Monday 21 April 2014
 
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Mideast car sales to get major boost: survey

The car sales in the UAE and the rest of the Middle East, Africa and Pakistan (MEAP) region are set to get a major boost in the next two years, when nearly eight out of every 10 people will buy a new or pre-owned vehicle, said a report.

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BMW Mideast sales up 18pc in Q1

BMW Group Middle East has posted an 18 per cent increase in sales growth, powered by robust sales of its 5 Series, during the first quarter of the year.   The company sold a total of 7,460 BMW and Mini vehicles i

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UK investors in call to banks

British investors have called upon investment banks to stick closer to lock-up agreements on sales of company shares after a major transaction, saying it would ensure more stable markets. The Association of British Insurers (ABI)

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Alba Q1 sales figures up 3.1pc

Aluminium Bahrain (Alba) recorded a 3.1 per cent year-on-year increase in sales figures, which rose to 226,472 tonnes during the first quarter.   The production figures were up by 2.1 per cent YOY to reach 232,29

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Time to let CEOs 'decide on pricing matters'

The B2B companies in the Gulf region must let their CEOs take on the responsibility in pricing matters to help significantly improve their profitability, said experts at a recent sales conference in Dubai. The conference was held

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Gold AE signs deal with Gold to go

Gold Arab Emirate (Gold AE), an online trading platform for gold and silver, has signed a deal with Gold to go, the pioneer in direct sales of gold and silver via vending machines.    Under the collaboration

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Al Meera registers 29pc sales growth

Al Meera, a leading retail chain in Qatar, said it has achieved a 29.4 per cent growth in sales for 2013 which soared to QR1.94 billion ($532 million) from QR1.5 billion the previous year. Announcing the  results, Abdulla Bin

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Danube posts $544m turnover

Danube Group, a leading construction and home interior company in the UAE, posted Dh2 billion ($544.3 million) in sales revenue last year.   The company reported a 17 per cent growth in the last six months and wi

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Land Rover sales grow 45pc in Kuwait

Land Rover vehicles' sales in Kuwait increased 45 per cent last year, against 2012.   The Range Rover, contributing to the performance, increased its sales 460 per cent over the previous year, said a statemen

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Nissan eyes ME expansion; team strengthened

Having experienced strong and continuous growth in the Middle East during 2013, Nissan plans to expand its operations in the region. Sales and marketing strategies and campaigns have been developed that will reach new markets and

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