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‘$3bn investment opportunities’ in transportation industriesThe Abu Dhabi Department of Economic Development (ADDED) has issued a new guide that allows domestic and international players to invest in a sector projected to reach a combined market size of AED11.04 billion ($3 billion) by 2027. Ahmed Jasim Al Zaabi, Chair More… |
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FEST Auto, ADU to promote sustainable urban mobilityFEST Auto Global Holding Ltd, a global mobility solutions company with a mission to redefine urban transportation, has signed an agreement with Abu Dhabi University (ADU), aimed at fostering innovation in sustainable urban mobility. The agreement outline More… |
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AGMC to launch $136m state-of-the-art facility in Dubai SouthDubai South, the largest single-urban master development, has signed an agreement with AGMC to launch a new AED500 million (136.13 million) showroom and service centre at Dubai South. It will serve customers of its automotive brands BMW, MINI, Rolls Royce and other brands. More… |
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Inaugural future mobility event DRIFTx kicks off in Abu DhabiSome 80 international mobility experts and innovators and 75 global exhibitors are taking part in Abu Dhabi’s inaugural DRIFTx, an international platform and exhibition for smart, autonomous, and sustainable urban mobility applications. The event ignited discussions on the latest trends More… |
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Ethara gearing up to host bigger F1 race in DecemberEthara, the organisers of Formula 1 Etihad Airways Abu Dhabi Grand Prix 2024, are gearing up to deliver a bigger and more exhilarating race weekend (December 6-8) on Yas Island than ever before, as Formula One is set to deliver its biggest season amid the sport's exponential global growth. More… |
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Budget Saudi signs 10-year franchise agreement with ABG GroupBudget Saudi, the kingdom’s leading car rental company, has renewed its Budget & Payless Franchise agreement with Avis Budget Group. The agreement will extend the two entities’ partnership for another 10 years, until 2033. Unitrans Group, through its flagship brand Budg More… |
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Aspire to launch inaugural ‘Abu Dhabi Autonomous Racing League’Abu Dhabi will host on 27 April, a groundbreaking event, welcoming 10,000 spectators to witness the inaugural Aspire Abu Dhabi Autonomous Racing League (A2RL) at the iconic Yas Marina Circuit. This brand-new autonomous racing competition marks a significant milestone in motorsport hist More… |
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Bosch banking on innovations, tie-ups and acquisitionsThe Bosch Group, which has increased its sales and earnings in 2023, is successfully implementing its growth strategy despite a difficult environment. “In the 2023 business year, we achieved our financial targets and strengthened our market positio More… |
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BATC unit lands Riyadh smart parking management contractSaudi-based BATC Investment and Logistics Company has announced that its key subsidiary, Smart Cities Solutions Company, has signed a framework agreement with Arabian Internet and Communications Services Company, for the operation and maintenance of smart public parking spaces in Riyadh City. More… |
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OMODA & JAECOO to take centre stage at Beijing Auto ShowOMODA & JAECOO, the innovative automobile brands dedicated to pioneering the future of travel, have announced their participation at the 2024 Beijing International Automotive Exhibition, set to commence on April 25. Anticipating the grand debut of its heav More… |
