Fewer new cars will be sold in the UAE in 2019 than last year.
That's according to industry experts, who say that while Ramadan is a good time for dealerships, it probably won't overturn this year's downward trend.
Oweis Zahran, CEO of OWS Auto Parts and Managing Partner of Rafid Automotive Solutions, explains.
He explains why more people in the UAE are turning to used cars instead of new ones.
World Bank approves $700 million for Pakistan's economic stability
The World Bank said it has approved $700 million in financing for Pakistan under a multi-year initiative aimed at supporting the country's macroeconomic stability and service delivery.
China's ByteDance signs deal to form joint venture to operate TikTok US app
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India reviewing allegations of antitrust breaches by IndiGo
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DXB and DWC boost winter schedules with new routes
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Amazon in talks to invest in OpenAI
Amazon.com Inc is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.
