Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Speedo meter  Join our daily free Newsletter

MENAFN - Arab News - 26/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Arab News) • WHEN the dust settled after two remarkable days of vehicle unveilings, organizers of the 2014 North American International Auto Show (NAIAS) counted 50 vehicle introductions, the majority being worldwide, presented to a crowd of 5,169 journalists from around the world. NAIAS Chairman Bob Shuman said the optimism and confidence felt on the show floor is a reflection of a healthier auto industry, and stronger economy, and a demonstration of the continuing importance of the NAIAS. Journalists from 60 countries were treated to an exciting vehicle unveilings on an electric show floor that resembled Times Square with LED walls virtually everywhere. Striking images and positive messages about new vehicles, new automotive technology, and the renovated Cobo Center were transmitted nonstop by traditional and new media alike. Shuman pointed out that the vehicles that were introduced in Detroit over two full press days are some of the automakers’ most commercially successful models. From the Ford F150, which introduced the company’s breakthrough aluminum body, to the race-inspired Cadillac ATS Coupe, to the Nissan Autonomous Leaf and Chrysler’s all-new, sleekly styled Chrysler 200 — global automakers chose Detroit’s world stage for their most strategically important vehicle introductions

• THE NEW Porsche Macan made its UK debut in a distinctive window display at the Harrods store in Knightsbridge, London. The new Macan is the first Porsche in the compact SUV segment, and received its global unveiling at the Los Angeles Auto Show last November. Now, it is being shown in London until February 5, two months ahead of its formal arrival in Porsche Centers in the UK. Fresh from celebrating its 50th anniversary in 2013, an example of the iconic 911 coupe — in this case, the new 560 HP Turbo S — sits beside the Macan in the display, together with the latest Panamera S E-Hybrid, the world’s first plug-in hybrid in the executive saloon class. Special prominence is given to a scale-model of the ground-breaking 918 Spyder, a plug-in hybrid super sports car which features a V8 petrol engine and two electric motors to deliver 887 HP combined.



• THE Qatar International Motor Show (QMS) is returning to Doha in February 2014. This was announced at a press conference, held at the InterContinental Hotel-Doha, being the official hotel for 2014 edition, and attended by senior delegates as well as local and regional media. The press conference revealed details of the fourth edition of QMS — to be held at the Qatar National Convention Center from February 21 to 25. The 2013 edition of the event drew crowds of 150,000, and this year’s event is set to be even bigger. The week-long event, organized by the Qatar Tourism Authority, offers visitors the chance to discover the latest technology in car manufacturing and design and provides a platform for trade professionals to come together.

• BMW HAS recorded the best ever sales figures in the Middle East last year, with sales of 24,596 BMW and MINI cars. This is an increase of 15 percent over sales of 2012 and the third successive record year for the company.

The UAE remains in first place with almost half the sales followed by Saudi Arabia which sold 4,228 cars, an increase of 18 percent. Overall, the 7 and 5 Series were among the best-selling vehicle in the region.

 


Arab News




  MENA News Headlines
 May 5 2016 - 'New power tariffs to hit food prices in co-ops'Arab Times
(MENAFN - Arab Times) An expert in the cooperative society sector warned about a possible dramatic change in the prices of food items in case the cooperative society sector is transformed into an ...

 May 5 2016 - 'Build overhead bridges on busy streets, avert accidents' †'Adopt road safety measures'Arab Times
(MENAFN - Arab Times) In this week's Arab Times online poll, readers weighed in on what is needed to better pedestrian crossings and improve safety. The majority of respondents felt that overhead ...

 May 5 2016 - Leave laggards risk 'residency'Arab Times
(MENAFN - Arab Times) The Public Authority for Manpower (PAM) is looking into the possibility of allowing employers to file a complaint against an expatriate worker if he extends his annual leave ...

 May 5 2016 - Yemenis resume face-to-face talksArab Times
(MENAFN - Arab Times) Yemen's warring parties resumed face-to-face peace talks on Wednesday after a three-day break triggered by a walkout by the government delegation, the United Nations said. It is ...

 May 5 2016 - MPs query Interior on sex trade †Push on recruitment firm for domesticsArab Times
(MENAFN - Arab Times) MP Saud Aharija has forwarded questions to Interior Minister Sheikh Mohammad Al-Khalid on the alleged network that 'sells' Malawian women in Kuwait for sex activities. He cited ...

