Friday 31 July 2015
 
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Automotive

Dubai motor show attracts top auto makers

The booming automotive industry in the Middle East is witnessing rapid growth and global interest in this year’s Dubai International Motor Show (DIMS), which is set to return in November. The organisers of the 13th edition o

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Mideast, Europe corporate cash pile hits $959bn

Corporate cash piles rose by 6 per cent to EUR870 billion ($959 billion) in the year ending December 2014 in Europe, the Middle East and Africa (EMEA), said a special report published by Moody's Investors Service. Of this cash

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Greek crisis ‘could hit global industries sector'

Besides the financial sector, the Greek crisis could affect industries, such as shipping, automotive and textile, a report said. The Greek economy accounts for only two per cent of the EU’s GDP, but any news on the country i

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India automotive bearing market set to bounce back

India’s automotive sector is set to revive back after sluggish demand during the period 2012-14, according to a report. The increasing consumer confidence and recovery of the economy has pushed the market towards positive gr

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Nissan posts record sales in Mideast

Nissan maintained its status as the fastest-growing automotive brand in the Middle East for the third consecutive year, selling a record-breaking 219,129 units in the 2014 financial year – up 3.3 per cent on 2013. In additio

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Nissan posts record sales in Mideast

Nissan maintained its status as the fastest-growing automotive brand in the Middle East for the third consecutive year, selling a record-breaking 219,129 units in the 2014 financial year – up 3.3 per cent on 2013. In additio

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Construction to boost fasteners market to $104bn

Growing construction spending coupled with increasing demand for fasteners in automotive industry is expected to boost the global industrial fasteners market is expected to reach $104.32 billion by 2020, according to a new study.

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Construction to boost fasteners market to $104bn

Growing construction spending coupled with increasing demand for fasteners in automotive industry is expected to boost the global industrial fasteners market is expected to reach $104.32 billion by 2020, according to a new study.

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Global industrial fasteners market to top $104bn

Growing construction spending coupled with increasing demand for fasteners in automotive industry is expected to boost the global industrial fasteners market is expected to reach $104.32 billion by 2020, according to a new study.

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Apple ‘working on creating electric car’

Apple Inc has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported on Friday, citing people familiar with the matter. The project has designed a vehicle that looks like a minivan,

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