Jeddah floods, Abu Dhabi economy expands, Americana IPO raises $1.8 billion - Trending



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In today's episode, two people die in Saudi Arabia's western coastal city of Jeddah as strong winds and heavy rains close roads and sweep away cars.

Abu Dhabi’s economy expands by 11.2 per cent in the first six months of the year, driven by a robust performance of the oil and non-oil sectors.

Lebanon's divided parliament fails to elect the country's next president for a seventh time.

Americana, the largest quick-service restaurant operator in the Mena region, raises $1.8 billion through its initial public offering.

Company%20Profile
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The%20Roundup
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The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
Updated: November 25, 2022, 6:03 AM