Saturday 27 July 2024
 
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Dubai Taxi records $297m revenue in H1

Dubai Taxi Company (DTC) has reported a 14% revenue growth for the first half thus taking the total to  AED1.09 billion ($297 million) mainly driven by the core taxi segment. The limousine and the bus segment too posted solid revenue growth.   Announcing it

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Coventry University researchers publish new mobility guide

Researchers at Coventry University have contributed their expertise acting as technical authors for a new guide for operating autonomous vehicles.   The guide, titled BSI Flex 1887 - Human Factors for Remote Operation of Vehicles – Guide v1.0 and developed

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Omoda & Jaecoo to launch electric Omoda E5 in UAE

Omoda & Jaecoo, the innovative automotive brand dedicated to pioneering the future of travel, has announced its latest all-electric SUV, the Omoda E5.     Following previous announcements of the Omoda C5 and Jaecoo J7, Omoda E5 will be the third mo

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Mumtalakat hails McLaren F1 team on Hungarian Grand Prix victory

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, has congratulated the McLaren Formula One Team, which secured both first and second positions at the Hungarian Grand Prix on Sunday.   Shaikh Salman bin Khalifa Al Khalifa, Mi

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Mace installs 12 Tesla Supercharger stations at DFC in Qatar

Mace, the leading project and programme delivery consultancy, has completed the installation of 12 Tesla Supercharger stations at Doha Festival City (DFC) in Qatar.   The stations, which are the first Tesla Superchargers in Qatar and became fully operational las

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RTA announces $299m purchase deal for new Euro6 buses

Dubai's Roads and Transport Authority (RTA) has announced that it has awarded a purchase order worth AED1.1 billion ($299 million) for the purchase of 636 buses of various sizes, that comply with the European specifications for low carbon emissions (Euro 6).   

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Budget Saudi unit completes acquisition of AutoWorld

The United International Transportation Company (Budget Saudi) has announced that one of its key subsidiaries, Al Jozoor Al Rasekha Trucking Company, has successfully acquired the entire stake in Al Jazeera Equipment Company (AutoWorld).   A leading player in th

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BMW posts strong H1 growth in EVs and premium segment

With 179,557 fully electric vehicles delivered, the BMW brand achieved a +34.1% increase in BEV sales in the first half of 2024 compared to the previous year.    Overall, the BMW brand grew by +2.3% compared to the previous year's period with 1,096,486

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Final consignments for RM Sotheby’s auction on July 27

RM Sotheby’s has announced a final selection of consignments coming to its inaugural Tegernsee sale on July 27, which will take place alongside the brand-new Concours of Elegance Germany which runs from July 22 to 27.   Among the standout lots is the 1966

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Audi Q7 7-seater elevates luxury and space

Audi Middle East has announced the arrival of the new Audi Q7, a vehicle that redefines luxury comfort, cutting-edge design, and powerful performance in the luxury SUV segment.    Building on Audi's legacy of excellence, the Q7 combines advanced technol

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