The First-Ever Chevrolet Equinox EV Now Available in the UAE, Kuwait & Bahrain
Chevrolet's newest all-electric SUV has officially landed in showrooms across the UAE, Kuwait and Bahrain. With a design that's sure to turn heads, a fun-to-drive performance that makes every ride exciting and innovative technology that keeps you connected and carefree, the Equinox EV offers everything customers love about Chevrolet – now with zero emissions and connected by OnStar – and designed to make the transition to electric driving as exciting and effortless as possible. Starting prices by market:• UAE: AED 169,900• Kuwait: KWD 13,500• Bahrain: BHD 18,300All prices include VAT, three years of OnStar Connected Services¹, including Connect & Protect services, an 8-year/160,000 km battery warranty and a 7kW home wallbox (installation fees not included).
Availability in KSA will be announced at a later date.
© 2000 - 2025 Al Bawaba (www.albawaba.com)
Signal PressWire is the world's largest independent Middle East PR distribution service.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
an hour ago
- Al Bawaba
DFM and ADX Climb as US Market Advances
Just a week ago, markets were clouded by uncertainty as investors weighed the fallout from rising geopolitical tensions – but true to form in 2025, investors stayed the course. Josh Gilbert, Market Analyst at eToro, shares that calm prevailed, and confidence returned, with the S&P 500 and Nasdaq both climbing to fresh record highs. Closer to home, Dubai's DFM broke into new territory, and Abu Dhabi's ADX surged more than 2% in a relief rally, as regional investors mirrored global far this year, we've seen USD $165 billion flow into US equity funds, putting them on track for their third-largest annual haul in history. It's a clear sign that investors are still backing equities, even in the face of looming risks, and the UAE is no exception, with renewed activity and improved sentiment across both DFM and have some big tests ahead. Q2 earnings season kicks off within the next week, the ASX reporting season is fast approaching, and Trump's looming tariff deadline within the next 10 days adds another layer of uncertainty. Each of these will serve as key pressure points that could dent sentiment and test this market rally. While this week is relatively quiet on the earnings front, all eyes will be on vehicle delivery numbers, with Tesla's highly anticipated second-quarter update set to take centre stage on Wednesday. It's a pivotal moment for Tesla, shares are down 15% this year, and anything short of a solid delivery update could deepen investor concerns. Last Friday's PCE reading likely sets up the Fed to keep rates steady through mid-year; the key for US stocks to keep driving higher will be a reassuring earnings cycle and a strong consumer as we go into the second half of the year. S&P500 earnings are set to grow by 2.8% through Q2, which would mark the slowest growth in two years, a slightly tepid growth forecast that may put record highs and valuations in the spotlight.
Al Bawaba
2 hours ago
- Al Bawaba
Tabreed and CVC DIF to acquire Abu Dhabi's PAL Cooling from Multiply Group
CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world's leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi's Multiply Group. The transaction, with an equity value of approximately AED 3.8 billion, includes three long-term concessions in the Abu Dhabi main island area and five long-term concessions on Al Reem Island, and remains subject to customary regulatory approvals. The concessions are serviced by five existing, sustainable district cooling plants and associated networks in Abu Dhabi, with connected capacity of 182,000 refrigeration tons (RT) as of December 2024. An additional plant is currently under construction and three more are in the planning phase. Together the nine plants and eight concessions are expected to represent approximately 600,000 RT. PAL was founded in 2006 and is a prominent player in the UAE district cooling market, catering to landmark residential, commercial and mixed-use developments. The company has eight, long-term concession agreements and partnerships with leading master developers, including Aldar Properties, Modon and Imkan. PAL is strongly positioned on Al Reem Island, which is a strategic destination now fully part of the ADGM free zone, the vibrant financial centre of Abu Dhabi, and is poised to benefit from the expected development ramp-up, with future network expansion already licenced by Abu Dhabi's Department of Energy. Chairman of Tabreed, Dr Bakheet Al Katheeri, emphasised the significance of the partnership: 'Tabreed is always looking to the future and ensuring we remain agile. The acquisition of PAL Cooling with CVC DIF aligns perfectly with our strategic objectives and readiness to adapt