Saudi Arabia's ride-hailing industry witnessed solid growth in the first nine months with over 51.8 million trips facilitated by 46 licensed services across the kingdom. This surge in activity resulted in earning worth over SAR1.1 billion ($292 million).
British-born brand MG Motor has announced the official launch of its new MG5 in the Middle East, following its regional debut at Jeddah International Motor Show. The compact sedan boasts a combination of bold design, cutting-edge technology and comfort.
Al Ghandi Auto, a key automotive retailer group in the region, has teamed up with Cadillac Arabia to break ground on its 82,495-sq-ft facility in Abu Dhabi. Set for completion in 2026, the Experience Center will feature an open sales area and VIP lounge.
The UAE's automotive aftermarket industry is poised for solid growth over the next four years and is likely to hit $1.91 billion by 2028, mainly due to the increasing involvement of Southeast Asian automotive companies, said a report.
Automechanika Dubai has revealed that the UAE's automotive aftermarket sector is poised to hit $1.91 billion by 2028, driven by rising vehicle ownership, advanced technology, and strong demand for parts and services.
MG Motor Middle East made three key launches at this year’s Jeddah International Motor Show (JIMS).
Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, said it has entered into a non-binding agreement with Abu Dhabi-based CYVN Holdings to explore a potential partnership to accelerate the next chapter of auto giant McLaren’s growth.
MG Motor Middle East has announced its plan to launch three new models in the Middle East during the Jeddah International Motor Show.
The Saudi Transport General Authority (TGA) has launched the pilot phase for hydrogen-powered vehicles in the private taxi sector, thus marking a significant milestone for the kingdom. These vehicles have a 350km range and can run for eight hours a day.
By the end of 2025, 85 million electric vehicles (EVs) - cars, buses, vans and heavy trucks – are expected to be on the road, according to the latest forecast by management consultancy Gartner.
