Nissan forecasts $5.3bn annual net loss
Last year, it announced 9,000 job cuts worldwide.
Iran-China trade down 11 percent to $8.5 bn in seven months
Tehran, Iran -- The trade exchanges between Iran and China in the first seven months of the current year reached $8.540 billion, with China’s export of products to Iran accounting for $6 billion of it.The trade declined by 11 percent compared to the same period last year, China’s Customs Office...
Mawani adds 20 cargo services to Saudi Arabia’s ports in H1
Riyadh, Saudi Arabia -- The Saudi Ports Authority (Mawani) has added 20 cargo services to the ports of Jeddah, Dammam, and Jubail during the first half of 2023, a development that inspired the Kingdom’s latest score of 76.16 points in the Q2 2023 update of the UNCTAD’s Liner Shipping Connectivity...
Qatar ports handle 140,000 tons of cargo in Dec 2022
Riyadh, Saudi Arabia-- The Qatar Ports Management Company (Mwani Qatar) said Sunday that it handled over 140,000 tons of cargo in December 2022, registering a growth of 86 percent compared to December 2021.In a tweet, Mwani Qatar said that it had received 267 cruises last December, with an increase of...
EVs help GCC countries achieve net zero goals
Through strategic investments in our vehicles, services, businesses and technologies, we are leading the way toward a cleaner, smarter and safer society, adds West, the Managing Director of OnStar Middle East Operations and Future Mobility General Motors Africa and Middle East.
Semiconductor shortage slows down GCC auto sector
Auto exports to the region are likely to suffer for the next more than a year due to an estimated net production loss of 3.9 million vehicles globally. Besides the automobile sector, e-gadgets, the smartphone and video gaming industries were impacted by the shortage.Taking the wheel
Bruce Robertson, Managing Director, Jaguar Land Rover MENA, speaks to Sunil Kumar Singh on the future of self-driving cars in the Middle East and more. How would you describe Jaguar Land Rover’s journey so far in the Middle East? Despite all the talk about a slowdown, I believe the region...
