Tuesday 19 March 2024
 
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Moove secures $100m Series B round; plans expansion

Moove, a global mobility fintech, has announced that it has raised $100 million in a Series B funding round, to expand its global mobility business and increase vehicle supply.    Moove will use the funds to extend its operations to 16 markets by the end of

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Automechanika Riyadh sees 448pc hike in exhibitor numbers

Automechanika Riyadh sees a record number of exhibitors, with over 280 exhibitors confirmed and more than 8,000 visitors expected during the three-day showcase.   Saudi Arabia’s leading trade show for the automotive aftermarket will return to the Riyadh In

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Hyundai UAE unveils the all-new Santa Fe SUV

Hyundai UAE has announced the arrival of the all-new Santa Fe SUV in the country, with an ‘Open for More’ concept that conveys the model’s radical transformation centered on its new design.   The fifth-generation Santa Fe enhances the midsize S

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MoU signed to explore building commercial trucks in KSA

Saudi Diesel Equipment Company (SDEC), Perfect Arabia Factory for Metal Industries (PAF), an allied business of Bahwan International Group, and Daewoo Trucks have signed an MoU to explore building commercial trucks in KSA.   The MoU represents a promising develo

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INEOS launches Grenadier Quartermaster Chassis Cab

INEOS Automotive has launched a five-seat double cab Chassis variant of the Grenadier Quartermaster pick-up, aimed at specialist vehicle converters and commercial body builders worldwide.   Developed in tandem with the Quartermaster pick-up, the Chassis Cab is e

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EXEED by Al Ghurair opens second UAE showroom

EXEED by Al Ghurair, a premium automotive brand exclusively represented by AG Auto in the UAE, has unveiled its latest showroom in Abu Dhabi.    Marking its second showroom in the country, and its first in the capital, the grand opening was commemorated in

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BMW Group Middle East names new Managing Director

BMW Group Middle East has announced the appointment of Karim-Christian Haririan as the Managing Director, succeeding Dr Hamid Haqparwar who departs the BMW Group after 18 years with the company.   Haririan brings extensive automotive industry experience exclusiv

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TVS Motor strengthens its presence in Saudi Arabia

TVS Motor Company (TVSM) – a leading global automaker that operates in the two and three-wheeler segments – has launched five new products in the two-wheeler segment in Riyadh, Saudi Arabia.    TVS Motor Company will offer a diverse selection of

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Karwa Motors to assemble 5,000 school buses in Oman

Karwa Motors (Oman) has signed an agreement with Oman’s Ministry of Education and the Oman Development Bank (ODB) to assemble and supply  5,000 school buses with the highest safety and security standards.   The agreement marks the beginning of a new e

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Rolls-Royce Motor Cars Dubai opens new luxury showroom

Rolls-Royce Motor Cars Dubai has opened a new luxury showroom in the presence of the marque’s Chief Executive, Chris Brownridge.   “I am delighted to announce the opening of the new Rolls-Royce Motor Cars Dubai showroom here in Dubai. Thanks to its f

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