Mounib Hammoud, CEO and Karim R. Itani, head of sales and marketing at Jeddah Economic Company, address a press conference in Jeddah on Wednesday. (AN photo by Khalil Hanware)
Tom Lee, head of Hyundai Middle East, confirmed in an exclusive interview with Arab News that the Saudi market is the largest for Hyundai in the Middle East and Africa, accounting for 43.6 percent
• NISSAN has launched a new special version of the New Micra — called the Limited Edition.
Chinese cars companies are well known in emerging markets as far apart as Latin America and Russia; however, they are yet to make their presence felt in the American market.
An 18 percent increase in sales by BMW and MINI in 2013 maintained Saudi Arabia as the second largest market for the brand in the region in terms of volume of cars sold.
Toyota retained its number one slot in global car sales in 2013 after it sold 9.98 million cars worldwide, 270,000 more than its closest rival — US General Motors.
Turkey is a safe place for investment despite the current economic and political atmosphere, a Turkish official confirmed.
TAIPEI: Taiwan’s smartphone maker HTC said it has signed a patent and technology collaboration agreement with Finnish phone giant Nokia to end all pending patent litigation between them.
The volume of trade exchange between Saudi Arabia and Sudan reached more than $ 4 billion dollars, and poised to hit $8 billion (SR30 billion), particularly after the first appearance of many new inve
NEW YORK: After the S&P 500’s first weekly gain in a month, investors will see next week whether the US stock market’s rally of the last two days is the shape of better things to come — or i
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