Bloomberg Ford Motor Co projects a 12% drop in US sales this year as production bottlenecks worsen, Automotive News reported. Executives told dealers they now see US deliveries of 1.66 million vehicles this year, down from 1.9 million in 2021, the publication said, citing two people present at the meeting. The US automaker has already lost 100,000 units of ...

  ABU DHABI / WAM The UAE has participated in the third ministerial meeting of the Coalition for the Sahel, which was held virtually to review the guidelines of a collective action to achieve stability in the Sahel region, and provide a framework for developing a roadmap for the coalition. During the meeting, the UAE affirmed its commitment to joint ...

  DUBAI / WAM DP World Limited announced strong financial results for the year 2021, achieving a revenue growth of 26.3 percent to $10,778 million and adjusted EBITDA growth of 15.3 percent to $3,828 million, with adjusted EBITDA margin of 35.5 percent. The revenue increase from $2,245 million to $10,778 million is supported by acquisitions and new concessions including Angola, ...