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Global trade set to nosedive 20pc in 2020: UNCTADGlobal trade fell by 5% in the first quarter of the year and point to a 27% drop for the second quarter and a 20% annual decline for 2020 as economies struggle to recover from lockdowns imposed due to the Covid-19 outbreak, said UNCTAD in a new More… |
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Global trade set to nosedive 20pc in 2020: UNCTADGlobal trade fell by 5% in the first quarter of the year and point to a 27% drop for the second quarter and a 20% annual decline for 2020 as economies struggle to recover from lockdowns imposed due to the Covid-19 outbreak, said UNCTAD in a new More… |
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ME automobile parts demand to reach $39bn by 2024The Middle East demand for automobile parts and components is expected to grow at a compound annual growth rate (CAGR) of 5.12 percent in volume terms reaching $39.59 billion in 2024, up from $28.14 billion in 2018, according to a recent report More… |
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Mideast auto sales revenue to top 15bn by 2021The Middle East’s sales revenue from engine and car components, systems, tyres, and auto accessories, is expected to surpass the $15-billion mark in the next three years, compared to $12.4 billion in 2017, growing at a compound annual grow More… |
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Mideast auto sales revenue to top 15bn by 2021The Middle East’s sales revenue from engine and car components, systems, tyres, and auto accessories, is expected to surpass the $15-billion mark in the next three years, compared to $12.4 billion in 2017, growing at a compound annual grow More… |
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Al Tayer Motors opens its largest multi-purpose facilityAl Tayer Motors, one of the UAE’s premier automobile dealerships, has opened its largest multi-purpose facility with a 55,000-sq-m built-up area over four levels, near the Dubai Police General Department of Traffic - Al Barsha branch. More… |
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Al Tayer Motors opens its largest multi-purpose facilityAl Tayer Motors, one of the UAE’s premier automobile dealerships, has opened its largest multi-purpose facility with a 55,000-sq-m built-up area over four levels, near the Dubai Police General Department of Traffic - Al Barsha branch. More… |
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Iran sees $3bn contracts with foreign auto firmsIran is expected to finalise six major contracts worth $3 billion in the automotive sector with foreign investors by March 20, an official at Tehran Chamber of Commerce was quoted as saying. Mansour Moazami, the head of Energy Com More… |
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Al Nabooda launches new offer for VW test drivesAl Nabooda Automobiles, the sole distributor for Volkswagen in Dubai and the Northern Emirates, has launched a new competition which will see winners receive their child's school semember fees. All of the r More… |
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Nissan registers 62pc sales increase in UAEArabian Automobiles Company, the flagship company of AW Rostamani Group and exclusive dealer for Nissan in Dubai and the Northern Emirates, has recorded a 62 per cent sales increase of if its crossover models last year. More… |
