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    OMODA & JAECOO Middle East spare parts distribution center increases shipping efficiency by 85%

    OMODA & JAECOO Middle East spare parts distribution center increases shipping efficiency by 85%

    30 Dec 2024

    The OMODA & JAECOO Middle East Spare Parts Distribution Center, located in Dubai's Jebel Ali Free Zone, officially opened on December 19, 2024. Spanning 12,000 square meters, it is the...

    Tesla recalls over 125,000 vehicles to fix seat belt warning system

    Tesla recalls over 125,000 vehicles to fix seat belt warning system

    01 Jun 2024

    Tesla is recalling more than 125,000 vehicles to fix a seat belt warning system that may increase the risk of an injury in a collision. The National Highway Traffic Safety...

    DFM gains exceed Dhs24 billion during current month’s trading

    DFM gains exceed Dhs24 billion during current month’s trading

    31 Jan 2024

    Dubai Financial Market (DFM) strengthened its gains during the current month’s trading, with its market capitalisation increasing by over Dhs24 billion, supported by the gains of bank and utility stocks....

    Global Impact Investing market estimated to be worth $502 billion

    Global Impact Investing market estimated to be worth $502 billion

    17 May 2023

    Inayat-ur-Rahman, Business Editor According to a report, the global Impact Investing market is worth $502 billion, yet only 1% of impact investment organisations are located in the Middle East and...

    Mubadala, Taqa Group to invest in power sector in Uzbekistan

    Mubadala, Taqa Group to invest in power sector in Uzbekistan

    10 Sep 2022

    Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities companies in the region, signed agreements to invest in the privatisation of...

    Ferrari tells investors it will build ‘even more unique’ electric cars

    Ferrari tells investors it will build ‘even more unique’ electric cars

    16 Jun 2022

    Luxury sportscar maker Ferrari will always produce one car less than wealthy customers want to preserve its uniqueness as it shifts to electric models, Chief Executive Benedetto Vigna said on...

    Global stock markets likely to be more turbulent in months ahead

    Global stock markets likely to be more turbulent in months ahead

    22 Aug 2021

    Investors are preparing for a rockier ride ahead for markets, as worries over slowing growth, a looming rollback of the Federal Reserve’s easy money policies and a global COVID-19 resurgence...

    Oil prices rebound on fuel demand worries in India

    Oil prices rebound on fuel demand worries in India

    27 Apr 2021

    Gulf Today Report  Oil prices bounce back on Tuesday amid worries surrounding fuel demand in Indian as coronavirus cases continue to surge. Brent crude was up 40 cents, or 0.6%,...

    Vodafone Group seeks to raise $3.32 billion through IPO

    Vodafone Group seeks to raise $3.32 billion through IPO

    11 Mar 2021

    Vodafone Group would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe’s largest initial public offering (IPO) of 2021....

    European stocks rally, Asian stocks jump ahead of UK’s budget

    European stocks rally, Asian stocks jump ahead of UK’s budget

    03 Mar 2021

    Gulf Today Report  European stocks jumped on Wednesday as Germany sets to relax coronavirus while investors await UK’s new budget.    The pan-European STOXX 600 index rose 0.7% by 0810...

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