High-end car makers debut in Middle East

The Middle East's love for exotic, hand crafted and desirable cars makes the Dubai International Motor Show a haven for a number of burgeoning new companies making their international motor show debut..... Read more »

Posted on : 11/13/2015

UAE- India Economic Forum to boost investments in India

The inaugural UAE-India Economic Forum is all set to open its doors to delegates next week when it will play host to an elite gathering of senior dignitaries, government officials and business leaders including a distinguished panels of speakers who will discuss strategies and solutions to investor challenges in India..... Read more »

Posted on : 11/13/2015

Lufthansa Technik to move to Dubai South

Lufthansa Technik Middle East is planning to move its operational facility to Dubai South by the third quarter of 2016, its CEO said. "Currently, we have a facility at Dubai Airport Free Zone Authority, or Dafza, but we need to increase our capacity and capability due to the growing demand. Dubai South will not only connect us to our customers but is also strategically closer to the airport..... Read more »

Posted on : 11/12/2015

Chinese cars may win 10% of UAE market

<p>Dubai: Going by the industrious way they have gone about building their presence here in the last three years, it may not be too much of a stretch for Chinese automotive brands to win a 10 per cent market share by 2020. A few large fleet orders and further gains in selling commercial vehicles could easily set them up towards that sizeable share, industry sources say.</p>.... Read more »

Posted on : 11/12/2015

UAE consumer spending rises 10% despite Chinese, Russian slump

<p>Spending in the UAE increased by 10 percent in the first three quarters of 2015, compared to the same period last year, according to a new report on consumer spends by Network International, the payment solutions provider. </p>.... Read more »

Posted on : 11/12/2015

Apple Music launches on Android to tap billion-strong new audience

Apple has launched an official Android app for its Apple Music streaming service, just over four months after its debut on iOS..... Read more »

Posted on : 11/11/2015

India's Tata Steel partners with IDC in the Middle East

<p>Indian steel giant Tata Steel has announced a partnership with the International Development Company (IDC) to strengthen its presence in the Middle East.</p>.... Read more »

Posted on : 11/11/2015

Muscat City Centre completes 35mn expansion

<p>Majid Al Futtaim's City Centre Muscat yesterday inaugurated the final phase of its RO35 million expansion, under the patronage of HE Ahmed in Nasser bin Hamed al Mahrizi, Minister of Tourism.</p>.... Read more »

Posted on : 11/11/2015

UAE car sales can still touch 420,000 units this year

Dubai: Despite the rather extended slowdown in buying activity between Ramadan and the end of the summer, chances are that car sales in the UAE could still cross the 420,000 unit mark this year..... Read more »

Posted on : 11/10/2015

Careem raises US$ 60 million in new funding with The Abraaj Group as lead investor

<p>- Careem is the leading app-based car service in the region covering 20 cities from Morocco to Pakistan</p> <p>- New investment from Abraaj, Al Tayyar Travel Group ( Al Tayyar ) and other investors will drive growth into new markets and cement Careem's leading position in region's major cities</p>.... Read more »

Posted on : 11/10/2015