 
                                    
77,000 vehicles sold by Volkswagen in Australia had been fitted with devices designed to mask the level of emissions. The admission by the company’s Australian unit widens a global scandal engulfing the German automaker. The company has now set up a website for customers to see if their vehicles have the affected EA 189 diesel engines. The vehicles affected include almost 55,000 Volkswagen branded passenger cars, 17,000 commercial vehicles and 5,000 Skodas. Meanwhile, Volkswagen will begin recalling affected cars in January until the end of 2016, Chief Executive Matthias Mueller said in an interview with German newspaper Frankfurter Allgemeine Zeitung (FAZ).

 ADNOC Distribution reports $579 million net profit in first 9 months
            ADNOC Distribution reports $579 million net profit in first 9 months
         TECOM Group’s 9-month shows 20% revenue growth
            TECOM Group’s 9-month shows 20% revenue growth
         DFM reports 212% increase in net profit before tax to AED930.8 million
            DFM reports 212% increase in net profit before tax to AED930.8 million 
         DMCC unveils plans for new financial centre
            DMCC unveils plans for new financial centre
         UAE cuts key interest rate by 25 basis points
            UAE cuts key interest rate by 25 basis points
         
                 
                 
                 
                