BMW and MINI sales accelerate 14% in KSA during first nine months

Updated 22 November 2012
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BMW and MINI sales accelerate 14% in KSA during first nine months

Building on its impressive performance in the first half of the year, Mohamed Yousuf Naghi Motors (MYNM) is well on track for another successful year-end in Saudi Arabia with a reported 14 percent growth in BMW & MINI sales for the first nine months of the year.
MYNM’s year-to-date results clearly demonstrate the continued growth of the luxury automotive industry in Saudi Arabia, and are a direct result of its exceptional standards across all areas of the business and ongoing investment in the BMW Group brands.
“At Mohamed Yousuf Naghi Motors, we are extremely pleased with our year to date results. Our business continues to grow, which is due to the combination of a strong economic climate, a growing portfolio of desirable premium BMW Group vehicles, and the ongoing commitment and professionalism of our staff,” said Stavros Paraskevaides, MD, MYNM (BMW).
The company’s results during the first nine months of the year were driven by the brand’s flagship model BMW 7 Series as the highest selling model. Offering new levels of luxury, comfort and power, the new and refined 7 Series model went on sale in Saudi Arabia last month. Expected to further amplify BMW’s 7 Series success story in the Middle East, the latest generation is set to be a strong driving force behind MYNM’s future sales achievements.
The BMW X3, BMW 5 and 3 Series witnessed the biggest growth in the Saudi market in the January-September period, with 100 percent, 46 percent and 14 percent growth respectively.
Reaffirming its position as the fastest growing premium brand in the world as well as in Saudi Arabia, MINI, the small car with a big attitude, witnessed a 53 percent sales growth during the first nine months of 2012. Sales were led by the MINI Countryman – the first MINI with four doors and four wheel drive capabilities.

Another area of the business that continues to grow for BMW in Saudi Arabia is BMW Premium Selection, the group’s pre-owned program that offers customers the same peace-of-mind motoring as if they were purchasing a new BMW. Sales of BMW Premium Selection models increased by 7 percent compared to the same period in 2012.


Celebrities born in the Arab world

Updated 6 min 32 sec ago
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Celebrities born in the Arab world

Arabs love to boast of any famous person who was born and/or raised in our homeland (or have even visited it). To help you out at your next dinner party, here’s a list of A-listers that were born in the MENA region.
Lebanon: Keanu Reeves
The “Matrix” trilogy star was born in Lebanon’s capital of Beirut on September 2, 1964 to an English mother and Asian-American father. He barely lived in Beirut before moving around with his family until his parents’ divorce when he was just three years old, but hey, Neo was one of us for a while.
Oman: Isla Fisher
The “Confessions of a Shopaholic” star was born in Muscat, where her father worked as a banker for the United Nations, in 1976. The family moved to Scotland before heading to Australia, where Fisher spent the majority of her childhood before finding fame on Aussie soap “Home and Away.”
Morocco: Jean Reno
The “Leon: The Professional” actor was born to Spanish parents in Casablanca in 1948 and lived there until the age of 17, when he left to study acting in France. The glum-faced thesp went on to star in several blockbusters, including “Mission Impossible,” “Godzilla,” and “The Pink Panther.”
Yemen: Eddie Izzard
The British comedian, actor and writer was born to English parents in Yemen’s southern port city of Aden. Izzard rose to fame in the 1990s with his surreal, good-natured stand-up, and has gone on to appear in a number of box-office Hollywood hits, including “Ocean’s 11” and “The Lego Batman Movie.”
Kuwait: Sanjeeda Sheikh
The Indian actress (pictured here with her husband Aamir Ali) was born in Kuwait in 1984. She moved to Mumbai to help a friend open a dance academy before landing the role of Nimmo in TV show “Kyaa Hoga Nimmo Kaa” in 2005. Sheikh recently starred in the romantic drama series “Love Ka Hai Intezaar.”
Saudi Arabia: Melora Walters
The US actress, perhaps best known for her role as Wanda Henrickson in the Emmy-winning, Mormon-baiting TV show “Big Love,” was born in Dhahran in 1960. The well-respected actress is a favorite of acclaimed director Paul Thomas Anderson, appearing in several of his movies.