Top five dune bashing off-roaders revealed

Top five dune bashing off-roaders revealed
The 2021 Ram 1500 TRX Crew Cab, a full-size off-road-focused truck that can carry up to five people comfortably. (Supplied)
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Updated 05 May 2021

Top five dune bashing off-roaders revealed

Top five dune bashing off-roaders revealed
  • Automakers design more vehicles with off-road in mind
  • New vehicles have better traction and clearance

Automakers are increasingly building more SUVs and trucks that are specifically designed for off-road driving. With special enhancements to improve traction, ground clearance and even visibility, these vehicles can climb over rocks or blast over sand dunes that would leave regular trucks or SUVs stuck, stranded or possibly broken.
Edmunds experts report on five ultra-capable off-roaders that are either already on dealer lots or worth waiting for in the coming months.

2022 FORD BRONCO
After a long hiatus, the Bronco is back. This new Bronco stylistically pays homage to the 1960s original and adds more capability and technology. A direct rival to Jeep’s Wrangler, the new Bronco has rugged body-on-frame construction and standard four-wheel drive. It will be available in two-door and four-door body styles and have plenty of available customizing accessories.
Ford will fit the Bronco with off-road assist features such as trail cameras to more easily see obstacles, locking differentials to enhance traction, and skid plates and big tires to help it clamber over rocks. The Bronco also has removable doors and fenders to allow for an open-cockpit experience. There are even optional drain plugs in the floor so you can more easily wash out the interior at the end of the day. Expect to see the Bronco at dealerships in late 2021. Starting manufacturer’s suggested retail price: $30,000 (estimated)

2021 FORD F-150 RAPTOR
The Ford F-150 is completely redesigned for 2021, and it features improved interior materials, refreshed design and upgraded technology features. Along with those changes comes the latest version of the off-road-focused Ford Raptor.
Notably, the new Raptor uses a coil-spring rear suspension instead of the regular F-150′s leaf-spring design. This should improve off-road stability and traction. For power, the Raptor will have a turbocharged 3.5-liter V6 good for around 500 hp. Additional enhancements such as Fox monotube shocks and available 37-inch tires mounted on lightweight wheels further boost the Raptor’s dune-busting capability. It should hit dealers this summer. MSRP: $60,000 (estimated)

2021 JEEP WRANGLER RUBICON
It would be odd to leave the Jeep Wrangler off a list of off-road vehicles. With standard four-wheel drive and features such as disconnecting sway bars to enhance wheel articulation and pre-installed connections for modifications like a winch or off-road lights, there’s plenty of capability baked into the Wrangler Rubicon.
Jeep is keeping the Wrangler fresh in 2021 with two new versions. First up is the Rubicon 392. The 392 refers to the V8 that generates 470 horsepower, making it the most powerful factory Wrangler ever. And if a growling V8 isn’t your style, there’s even a new plug-in hybrid Wrangler called the 4xe. It’s available in the Rubicon trim and can go about 20 miles on all-electric power. Wrangler Rubicon starting MSRP: $40,370 with destination fees

2021 LAND ROVER DEFENDER
We recommend taking a closer look at the recently reintroduced Land Rover Defender if you’re looking for a bit more luxury from your off-roader. Taking on off-road duties with a bit more finesse than most rivals, the Defender has sleek styling, a wide range of available options, and a comfortable interior not often found in the most rugged of vehicles.
Hardware such as a low-range gearing and an adjustable air suspension helps the Defender get where it needs to go. And interior features such as heated seats, leather upholstery, and even a refrigerated compartment for drinks help it feel that much more special along the way. New for 2021 is a two-door version, the Defender 90, that joins the four-door Defender 110. Coming soon is an optional 518-horsepower supercharged V8. Starting MSRP: $47,450