 May 5 2016 - Riyadh plans new labor scheme †Saudi women to see marriage contractsArab Times
(MENAFN - Arab Times) Saudi Arabia's government plans a new set of labor quotas and incentives to reduce unemployment as it tries to wean its economy off oil exports, Labor Minister Mufrej al-Haqbani ...

 May 5 2016 - Pilgrims brave threats to flock to Iraq shrine †Political limbo after Green Zone stormingArab Times
(MENAFN - Arab Times) A sea of pilgrims converged on a Baghdad shrine on Tuesday for an annual Shiite religious commemoration, defying fears of further bomb attacks by the Islamic State group.The ...

 May 5 2016 - Saudi Arabia carries out 90th execution of '16Arab Times
(MENAFN - Arab Times) Saudi Arabia executed a citizen convicted of murder on Wednesday taking to 90 the number of people the ultra-conservative Muslim kingdom has put to death this year.Mufreh ...

 May 5 2016 - Kuwait bourse little changed volume up †Zain slips 5 fils KIPCO unchangedArab Times
(MENAFN - Arab Times) Kuwait stock was little changed on Tuesday after see sawing earlier in the week. The price index edged 2.87 points higher in a lackluster trade to 5,375.36 pts with a mixed ...

 May 5 2016 - FSI organizes discussion session on liquidity & risk †Event hosted by CBKArab Times
(MENAFN - Arab Times) The Financial Stability Institute (FSI), which is affiliated to the Bank for International Settlements in Basel, Switzerland, organized an open discussion session; in ...

 May 5 2016 - Malabar Gold & Diamonds opens 150th outlet †Kareena Kapoor Khan inaugurates showroom in Belagavi, IndiaArab Times
(MENAFN - Arab Times) Bollywood Actress Kareena Kapoor Khan launched 150th outlet of Malabar Gold & Diamonds on April 30th in the presence of M.P. Ahammed, Chairman -Malabar Group; Asher. O, ...

 May 5 2016 - ABK awarded 'Bank of the Year' by Arabian Business †Bank recognized for successful 'Simpler Banking' strategyArab Times
(MENAFN - Arab Times) Al Ahli Bank of Kuwait (ABK) won the 'Bank of the Year' award from Arabian Business, one of the foremost business magazines in the region. This prestigious award was received by ...

 May 5 2016 - AUB first qtr net profit rises 5% to $154.6mn †Total operating income grows by 6.3% to $280.5 mnArab Times
(MENAFN - Arab Times) Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended March 31, 2016. The net profit reflected ...

 May 5 2016 - Saudi firms faring better in era of austerity †More pain lies aheadArab Times
(MENAFN - Arab Times) Saudi Arabian companies are faring better in an era of austerity than many investors feared, but they face more pain in the coming months as gains from cost-cutting and efforts ...

 May 5 2016 - KSE continues to tread water volume recedes †Americana dips 40 fils KIPCO flatArab Times
(MENAFN - Arab Times) Kuwait stocks continued to tread water for the second straight session on Wednesday. The bourse eased 2.19 points to 5,373.17 points even as investors kept a wary eye on the ...

 May 5 2016 - Qatar visitors to Dubai grow by 26 percentMENAFN
(MENAFN) Dubai hosted 4.1mn visitors in the first quarter of this year, a 5.1 percent increase over last year, due to strong double digit growth from the GCC and India.Furthermore, the GCC continued ...

 May 5 2016 - Abu Dhabi's Dana Gas net profit falls by 50 percentMENAFN
(MENAFN) Abu Dhabi-listed energy Co. 'Dana Gas' posted a 50 percent fall in Q1 this year, which is blamed on lower hydrocarbon prices and reduced output in Egypt and Kurdistan.Moreover, the firm made ...

 May 5 2016 - Jordan to receive investments from Gulf countriesMENAFN
(MENAFN) Investors from Gulf nations offered to inject "unprecedented" investments in Jordan, particularly from Saudi Arabia.Moreover, Gulf States will bring in interesting and unprecedented ...

 May 5 2016 - Egypt- Misr Italia signs construction deals of USD 28mnMENAFN
(MENAFN) Egypt-bases Misr Italia Holding has signed construction deals of USD 28mn in order to complete projects this year.Additionally, the company plans to carry out 1500 units in its different ...

 May 5 2016 - Kuwait signs USD 51mn Loan Agreement with BangladeshMENAFN
(MENAFN) The Kuwait Fund for Arab Economic Development (KFAED) signed a loan deal value USD 51mn with the government of Bangladesh.Furthermore, the deal was signed as part of financing a major ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help