Search Site

Trends banner

Oil wealth adds to luxury boom

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
Luxury car market rides on sustainability

Luxury car market rides on sustainability

GCC luxury car market thrives amidst economic challenges, fueled by sustainable models and innovative approaches driving continued growth.

A shift in consumer preferences — with a substantial percentage of sales coming from smaller and midsize vehicles — hasn’t dented the appeal of luxury cars, says Peter White, Sales Director at Audi Middle East.

Recession fails to dent luxury car sector

Recession fails to dent luxury car sector

Dr Manfred Bräunl from Porsche discusses the evolution of automotive industry, including luxury segment

Amid rapid tech growth and rising environmental concerns, understanding the current automotive industry trends, especially in luxury, is vital, says Dr Manfred Bräunl of Porsche.

Luxury car market navigates challenges

Luxury car market navigates challenges

Developing the necessary infrastructure is the key challenge in achieving sustainable mobility, says Dr. Hamid Haqparwar of BMW Group Middle East.

In addition to battery electric vehicles, BMW is exploring hydrogen fuel cell technology to harness the potential of clean hydrogen production in the region, adds the managing director of BMW Group Middle East.