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Autos & Transport

FEATURED REPORT...
Posted: 18-12-2008
INTERNATIONAL. The global credit crisis will make 2009 a challenging year for car sales in the exporting Gulf region, top automakers said yesterday. Land Rover, Mercedes-Benz of Daimler and General Motors are among those who have noticed a slowdown in the region during the past couple of months.“There’s been a 10-15% reduction in sales in the last two months due to a lack of financing from banks,” said Mike Devereux, the Middle East managing director of General Motors.“Up to November this year, sales have been up 10% to 134,000 vehicles in this region, an all-time record,” he told Re
Posted: November 18, 2009
INTERNATIONAL. The scope of the contract also includes spare hardware, production investment and sustainment planning.
Posted: November 16, 2009
UAE. Volkswagen Middle East invited its partners in Dubai, Abu Dhabi, Kuwait, KSA, Bahrain, Syria and Oman to participate in the regional round of its 2009 Volkswagen Service Qualification Championship.
Posted: November 15, 2009
INTERNATIONAL. The investment volume for the new plant amounts to US$840 million.
Posted: November 15, 2009
INTERNATIONAL. Rolls-Royce has won an order for Trent 700 engines to power 20 Air China Airbus A330 aircraft.
Posted: November 15, 2009
UAE. Growing population and economic stability trigger increase in demand for new vehicles and auto parts and services.
Posted: November 15, 2009
UAE. The five-door model with the long, flowing rear end unites the best of various vehicle genres.
Posted: November 14, 2009
INTERNATIONAL. Nissan Motor Co will keep the price of its upcoming battery-powered Leaf competitive with similar-sized cars and expects to make money on the vehicle despite the cost of its launch
Posted: November 11, 2009
UAE. MINI fans will be delighted to know that the two commemorative MINI 50 Camden and MINI 50 Mayfair limited edition models will be making their Middle East debuts at the 10th Dubai International Motor Show.
Posted: November 10, 2009
INTERNATIONAL. Qatar plans to sell up to half its Volkswagen preference shares, cashing in on recent gains and raising around US$2.4 billion for possible future deals.
Posted: November 9, 2009
UAE. The big name brands join a growing list of international exhibitors preparing to unveil their latest models, concept cars and technological innovations during the five day event running from 16-20 December 2009.
Posted: November 9, 2009
UAE. Dubai companies owe billions of dollars to Japanese companies who worked on projects such as the emirate's metro and Palm Island, according to the Japanese Consul General.
Posted: November 8, 2009
QATAR. The luxury automotive manufacturer celebrated the occasion on the outstanding, man- made island, located offshore the Arabian Peninsula.
Posted: November 4, 2009
QATAR. has earned the appreciation of players and staff at the recently concluded Sony Ericsson Championship Doha 2009 as official transport provider.
Posted: November 2, 2009
UAE. Kia is hailing the 2009 Road Show a success after over 350 fans and enthusiasts took part, test drove and experienced the full capabilities of Kia's popular vehicles on the nationwide tour.
Posted: November 2, 2009
UAE. Audi Middle East has announced the introduction of two extended warranty packages for the GCC and Levant under the name of Audi warranty plus.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 19, 2009
INTERNATIONAL. A majority of investors expects the US Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.
date:Posted: November 19, 2009
INTERNATIONAL. Faber said, considering the size of the stimulus packages and the monetary printing, the US economy hasn't responded well. What have responded well are asset markets but unemployment is horrrible and the typical household is suffering.
date:Posted: November 18, 2009
INTERNATIONAL. The global health industry is worth around US$4.2 trillion. As GCC countries continue to develop world class healthcare systems, they must avoid pitfalls of the developed markets, according to AT Kearney.
UAE. Dubai ruler Sheikh Mohammed Bin Rashid Al-Maktoum tightened the control of the emirate's largest holding company, the Investment Corporation of Dubai.
INTERNATIONAL. This situation gives rise to increasingly positive prospects for gold and other commodities that may ultimately stand in as the world's reserve currency. And there are some pretty hot speculative prospects - Louis' 'best of the best' - waiting in the wings for the market's next big leg down.