Israeli news channel InfoLive showcases Frem F1, a car designed by 25 year old Lebanese AUST graduate, David Frem:

A Lebanese domestic posh car was unveiled at the International Auto Show in Detroit on Tuesday, November 16th.
The designer, named David Frem, is a 25 year old graduate of the American University of Science and Technology in Beirut. The car is called Frem F1 and boasts a 16 valve 2.0 liter Volkswagen engine and has a maximum speed of 200 kilometers per hour. It also looks a little like ‘Batmobile’.
Frem stated that he believed that Arabs needed to do something other than constructing buildings. He also claimed that he always had a dream to make a car that could race a Ferrari.

The report is available on YouTube.