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NMC Healthcare plans expansion in Abu Dhabi

2011-06-22 10:27:24 (читать в оригинале)

Centurion Investment and Dr B.R. Shetty have confirmed plans for two speciality healthcare projects to be owned and operated by NMC Healthcare in Abu Dhabi. This represents the first announcement since the former - an Abu Dhabi based investment group - acquired a stake in NMC Healthcare in late April as part of a private placement process.

Etihad signs $360m deal with Rolls-Royce

2011-06-22 10:24:52 (читать в оригинале)

Etihad Airways has signed a $360 million (Dh1.32 billion) deal with global power systems company Rolls-Royce at the Paris Air Show.

Emirates to set up engine repair facility

2011-06-22 10:23:56 (читать в оригинале)

Emirates airline yesterday said it plans to construct a $120 million (Dh441 million) engine repair and overhaul facility in Dubai in line with its growing fleet.

Upgrade plans revealed for Dubai port

2011-06-22 10:23:21 (читать в оригинале)

DP World yesterday announced plans to upgrade the facilities of Dubai's Al Hamriya Port.

BMI: UAE Autos Report (Jun-11)

2011-06-22 10:19:00 (читать в оригинале)

Car sales in the UAE are expected to rebound significantly in 2011 as the UAE's economy recovers fromthe Dubai debt crisis and experiences the benefit of higher oil revenue in Abu Dhabi. The UAE isexpected to see growth continue in the medium term, but the rapid growth in the 2010-2011 period will beunusual due to the tailing off of the rebound and a return to more normal growth patterns in the broadereconomy and for consumer spending.The new car market is not the only booming sector, however, as the second-hand car market in the UAEis registering annual sales of 100,000 units and is worth a total amount of AED5.5bn (US$1.5bn),according to The Gulf News. UAE-based Arabian Automobiles, the exclusive vehicle dealer forJapanese automaker Nissan Motor in Dubai and the northern Emirates, registered a 40% increase in itssecond-hand car sales in 2010. It also registered an increase of 11% in new car sales, according toArabian Automobiles' CEO Michel Ayat. The dealer expects sales of new and used cars to equalise overthe coming years owing to the rising popularity of pre-owned vehicles in the region.Luxury car dealers and service centres in the UAE are expecting a windfall from customisation servicesonce the country reforms its road traffic laws. Zawya reports that the government is currently in theprocess of adapting road traffic laws to allow a far broader range of customisation of cars. Currentlymany customisations either require permission or, more commonly, are prohibited by the laws of thecountry.New information about the purchasing habits of UAE consumers is also being uncovered. According to arecent survey, the New Vehicle Buyer Survey, has found that 66% of all new car purchases in the UAEare made by customers between the ages of 18 and 29. Furthermore, first-time buyers make up 61% of allnew car sales, due largely to the young demographic profile of the UAE as a whole. The survey is animportant source of information on the


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