Saturday 30 July 2016
 
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VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Euro

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VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Euro

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Duqm electricity demand expected to grow substantially

Electricity demand in Duqm, where one of the Middle East’s most ambitious industrial and economic hubs is currently under development, is anticipated to grow 10-fold to 650 megawatts (MW) by the year 2025, said a report. Thi

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Duqm electricity demand expected to grow substantially

Electricity demand in Duqm, where one of the Middle East’s most ambitious industrial and economic hubs is currently under development, is anticipated to grow 10-fold to 650 megawatts (MW) by the year 2025, said a report. Thi

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Huge stocks overhang threatens oil price recovery: IEA

The global glut in oil is refusing to ease and acts as a major dampener on crude prices despite robust demand growth and steep declines in non-Opec production, the International Energy Agency said.   The IEA, whi

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ME air freight demand climbs 3.2pc

Middle Eastern carriers saw air freight demand expand by 3.2 per cent and capacity rise 9.5 per cent in May 2016 compared to the same period last year, new data showed. Despite carriers in the region reporting the fastest growth i

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ME carriers drive global air traffic demand in May

Middle Eastern carriers registered the strongest year-over-year traffic growth with its capacity increasing 15.6 per cent in May compared to a year ago, according to data released by International Air Transport Association (IATA). The a

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Oil dips on economic concerns, demand woes

Crude prices dipped in early trading on Tuesday, with Brent falling back below $50 per barrel as economic concerns took center stage with many analysts saying oil demand will stall later this year. International benchmark Brent cr

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Boeing boss says commercial jet demand strengthening

Demand for passenger jets is strengthening, Boeing Co chief Dennis Muilenbeurg was quoted as saying on Thursday in an interview with French newspaper Le Figaro. "In commercial aviation, demand is not dipping, on the contrary,

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Riyadh sees demand for apartment, villas

The demand for apartments and small-sized villas in Riyadh, Saudi Arabia, remained robust in 2015, but the sale prices of apartments and villas were subdued, said a report. The waiting period in residential compounds ranged betwee

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