2021 RAM 1500 TRX
Based on the standard Ram 1500 light-duty pickup truck, the TRX uses the same engine as Dodge’s Charger and Challenger Hellcats. It’s a supercharged 6.2-liter V8 that produces 702 horsepower and 645 lb-ft of torque. The devilishly powerful TRX is capable of sprinting from zero to 60 mph in fewer than 4 seconds, a metric that any muscle-car owner could be proud of.
More than just a horsepower monster, though, the TRX uses wide-body fenders, a 2-inch chassis lift, a reinforced steel frame and 35-inch tires to considerably boost its off-road prowess compared to a regular Ram 1500. Like the Ford Raptor, the TRX is capable of serious high-speed desert travel. Starting MSRP: $71,890


All you need to know before trading on Tadawul today

All you need to know before trading on Tadawul today
Updated 11 sec ago

All you need to know before trading on Tadawul today

All you need to know before trading on Tadawul today
  • The main index TASI closed 0.6 percent lower at 12,068 points, partially shrugging off gains from the past two weeks

RIYADH: Saudi Arabia’s stock exchange fell for a second consecutive day on Monday as cautious trading took over, and investors braced for more earnings announcements.

The main index TASI closed 0.6 percent lower at 12,068 points, partially shrugging off gains from the past two weeks. The parallel Nomu market slipped 0.5 percent to 25,573 points.

This was in line with other GCC stock exchanges, which were all down except for the Qatari bourse which saw a 0.3 percent rise in its QSI index.

Dubai’s DFMGI led the fallers as it registered losses amounting to 2 percent.

Bourses of Abu Dhabi, Bahrain, Oman, and Kuwait all edged down from 0.1 to 0.5 percent.

The Egyptian EGX30 index retreated 0.3 percent.

In energy trading, Brent crude oil reached $86.9 per barrel, and US benchmark WTI crude oil was at $83.8 per barrel as of 8:46 a.m. Saudi time.

Stock news

  • Riyadh-based Saudi Public Transport Co., also known as SAPTCO, sealed a SR57.5 million ($15 million) public transport deal with the authority of Saudi Arabia’s Madinah Region
  • Car rental firm Theeb Rent a Car has closed a SR27 million leasing agreement for four years with the Ministry of Human Resources and Social Development
  • Saudi petrochemical firm SABIC Agri-Nutrients has completed a SR1.2 billion partial acquisition in Dubai-based ETG Inputs Holdco LTD
  • Alandalus Property Co. has completed 70 percent of Al Jawharah Al Kubra project in Jeddah
  • Al Rajhi Capital, manager of Al Rajhi REIT Fund, has completed the extension of the limit on Shariah-compliant facilities granted to the fund by an amount of SR600 million
  • BinDawood Holding Co. is working with its legal advisor to compensate for the damages suffered because of the lawsuit filed against subsidiary Danube Co. for Foodstuffs and Commodities

Calendar

Jan. 25, 2022

End of East Pipes Integrated Co.’s initial public offering subscription

Saudia Dairy and Foodstuff Co., SADAFCO, to pay cash dividends at SR3 per share for the first half of its fiscal year

Jan. 27, 2022

End of Gas Arabian Services’ IPO book-building

End of Scientific and Medical Equipment House’s IPO book-building

Jan. 28, 2022

End of Elm Co.’s IPO book-building 

 


Chemicals sales soar as Saudi non-oil exports grow by 26%

Chemicals sales soar as Saudi non-oil exports grow by 26%
Updated 20 min 23 sec ago

Chemicals sales soar as Saudi non-oil exports grow by 26%

Chemicals sales soar as Saudi non-oil exports grow by 26%

RIYADH: Outgoing chemical shipments picked up pace significantly prompting the Saudi non-oil exports growth to hit an annual rate of 26.1 percent in November, according to data released by Gastat.

Exports of chemicals or allied industries expanded went up by 70.6 percent from a year ago and made up 34 percent of non-oil merchandise exports.

