An electric vehicle of GM is displayed during an auto show in Shanghai. File/Reuters
The Central government might soon call a meeting with automobile industry stake-holders to discuss measures to arrest the continuous decline in the sector’s sales, sources privy to the development said.
Internet Food and Beverage sales in the UAE have grown at a compound annual growth rate (CAGR) of 21% between 2015 and 2018, according to a new analysis issued by Dubai Chamber of Commerce and Industry.
General Motors (GM) and Ford Motor announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the US automakers were hit by a slowing economy amid the Sino-US trade war.
Japan’s government is considering downgrading its assessment of the economy next week as the intensifying Sino-US trade war takes a toll on exports and factory output, a government source with direct knowledge of the matter told Reuters. A downgrade in the crucial monthly report could fuel speculation
Established pursuant to Decision No. 04 of 2002, DMCC is dedicated to enhancing the flow of commodity trade through Dubai. According to the new Law, the Dubai Multi Commodities Centre Authority will be responsible for supervising DMCC.
The Federal Tax Authority (FTA) has ramped up its preparations ahead of implementing the ban on importing any type of waterpipe tobacco (known in Arabic as ‘Mu’assel’) and electrically heated cigarette plugs unless they carry the ‘Digital Tax Stamps (DTS)’ as of March 1, 2020.
The United Arab Emirates and the Kingdom of Saudi Arabia strengthen their economic partnership to enhance the trade and create opportunities for the businesses and people in both the countries.
The foreign investments in India increased to $443 million in the financial year 2019 from $224 million in financial year 2018. Poised to be the third largest consumer retail destination in the world, India is now an attractive investment destination for retail.