The first chargers from the collaboration are already installed and available for use
Porsche
Latest in Porsche
automobile business
Porsche Middle East reports 4% growth despite market challenges
The Porsche 911 model achieved record sales in the Middle East region, with a 49 percent increase to 1,914 units
Dubai
E-fuels can drive ‘opportunity’ to bridge ICE-EV gap: Porsche CEO
Porsche’s CEO Oliver Blume discusses the company’s electric vehicle strategy for the Middle East on the side lines of the Icons of Porsche event in Dubai
electric sports car
Porsche sales soar in Middle East, Africa and India, up 47% since 2020
Porsche sales in Middle East, Africa and India up 47% since 2020
automaker
Porsche to unveil new Panamera sports car in Dubai this November
The new Porsche Panamera will have its debut in Dubai on November 24
Andrew Tate
Andrew Tate $5mn car collection seized by Romanian authorities
Following his arrest in Bucharest, the Tate brother’s cars have been seized by authorities while they remain in custody
ADQ
Porsche rises in the headwind; landmark $72 billion listing is a big success
Shares rose nearly 3 percent and closed at $81.88; the biggest listing in Germany in 26 years; Abu Dhabi’s ADX and Qatar’s QIA among cornerstone investors
Frankfurt Stock Exchange
Volkswagen targets $9.4 billion raise in Porsche IPO
The initial public offering (IPO) is the largest of its kind in Europe in over a decade and is expected to reopen European markets, which have been impacted from the ongoing Ukraine-Russia conflict, inflation and high interest rates
Germany
Porsche IPO draws commitments from Qatar Investment Authority, Norway Wealth Fund
The IPO is expected to value the sports carmaker at $84 billion
automobile industry
Volkswagen to list biggest Porsche IPO, valuing sports carmaker at $84 billion
The offering could value Porsche between 60 billion and 85 billion euros ($84 billion), and is targeted for the end of September or beginning of October and is expected to be completed by year end, subject to capital market conditions
Abu Dhabi
Abu Dhabi investors could take part in possible Porsche IPO in Europe
Volkswagen AG, which owns the German carmaker, is said to be considering offering more than 5 percent of Porsche’s preferred stock to anchor investors
luxury car brand
Porsche Middle East’s order book bulges to highest in a decade
Luxury car maker forecasts strong 2022 on back of nearly 7,000 deliveries last year
automotive industry
Porsche Cayenne GTS: The most sensible midlife crisis car you can buy
The Cayenne GTS is a SUV packed full of adventurous, playful touches that speak to the young or the young at heart, while also having speed galore
Automotive
2021: Porsche eyes the road ahead
Dr Manfred Braeunl, CEO of Porsche Middle East and Africa, outlines the luxury carmaker’s plans for a busy year
car review
Video: Why the Porsche Taycan Turbo isn’t just a sports car, it’s a time machine
As the all-electric sportscar debuts in the UAE, Staff Writer gets to grips with the future of motoring.
Al Nabooda Automobiles
In pictures: All-new Porsche Taycan electric car goes on sale in the UAE
Available in three variants comprising the 4S (AED431,800), Turbo (AED601,800) and Turbo S (AED781,800), the Taycan writes a new chapter in Porsche’s 70-year history as it welcomes in the era for electromobility for the luxury sports car manufacturer.
electric cars
Video: World’s first fully electric sports car comes to Dubai
The first fully electric sports car from Porsche spells the beginning of an entire new era for the car brand.