Sales of $10 million-plus homes in Dubai rose 19 per cent in the first quarter
Author: UAEPress_Admin
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In a historic weather event, the UAE witnessed its heaviest rainfall on record in the past 24 hours. Surpassing anything documented since the start of data collection in 1949, the downpour impacted numerous regions across the country.
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Dubai International (DXB) is advising passengers not to come to the airport, unless absolutely necessary due to the unprecedented weather conditions in the country.
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In UAE, China’s Geely is putting its weight behind hybrids
“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.”









