The company behind Ferrari World is investing AED 700 million in new rides and attractions. Miral Asset Management says the investment will support the park’s growth plans. The new rollercoaster ride - Turbo Track - is set to open on March 27. The ride’s tack is 180 metres and it will travel at speed of around 102 km/hr. Three other rides are set to open this year, one's a simulation drive, another a rollercoaster, and the third one's closely guarded secret. Ferrari World will have 39 attractions by the end of the year. Competition in the UAE’s leisure park sector is increasing, with two new parks launching in Dubai last year.

Gulf stocks mixed amid confusion over US-Iran talks
Australia, EU seal long-awaited trade deal
Weaponising Strait of Hormuz is an act of economic terrorism: Sultan Al Jaber
IEA consulting with governments on further oil stock releases, chief Birol says
Dollar rises as escalating Middle East tensions spur haven demand
