Automechanika Dubai 2019 presenting a gateway to markets which is difficult to reach.
Automechanika Dubai 2019, the 17th edition of the Middle East and Africa’s (MEA) largest automotive aftermarket trade fair, was opened on Monday by Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum.
Al Masaood Commercial Vehicles and Equipment (CV&E) part of Al Masaood group of companies, a pioneering Abu Dhabi conglomerate, exhibited in Automechanika Dubai 2019
According to Dubai Customs, Dubai traded 2.1 million tonnes of auto parts and accessories worth $10.3 billion in 2018, a 32 percent increase in value of what the Emirate traded in 2009 (US$7.8 billion).
Attended by Sheikha Shamma Bint Sultan Bin Khalifa Al Nahyan, CEO of Alliances for Global Sustainability, the UAE Circular Economy Council convened its meeting, presided over by Mariam Bint Mohammed Almheiri, Minister of Climate Change and the Environment to discuss ‘Year of Sustainability’ initiatives and COP28.
The Federal Tax Authority (FTA) has launched the ‘Tax Support’ initiative to raise tax awareness among business sectors in the UAE through direct and sustained contact, as a means to enhance compliance with tax laws and regulations. The first workshop for 2023 under the initiative was held on Jan.24 and 25 as a collaboration
US consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation continued to subside, which could give the Federal Reserve room to further slow the pace of its interest rate hikes next week.