Autos & Transport

FEATURED REPORT...
Posted: 11-08-2011
INTERNATIONAL. Internal combustion engines are improving their ability to cut CO2 emissions at a lower cost than expected, and, as a result, carmakers should be able to meet 2020 emissions targets mainly through improvements to conventional technologies, according to a new report by The Boston Consulting Group. The report, Powering Autos to 2020: The Era of the Electric Car?, was released recently. Internal-combustion-engine (ICE) technologies offer the potential to cut tailpipe emissions of carbon dioxide by approximately 40% at a cost to consumers of US$50 to US$60 per percentage point of
Posted: April 17, 2014
UAE. Increase in market share for Jaguar Land Rover across GCC, Levant and Morocco; MENA now 5th largest market for Jaguar and Land Rover globally.
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 14, 2014
UAE. Additional performance and efficiency without compromise to luxury; First application of hybrid power available in 2017 in the Bentley SUV.
Posted: April 11, 2014
UAE. More than 60% awarded in the Construction (real estate) sector, followed by the Oil sector (21%) and the Transport sector (8%).
Posted: April 4, 2014
UAE. Bold new concept will showcase Land Rover's design vision for a new family of Discovery vehicles.
Posted: April 2, 2014
INTERNATIONAL. Forward-looking travel bags for progressive driving made from carbon fibre.
Posted: March 27, 2014
UAE. Leading speakers at event, which featured a high-powered panel of experts from the automotive aftermarket, highlighted key issues that impact trade.
Posted: March 27, 2014
UAE. The first phase of the project includes elevating Sheikh Zayed Road (six lanes in each direction) and relocating utilities using micro tunneling to facilitate the canal construction.
Posted: March 25, 2014
UAE. Etihad Rail partners with DB Schenker Rail, Europe's largest rail freight business, provide railway operations and maintenance expertise.
Posted: March 21, 2014
Qatar. The tender, which could go over 8 billion riyals (US$2.2 billion) according to one source, would be the final one for phase one of the metro.
Posted: March 21, 2014
UAE. "It will create a completely new segment in the SUV market," says Dr Wolfgang Schreiber, Chairman and Chief Executive at Bentley Motors.
Posted: March 20, 2014
QATAR. Qatar's projects market grew 26% last year with awards worth as much US$20 billion.
Posted: March 19, 2014
UAE. US$20 billion of transport projects forecast to be awarded during 2014; Rail sector accounts for 60 % of transport projects to be awarded in 2014.
Posted: March 13, 2014
UAE. The expansion of e-commerce initiatives across the UAE is an exciting development for the region as a whole. The current technological infrastructure will be transformed.
Posted: March 5, 2014
INTERNATIONAL. Integrated in the instrument panel of the new XchangE from Rinspeed, the exclusive Patravi TravelTec automatic from Carl F. Bucherer is a striking statement of the meaning of time for travelers.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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