry over London mistakes Audi Aicon TAIWAN 0.013100 London with humility, integrity and THAILAND 0.011620 0.011600 he chief executive of Uber passion.” Uber has seen its and Elaine TURKEY 0.1140 apologised yesterday for global popularity explode UNITED KINGDOM 0.5180 0.5151 Audi has unveiled its Aicon concept vehicle at the Frankfurt Motor Show, indicating that “mistakes”T made by the US since it launched in 2009 in BMW 8 Series UNITED ARAB EMIRATES 0.102500 0.102840 it’s ready to focus on a future of fully autonomous electric cars. Meanwhile, the Elaine is a ride-sharing app after London San Francisco, but also faces We haven’t seen the final version of the BMW 8 Series yet, but now we’ve UNITED STATES OF AMERICA 0.37790 0.37800 far less-interesting all-electric SUV coupe in the same bracket as the Audi Q2 and the e-tron got a better idea of what it’ll look like. Instead of showing us the production YUAN 0.056800 0.056800 authorities refused to renew bans in other hubs including Sportback revealed in Shanghai earlier this year. Both cars fall under Audi’s “AI” name, a new its licence, but still vowed to Cape Town, Mumbai, and New version of its 8 Series Concept car, BMW has instead shown us the M8 GTE – a Rates are for indication purpose only. For firm rates or for currencies not listed above please umbrella term for Audi’s suite of autonomous and self-learning technologies. racing version of the new 8 Series. And although it looks pretty extreme, it call Bahrain Financing Company. Telephone: 17228888, Website: www.bfc.com.bh appeal the decision. Delhi. “While Uber had TfL has slammed the actually gives some important clues about what the production 8 Series will revolutionised the way people company for its approach to eventually look like. move in cities around the customer safety, claiming it Jaguar I-Pace eTROPHY world, it’s equally true that was “not fit and proper” to We thought the Jaguar E-Pace would be the star of JLR’s stand, we’ve got things wrong along operate in London -- and gave but instead that turned out to be the I-Pace. That’s because the way,” Uber CEO Dara “public safety and security Jaguar announced the eTROPHY, an all electric racing series that Honda Urban EV COUNTRY 1 US DLR 1 UK STG 1 SFR 100 YEN Khosrowshahi wrote in an implications” as reasons for its will see 20 I-Paces The Honda Urban EV Concept, is going to be the electric car that finally open letter. Uber, CEO, Dara Khosrowshahi decision. BAHRAIN 0.3770 0.5738 0.3869 0.3361 battle it out next wins you over. It has the coolest styling I’ve seen on an electric car, and “On behalf of everyone Transport for London (TfL) its appeal and can continue to The transport body cited year. It isn’t a small it looks like an old Peugeot, VW Golf and iPod, all mixed together. But KUWAIT 0.2855 32.0274 0.2930 0.2545 at Uber globally, I’d like to on Friday said it would not operate until that process has Uber’s approach to reporting scale affair either the best bit? It’s coming to Europe by 2019, and Honda says it won’t apologise for the mistakes renew Uber’s licence to operate concluded. serious criminal offences, how OMAN 0.3849 0.3750 0.3951 0.3431 – the new cham- look that different when it does. we’ve made.” in the capital on expiry, owing Khosrowshahi added in the drivers’ medical certificates pionship will act Instead of a strange, overly futuristic EV, Honda has given us a car that QATAR 3.6420 3.5484 3.7381 3.2466 But he insisted: “We will to public safety concerns. letter: “We won’t be perfect, are obtained, how criminal as the premium looks like a classic, late-80s hatchback with a super-modern twist. There UAE 3.6730 3.5786 3.7699 3.2742 appeal this decision on behalf Uber, which has about but we will listen to you; we will record checks are carried out, support series for are rounded edges, clean lines and delicate curves, and the result is an of millions of Londoners, but 40,000 drivers and some 3.5 look to be long-term partners and its use of technology which Formula E. (alphr) EV that stands out without looking extreme. If Apple were ever to make SAUDI 3.7500 3.6536 3.8489 3.3428 we do so with the knowledge million customers in the British with the cities we serve; and allegedly helps it to evade law an electric car, this is what it’d look like – with a notch of course. that we must also change.” capital, has 21 days to lodge we will run our business enforcement. (AFP)