Saudi banks have thrived rather than survived ; a dynamic outlook for 2021

كي بي إم جي: توقعات باستمرار قوة أداء القطاع المصرفي

KPMG Report: Despite pandemic, Saudi banks have thrived rather than survived; a dynamic outlook for 2021  KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. Backed by government reforms, halt in credit losses (ECL), stable liquidity, stronger CAR, and transformational changes, banks are heralding stable year, as compared to a shaky outlook in the corresponding period last year. KPMG reported that the 11 Tadawul-listed banks stayed resilient at the end of 31 December 2020 reflecting signs of recovery since uncertainties…

  Hyundai Motor reveals first glimpse of all-new KONA N uncovered·

 First look at all-new KONA N reveals a powerful stance and high-performance design elements· The ‘stylish SUV’ will combine the driving fun of a Hyundai N model with the comfort and convenience of an SUV  All-new KONA N features the modern design of the new KONA with the bold and dynamic language of the company’s N division Dubai, March 16, 2021 — Hyundai Motor Company has revealed a glimpse of the all-new KONA N without its camouflage disguise. In a series of teaser images, fans and enthusiasts can enjoy a…

Dubai-born CAFU reveals drone technology with first-of-its-kind planting mechanism taking the one million Ghaf Tree Seed Project to the next level

Dubai-born CAFU reveals drone technology with first-of-its-kind planting mechanism taking the one million Ghaf Tree Seed Project to the next level

– Pioneering tech and car services company unveils drone technology & ground-breaking planting mechanism in the MENA region as it completes two rounds of desert planting – Announces strategic research partnership with UAE University to help scale the project to explore other native UAE seed types Dubai, UAE, March 16th, 2021: Months on from announcing the Sustainability Deal – Dubai-born CAFU has taken big strides in its strategy towards becoming carbon neutral, starting with the ground-breaking Ghaf Tree Seed Project to plant a million Ghaf seeds in the UAE desert…

confiscate AED10.5 million worth of counterfeit car parts in 2020

ضبط قطع غيار مزيّفة للسيارات بقيمة 10.5 مليون درهم في عام 2020

Al-Futtaim Toyota and UAE government authorities confiscate AED10.5 million worth of counterfeit car parts in 2020 Al-Futtaim Toyota conducted 21 raids with UAE government authorities, as well as training more than 400 officials across 2020 Al-Futtaim Toyota, part of Al-Futtaim Automotive, in collaboration with UAE government authorities and the Economic Development Department, conducted 21 raids for counterfeit parts during 2020. The raids included checks across retail shops in all seven Emirates, demonstrating the Al-Futtaim company’s and the governments continued commitment towards customer safety. The raids resulted in over 300,000 counterfeit…

INFINITI of Arabian Automobiles announces DSF 2021 Lucky Winner of AED 100,000

إنفينيتي من العربية للسيارات تعلن عن الفائز بمهرجان دبي للتسوق

Following a successful run of the 26th edition of the Dubai Shopping Festival (DSF), Arabian Automobiles (AAC), the flagship company of the AW Rostamani Group and the exclusive dealer for INFINITI in Dubai, Sharjah and the Northern Emirates, is thrilled to announce the name of the lucky winner of its extended DSF 2021 INFINITI promotion. Saleem Shehadeh purchased the power-packed INFINITI QX50 which entitled the buyer to receive a scratch-and-win card with the purchase during DSF 2021 and was rewarded AED 100,000 in cash, as well as five years of…

All pure electric Volvo models to be available online only

فولفو للسيارات تطرح مركباتها الكهربائية بالكامل للشراء عبر الإنترنت

 Al-Futtaim’s Trading Enterprises – Volvo announced today that Volvo Cas is fundamentally changing how and where to meet its customers and will transform the traditional wholesale model by moving online and with strong customer relationships. The brand aims to be a fully electric car company globally by 2030 and will launch a completely new family of electric cars in coming years – all of which will be available online only. As part of its new commercial strategy, Volvo Cars will invest heavily in its online sales channels, radically reduce complexity…

 Al-Futtaim’s Trading Enterprises expands its UAE footprint with an all-new service facility in Abu Dhabi

افتتاح مركز خدمات جديد في أبوظبي لشركة المشروعات التجارية

The new facility features a unique drive-in reception and lounge concept for optimum customer satisfaction, convenience and transparency Al-Futtaim’s Trading Enterprises – the exclusive distributor of Chrysler, Dodge, and RAM in the UAE, and Jeep in Dubai and Northern Emirates, has announced a relocation of its service operations in Abu Dhabi with the opening of the company’s new Mopar aftersales centre in Mussafah. The new facility will cater to the increasing number of customers in the UAE capital, providing a time-efficient and convenient service experience all the way from the…

Arabian Automobiles invites you to experience the 2021 INFINITI QX80

العربية للسيارات تدعو عملائها للاستمتاع بقيادة إنفينيتي QX80 2021

Arabian Automobiles, the flagship company of the AW Rostamani Group and exclusive dealer for INFINITI in Dubai, Sharjah and the Northern Emirates, invites customers to drive the hero of premium SUVs, the 2021 INFINITI QX80. Whether you are a technology aficionado, who, when you get into the driver’s seat, want to be surrounded by genre-defining systems; or you are a career- and family-oriented individual, just seeking the best in comfort and safety technology, the 2021 INFINITI QX80 is designed with you in mind. With a price point starting from AED…

 Juma Al Majid Est. introduces Genesis GV80  to UAE luxury SUV market

 Juma Al Majid Est. introduces Genesis GV80

Juma Al Majid Est., the exclusive distributor of Genesis cars in the UAE, is proud to reveal that the 2021 Genesis GV 80 is now available in the UAE. This marks the first-ever GV80 models to enter the region. The Genesis GV80 is a first of its kind, signalling the brand’s first SUV model and adding versatility to the Genesis lineup alongside the G70, G80 and G90 sedans. Coming in 3.5 turbo edition, the ‘V’ in the GV80 marque represents versatility that only a Genesis SUV can offer. Suliman AlZaben,…

Omnichannel key to success for retailers in the Gulf region’s US$308 billion retail industry

Online retailing has changed the consumer behaviour who wants goods delivered to their doorsteps as they wish. From retailing to e-tailing, the efficiency of omnichannel will determine the success and failure of retail Nowadays, everything we want, we can get at our fingertips, whether it’s a pencil, a car or a house. Times have changed and it has changed the shopping experience of customers across the globe. We no longer need to visit a shop or a market; our devices are the new market for us. We have got more…