Motoring

Motoring

Dubai, Riyadh emerging top commercial hubs globally, says report

Mon, 21 Apr 2025

The cities of the GCC are rapidly establishing themselves as leaders in business, industry, and mobility with Dubai ranking eighth as a commercial hub, while Saudi capital Riyadh ranks 15th amongst the commercial hubs globally, said a report.

Motoring

stc celebrates fifth consecutive year as Saudi F1 title partner

Sun, 20 Apr 2025

stc group, the region’s leading digital enabler, is celebrating the fifth consecutive year as Title Partner, blending cutting-edge technology with the excellence of motorsport, ensuring unmatched digital experience both on and off the circuit.

Motoring

Expert warns on low-quality car care products entering KSA market

Tue, 15 Apr 2025

A motoring industry expert has outlined the need for more consumer education as an influx of cheap, low-quality car care products is impacting the industry in Saudi Arabia.

Motoring

World’s largest Infiniti Centre opens in Dubai

Mon, 14 Apr 2025

Arabian Automobiles Company (AAC), the flagship automotive company under AW Rostamani Group and the exclusive distributor for Infiniti in Dubai, Sharjah, and the Northern Emirates, has inaugurated the world's largest Infiniti Centre on Dubai's iconic Shei

Motoring

PIF-backed Lucid raises $1.1bn from senior notes to repay debt

Thu, 10 Apr 2025

US electric vehicle maker Lucid Motors, which is majority-owned by Saudi PIF, has raised $1.1 billion from convertible senior notes to repay existing debt. The issue permits initial purchasers to acquire up to an additional $100 million of notes.

Motoring

German group Aquila announces strategic Mideast expansion

Wed, 09 Apr 2025

Aquila Group, a German entity which has been driving innovation in clean energy sector, has announced its strategic regional expansion with the opening of a new office in Abu Dhabi. The group has appointed Zaki Nuseibeh as Aquila Capital Middle East CEO.

Motoring

NWC starts work on $533m water, sanitation projects in Riyadh

Tue, 08 Apr 2025

Saudi Arabia's National Water Company (NWC) has announced that its Central Cluster has begun work on 30 new water and sanitary drainage projects in Riyadh region which is being implemented at a total cost of SAR2 billion ($533 million).

Motoring

RAK Properties picks Arqaam as liquidity provider at ADX

Tue, 08 Apr 2025

RAK Properties, a leading publicly-listed property developer in Ras Al Khaimah, has announced the appointment of Arqaam Securities, a regional financial institution in UAE, as the liquidity provider for its shares on Abu Dhabi Securities Exchange (ADX).

Motoring

Volvo, Putzmeister roll out new battery-electric concrete pump truck

Mon, 07 Apr 2025

Volvo Trucks and Putzmeister have unveiled the largest battery-electric concrete pump trucks at the Bauma expo in Germany. With this new model, Volvo is offering an electric alternative for the handling of concrete – transporting, mixing and pumping.

Motoring

Chery, AW Rostamani roll out revamped Tiggo 4 in UAE

Thu, 03 Apr 2025

Chinese automobile manufacturer Chery has partnered with it sole distributor AW Rostamani to unveil the revamped version of Tiggo 4 in the UAE. The compact SUV combines modern design elements with advanced safety features.