Business

Friday, September 25, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Business

The Torcal, British luxury carmaker Bentley's first fully-electric model, is displayed during a launch event, in London on Wednesday.

Bentley tests wealthy buyers' interest in going electric with first EV

Bentley is betting that wealthy buyers want zero-emission motoring without sacrificing the design cues that have defined the British luxury carmaker for more than a century, reports Reuters. The launch of the Torcal SUV comes just months after Ferrari's first EV drew criticism from some enthusiasts for bearing little resemblance to the Italian brand's traditional low-slung, petrol-powered sports cars. Bentley's debut EV, by contrast, is unmistakably part of the family. It retains styling cues from the company's combustion-engine models, right down to diamond-shaped lights designed to evoke a traditional front grille, even though EVs do not require one for engine cooling. The car also recreates the feel of a V8 engine through a soundtrack based on orchestral timpani, or kettledrums, supported by smaller drums that quicken as the vehicle accelerates. "Our intention was always to make a Bentley first," Bentley CEO Frank-Steffen Walliser told Reuters. "We feel people are not asking for a completely different car just because it's electric." Beyond Ferrari, Rolls-Royce, owned by BMW, is the only other major ultra-luxury carmaker currently selling an EV. Lamborghini, which like Bentley is owned by the Volkswagen Group, has delayed its first EV until the end of the decade. Britain's McLaren said last week it had no plans for an EV, with both citing limited customer demand. Bentley previously delayed the launch of its first EV until 2026 and abandoned a target of becoming fully electric by 2030, saying customers were not ready to make the shift. Unlike Ferrari's electric Luce, which starts at €550,000 ($628,000), the Torcal sits at the lower end of Bentley's range, with a starting price of £173,000 ($230,000).

Qatar Chamber board member Dr Mohamed bin Jawhar al-Mohammed (left) and Badrul Hisham Hilal, trade commissioner of MATRADE, on the sidelines of the Malaysia International Halal Showcase (MIHAS 2026). The

Expanding halal economy opens new avenues for Qatar-Malaysia trade

Bilateral trade between Qatar and Malaysia reached QR402.6mn in the first two months of 2026, signalling continued economic confidence as local commercial interest expands into non-traditional halal sectors. The early momentum follows a robust QR3.10bn in total bilateral trade throughout 2025 and a peak of QR5.76bn in 2024, according to trade figures the Malaysia External Trade Development Corporation (MATRADE) shared with Gulf Times. Highlighting this strategic focus during his participation at the ‘22nd Malaysia International Halal Showcase (MIHAS 2026)’ in Kuala Lumpur, Qatar Chamber board member Dr Mohamed bin Jawhar al-Mohammed explained that local business engagement in halal markets is rapidly diversifying. “The chamber’s participation in the expo reflects the growing interest of the Qatari business community in the global halal economy, which now extends beyond food and beverages to sectors, including pharmaceuticals, cosmetics, tourism, logistics, technology, and packaging,” noted al-Mohammed in a Qatar Chamber statement. Al-Mohammed lauded the strong economic and trade relations between Qatar and Malaysia, emphasising that significant potential exists for further private-sector cooperation to connect Qatari companies with global suppliers, investors, and business partners. Following yesterday’s opening, al-Mohammed toured the MIHAS exhibition halls accompanied by MATRADE officials and held meetings with local and international entities to discuss private-sector partnerships.Al-Mohammed pointed out that MIHAS provides a platform for connecting global producers, exporters, and investors, noting that Qatar Chamber aims to facilitate joint investment opportunities across halal value chains. He met with Norshahrin bin Hamidon, president of the National Chamber of Commerce and Industry of Malaysia, and Dato’ Dr Sirajuddin bin Suhaimee, director general of the Department of Islamic Development Malaysia, to discuss expanding bilateral cooperation. Trade composition between the two nations shows a balanced exchange, with Malaysia serving as a reliable supplier of machinery, electrical products, processed food, and palm oil products, according to MATRADE. Qatar remains a pivotal energy and chemical partner, supplying petroleum products, chemicals, and petrochemical derivatives that serve as essential inputs for Malaysia’s manufacturing, industrial, and energy sectors, MATRADE also reported.