More to follow


Alandalus Property completes 70% of ‘The Village’ project in Jeddah

Alandalus Property completes 70% of ‘The Village’ project in Jeddah
Updated 29 min 8 sec ago

Alandalus Property completes 70% of ‘The Village’ project in Jeddah

Alandalus Property completes 70% of ‘The Village’ project in Jeddah

RIYADH: Alandalus Property Co. completed 70 percent of the Al Jawhara Al Kubra project in Jeddah, according to a bourse statement.

The company completed 100 percent of the structure and concrete works, 80 percent of facades, 70 percent of electromechanical works, and 65 percent of interior finishings, it said in a statement to the Saudi stock exchange.

The project is expected to complete in the second quarter of 2022, as per the latest report received from the developer partner. It will be operational in the third quarter of 2022, Alandalus said.

There is a change in the cost by SR22.34 million ($5.95 million), making the total cost including the land value SR895.34 million, the company said.

This is mainly due to an increase in the built-up area, the implementation of additional works in the entertainment area, and some other works on the site, according to Alandalus.

The project is named “The Village,” and the trade name for the owner company Al Jawhara Al Kubra Co. will not be changed.


Madinah public transport to be improved after $15m deal

Madinah public transport to be improved after $15m deal
Updated 30 min 56 sec ago

Madinah public transport to be improved after $15m deal

Madinah public transport to be improved after $15m deal
  • The Riyadh-based transport company, which operates local and international routes, signed the deal with the Madinah Region Development Authority

The Saudi Public Transport Co. has signed a public transport contract in Madinah with the city’s development authority, with a total value of SR57.5 million ($15.3 million)

The Riyadh-based transport company, which operates local and international routes, signed the deal with the Madinah Region Development Authority.

The contract is valid for five years, the company said in a bourse filing, and is expected to have a positive impact on the company’s revenues from the first half of 2022.


Egypt eyes up to 15% higher revenues to finance wage hikes

Egypt eyes up to 15% higher revenues to finance wage hikes
Updated 36 min 28 sec ago

Egypt eyes up to 15% higher revenues to finance wage hikes

Egypt eyes up to 15% higher revenues to finance wage hikes
  • Ahmed Kojak said higher revenues would help set aside provisions to improve workers’ wages

Egypt is planning to raise revenues by 13 to 15 percent in the 2022/23 fiscal year budget to fund wage hikes, the Deputy Minister of Finance for Financial Policies said.

Ahmed Kojak said higher revenues would help set aside provisions to improve workers’ wages, in addition to enhancing the country’s infrastructure and mitigating the government’s deficit, Al Arabiya has reported.

Egypt’s government targets to grow the economy by 5.7 percent in the 2022/23 fiscal year and to reduce the debt’s percentage of GDP to below 90 percent.

The Egyptian fiscal year starts from June and ends in July of the following year.

Previously, the Ministry of Finance raised its budget deficit forecast for the next fiscal year to 6.3 percent from an earlier 6.1 percent estimate and expected to make a primary surplus of 1.5 percent.

In other related developments, the North African country made a deficit of 3.9 percent as a share of GDP in the first half of the 2021/22 fiscal year. This is compared to 3.6 percent and 4.1 percent in the previous two years, Asharq reported, citing an interview with Mohamed Maait, the head of the Ministry of Finance.

Egypt is expected to make a primary surplus of 1.1 to 1.2 percent in the current fiscal year, reflecting the government’s ability to cover all of its expenses, excluding interest payments.

Looking at financing options, Maait said the country will issue samurai bonds – yen-denominated bonds issued in Tokyo by non-Japanese entities – before the end of June. The amount would be relatively small at $500 million or less.

Meanwhile, wheat prices could particularly hit the country’s finances with a value estimated at 12 billion pounds ($764 million) for the current fiscal year as poor weather conditions impacted the grain’s crops from different exporters. Additionally, Russia – which is usually the largest provider of wheat to Egypt – imposed taxes on exports to limit outgoing sales.

Egypt is the world’s largest importer of wheat, buying around 12.9 billion tons of the commodity for the government in 2020.