Abu Dhabi Investment Office launches automotive industry plan as it targets major investment and manufacturing drive for motoring sector
Cars & Boats
Latest in Cars & Boats
Hyundai
Hyundai breaks ground on 50,000 car a year factory in Saudi Arabia
Hyundai and PIF team up to build car manufacturing plant in Saudi Arabia
Dubai police
Dubai Police add custom Rolls-Royce to supercar fleet
Dubai Police adds custom Rolls Royce to supercar fleet
BENO
BENO launches new yacht charter lounge at Dubai’s Marsa Al Arab Marina
The BENO Lounge, situated within the marina adjacent to Jumeirah Marsa Al Arab hotel, serves as an access point for clients to explore the company’s range of services
ADNEC
EVIS 2025: Robot taxi on display in Abu Dhabi
UAE firm shows off RoboTaxi at Electric Vehicle Innovation Summit in Abu Dhabi
Ford
Ford Middle East moves up a gear with 23% sales surge
Ford has seen best sales figures in a decade as it expands in the Middle East
Bahrain Mumtalakat Holding
Abu Dhabi’s CYVN completes McLaren acquisition with Bahrain’s Mumtalakat
Abu Dhabi investors complete the acquisition of McLaren
Elon Musk
Tesla sales rout in Europe deepens amid anti-Musk protests
New Tesla sales in France and Sweden dropped for a third consecutive month
South Africa
Saudi Arabia’s Jameel Motors enters South Africa as Changan car distributor
Saudi car dealer will launch sales of electric SUV, pickup trucks and sedans in South Africa
Elon Musk’s Tesla to launch in Saudi Arabia on April 10
The EV market in the Kingdom is tiny, with only a few thousand vehicles delivered in 2024
Tawazun Council
UAE awards $354m contract to build naval patrol vessels
UAE hands out contracts to build anti-piracy and smuggling naval craft
Auction
Dubai expats turn to car auctions for second income with substantial returns up to 50% as UAE market booms
Expats turn side hustles into serious money as daily car auctions boom across the UAE
Automobili Lamborghini
EXCLUSIVE: Lamborghini sees Middle East growth moderate to 1% amid luxury market ‘normalisation’
Lamborghini’s CEO disclosed that 2024 witnessed the first decline in the global high-end luxury market in years, with an estimated 8% slowdown
Red Sea
Saudi Arabia targets $2.9bn Red Sea tourism spend and 28,000 jobs as it becomes yachting hub
Saudi Red Sea Authority is driving coastal tourism boom as it establishes Kingdom as major player in global yacht industry
automotive industry
UAE automotive market posts over 15% growth, 77% surge in inquiries for Chinese brands in 2024: Report
Saudi Arabia surpassed a significant milestone last year, exceeding 1 million vehicle registrations for the first time
Automotive
Dubai automotive hub booming as DP World transported record 1.3m vehicles in 2024
Dubai’s DP World sees massive increase in number of vehicles handled by terminals last year
Abu Dhabi Investment Office
UAE grants 10-year Golden Visa to superyacht owners: Everything you need to know
The initiative aims to attract superyacht owners and high-net-worth individuals (HNWIs) to invest in and explore Abu Dhabi