to Abu Dhabi's ambitious real estate projects. This year has been historic for Tabreed, with ventures like our Palm Jebel Ali JV and continued growth in Abu Dhabi. These steps position us to meet the UAE's rising demand for sustainable cooling, driven by population growth and decarbonisation targets.' Gijs Voskuyl, Managing Partner at CVC DIF, said: 'PAL Cooling services its clients under long-term, concession-based contracts, in a fast-growing urban environment. The company has a strong track record of developing and constructing high-quality and electrified district cooling plants to deliver reliable, energy-efficient cooling solutions. Building on CVC DIF's long-term track record in the sector, we are delighted to partner with Tabreed, a leading district cooling company in the Middle East. Together with our partners, we are convinced that PAL Cooling is a high-quality investment that will provide our investors with solid returns, while offering the potential for long-term growth and sustainable value creation.' Chief Executive Officer of Tabreed, Khalid Al Marzooqi, added: 'This is turning out to be a truly pivotal year for Tabreed. As we enter a new phase of growth in Abu Dhabi alongside partners, CVC DIF, the benefits brought by this acquisition will be substantial. As part of Tabreed's portfolio, these additional plants will be operated and maintained by the world's leading experts in sustainable cooling. The acquisition also serves to strengthen our already investment-grade status with safe, long-term concession agreements and assured future growth, evidenced by current and planned developments on Reem Island.' Özgür Önder, Head of CVC Middle East, said: 'Our partnership with Tabreed, a regional leader with deep industry expertise, aligns perfectly with CVC's commitment to investing in the UAE, backing mission-critical businesses that support sustainable development across the country.' CVC DIF's investment focus and experience spans key sectors including Energy Transition, Digital Infrastructure, Utilities and Transport – areas that are critical to Tabreed's strategic vision. Its expertise and investment approach makes CVC DIF an ideal partner for a transformative project of this scale. Commenting on the transaction, Samia Bouazza, Group CEO and Managing Director of Multiply Group, said: 'The monetisation of PAL Cooling Holding is a deliberate step in our portfolio optimisation strategy, aimed at delivering superior returns to our shareholders. It reflects our ability to realise significant value from our assets while enhancing liquidity to fuel Multiply Group's next phase of growth – both across our core verticals and on the global stage.' The deal was signed during a special ceremony at Multiply's Abu Dhabi headquarters by Samia Bouazza, Group CEO and Managing Director of Multiply Group, Khalid Al Marzooqi, Chief Executive Officer of Tabreed and Özgür Önder, Head of CVC Middle East, in the presence of Tabreed's Chairman, Dr Bakheet Al Katheeri.
Roya News
17 hours ago
- Roya News
Roya Media Group, 1001 OPS announce strategic partnership to enrich regional media content
Roya Media Group, the leading Jordanian media and entertainment company, has signed a strategic content distribution agreement with 1001 OPS, a UAE-based digital media firm and the force behind the 1001 streaming platform in Iraq. This partnership marks a significant step toward enhancing digital entertainment offerings across Jordan and Iraq through an innovative content-sharing model. Under the agreement, Roya TV Platform will provide exclusive access to its premium digital channels and original productions on the 1001 platform, while 1001 will contribute its high-demand programming, including exclusive series and entertainment content from them to Roya's streaming service on platform. Fares Sayegh, CEO of Roya Media Group, commented on the announcement: "This collaboration underscores our commitment to delivering engaging, locally resonant content to our audiences. By joining forces with 1001 OPS, we're expanding our digital footprint and enabling a richer, more diverse entertainment experience for viewers across the region." As part of the arrangement, Roya's content will appear on digital platform exclusively within Iraq, ensuring compliance with territorial licensing and content security measures. The partnership highlights both Roya Media Group and 1001 OPS's dedication to innovation and collaboration in the MENA region's fast-evolving media landscape. Together, they aim to offer audiences a seamless, high-quality viewing experience enriched with cross-cultural content and regional storytelling. Roya Media Group is Jordan's leading media network, known for its award-winning TV content, cutting-edge digital platforms, and commitment to regional cultural representation.
