“It’s closer to 14 per cent, I think, based on the data that’s available with us carmakers and local dealerships,” said Alex Gu, General Manager, Geely Auto Middle East. “There are still a few Chinese carmakers that do not share their sales numbers, but what we can see is that taken together we now have a double-digit share of the UAE market. It’s the same in Saudi Arabia.
“What makes it interesting is that this shift from 1 per cent share to 14 per cent in the UAE happened quite rapidly, much of which in the last 2-3 years.”
Month: April 2024
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In UAE, China’s Geely is putting its weight behind hybrids
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UAE, Gulf investors cautious
The DFM and ADX indices dropped in early trading in reaction to the latest Middle East crisis that unfolded over the weekend.
The DFM is down by over 1 per cent, while ADX is lower by nearly 0.6 per cent in the first 15 minutes of the market opening after the extended Eid break.
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UAE leaders extend condolences to Sultan of Oman over floods victims
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has sent a message of condolences to Sultan Haitham bin Tariq Al Said of Oman, over the victims of the floods that hit the sultanate, wishing a speedy recovery to all the injured.
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Dubai Municipality issues safety guidelines for rainy weather
Dubai: Dubai Municipality on Monday issued safety guidelines to be followed during rainy weather.
The civic body took to the social media to share tips and guidelines for residents to take preventive measures to minimise the impact of unstable weather conditions.
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Gold prices in Dubai Today Sunday, April 14, 2024
Gold prices in Dubai, the United Arab Emirates (UAE) today, Sunday, April 14, opened at a selling price of AED 8,608.83 per ounce
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Sharjah’s Real Estate Registration links ‘ownership and usufruct deeds’ to UAE Pass
The Real Estate Registration Department in Sharjah has announced the provision of the service of ownership and usufruct deeds of various types in the digital wallet of the UAE Digital Identity (UAE Pass) app, making it the first government department in the emirate to provide this service.
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UAE calls for restraint and to halt escalation in the region
The UAE expresses its deep concern over the developments that the region has witnessed over the past few days, and has called for a halt to the escalation and to avoid exacerbating tensions and instability in the region.
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‘Farhat and the Family’ theatrical performance concluded at National Theatre in Abu Dhabi
Amidst a large audience representing various segments and classes of society, and against the backdrop of the main song urging not to surrender and always hold onto hope to achieve our goals, "Don't give up, never let go of your dream, don't stand still," the theatrical performance "Farhat and the Family" concluded with great success at the National Theatre in Abu Dhabi.
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Emirates Red Crescent conducts 338 free surgeries for children in four countries
Abu Dhabi: Nahr Al Hayat Fund, one of the Emirates Red Crescent Authority’s initiatives in the health field, successfully conducted 338 free surgical operations for children in four countries in its first year.
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UAE participates in 2024 Spring Meetings of IMF and WBG
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Washington D.C., from 15th to 20th April 2024.