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Eye of Dubai

AUDI AG: new record year with over 1.74 million deliveries in 2014
Cars & Autos | Monday 12 January, 2015 3:45 pm
AUDI AG clearly exceeded its goal of 1.7 million deliveries: By year-end, the company handed over around 1,741,100 cars to customers, 10.5 percent more than in 2013. The company once again accelerated its growth pace and achieved around 165,600 additional customers and the second-highest volume...
33 % Growth in Trading Volumes Recorded by DME in 2014
Business & Money | Monday 12 January, 2015 3:23 pm
The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, registered an impressive performance in 2014, posting- a 33 per cent growth in trading volumes to average 8,431 lots per day. Over 160 different traders from more than 90...
Hotels in the Middle East Can Create a Competitive Advantage by Using Wi-Fi Networks as a Platform for Innovation
Tourism & Hospitality | Monday 12 January, 2015 3:21 pm
The hospitality sector in the Middle East is booming. Recent industry reports about the hospitality industry in the Middle East have indicated that Dubai plans to almost double the number of hotel rooms by 2020, Saudi Arabia’s hospitality sector is growing at an annual rate over 8.5 percent with...
The real estate sector ... an active partner in the development process
Business & Money | Monday 12 January, 2015 1:46 pm
“The 2015 Budget reflects the strength and stability of the Saudi economy, and confirms that the kingdom will proceed with its comprehensive and sustainable development plans; it also promotes the importance of the contribution of the private sector in the development process.”, Said Majed Al...
GCC’s cable and wire industry sees 15% growth
Business & Money | Sunday 11 January, 2015 3:39 pm
The Gulf market for wire and cable witnessed a growth of 15% in the past two years. This is in sharp contrast to a falling demand in the developed European and East Asian economies, according to Integer Research’s latest Wire & Cable Global Data Service. Satish Khanna, General Manager, Al Fajer...
Commodity update: All eyes on energy
Environment & Energy | Sunday 11 January, 2015 12:32 pm
The first full trading week of 2015 kicked off with a lot of focus on the continued fall in energy markets (as this is helping to destabilise other asset classes). Stocks were initially pulled lower by the steep fall in crude and its negative impact on the energy sector, while government bond...
Five New Year Car Resolutions
Cars & Autos | Wednesday 7 January, 2015 7:34 pm
As we ring in the new year and close the book on 2014, it is time for us to reflect on the car resolutions most of us never kept. Car owners set goals but often neglect getting maintenance on their cars to keep them in top shape and bring their cars in only when repairs are needed. Carmudi, the...
Six wins for Audi in the brand, design and product categories
Cars & Autos | Sunday 4 January, 2015 5:30 pm
Six trophies for Audi: The brand with the four rings was more successful than any other brand in this year's "AutoTrophy" competition. The Audi A1, A3 and A6 each took first place in their respective categories. Audi also won the titles “Best Design Worldwide” and “Best Brand Worldwide” as...
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