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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Audi Middle East achieves 33% sales growth in first 5 months of 2023

All Audi sedan and SUV models have experienced significant year-on-year growth. (Audi pic)
  • This success is bolstered by Audi's strategic partnerships and investments in electric vehicle infrastructure across the Middle East.
  • Audi's EV portfolio now features an extensive range of models, spanning sports cars, sedans, hatchbacks, and the SUVs.

DUBAI, UAE :   In the first five months of 2023, Audi Middle East achieved a 33 percent growth compared to the same period in 2022, making it the strongest start to a year since 2015.

All Audi sedan and SUV models have experienced significant year-on-year growth; with Audi Approved Plus vehicles seeing a substantial 40 percent increase in volume for the period.

These outstanding results highlight Audi Middle East’s strong performance and market presence in 2023.

The Audi e-tron GT, from its initial launch, has demonstrated consistent growth, experiencing a remarkable 24 percent increase in sales from 2022.

This success is further bolstered by Audi’s strategic partnerships and investments in electric vehicle infrastructure across the Middle East.

Audi’s EV portfolio now features an extensive range of models, spanning sports cars, sedans, hatchbacks, and the generously proportioned SUV.

The introduction of the Q8 e-tron further solidifies Audi’s commitment to expanding its EV offerings, catering to the growing demand for electric vehicles in the market.

Carsten Bender, Audi Middle East’s Managing Director, will bid farewell to Dubai as he returns to Germany to embark on his continued remarkable journey with the Audi brand.

Bender said, “As my second tenure in the region comes to an end after over five years, I am proud to have witnessed the remarkable growth and development of the region. The first half of 2023 performance has been exceptional, showcasing the region’s immense potential and Audi’s strong presence.”