Emirates Business Auto industry professionals in Abu Dhabi gathered in a recent event to discuss the cumulative prospects in UAE automotive aftermarket. The capital has witnessed a steady growth in the demand for spare parts and services. Auto spare parts demand in the Gulf region was valued at AED3.1 billion in 2015, up from AED2.9 billion in 2013; the aftermarket ...

RITIKA SHARMA / Emirates Business Gone are the days when fashion was for grown-ups only. The little ones also rock, that’s what figures say. Kids-wear market is estimated to hit US$173.6 billion by 2017, growing at a stable compound annual interest rate (CAGR) of 4.2 percent. According to Reference for Business report, there are over 1,000 international children’s fashion brands ...

Doha / AFP Energy giants Saudi Arabia and Russia agreed on Tuesday to freeze oil output to try to stabilise the market if other major producers do the same, Qatar’s oil minister said. The Saudi and Russian oil ministers, along with their Venezuelan and Qatari counterparts, “agreed to freeze the production at (the) January level provided that other major producers ...