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Abu Dhabi / Emirates Business Abu Dhabi Motors, BMW Group’s importer in the Capital, ended 2015 with an exceptional sales growth of 36% in comparison to the previous year. Contributing to its success was a number of strategic partnerships with major organisations across the Emirate, including the Emirates Palace, Abu Dhabi International Airport and Al Ain Club, which helped contributed ...

Ritika Sharma / Emirates Business A lot is being talked about fast food; its pros and cons. But, did you know there is ‘slow food’ as well? A concept of dining that combines whole foods that are locally or home grown, is fast picking pace in the UAE. Trends in the F&B industry in the UAE are moving towards healthy ...

Abu Dhabi / WAM Etihad Airways, the national airline of the United Arab Emirates, on Tuesday announced a 63 percent increase in full-year passenger traffic with partner Jet Airways to and from India, reinforcing the strength of the equity tie-up and the airline’s commitment to one of world’s largest travel markets. Together, the airlines carried a record 3.3 million passengers ...

Doha / Emirates Business Links Group, one of the UAE’s leading providers of commercial facilitation and advisory services, has strengthened its management team in Qatar with the appointment of Neil Wilson as Country Manager. The new appointment will support increasing demand from foreign investors to establish a commercial presence in the region. Neil brings to Links Group over 13 years ...

Abu Dhabi / Emirates Business Abu Dhabi Duty Free set a new sales record in 2015, reaching AED 1.5 billion across its retail, food and beverage (F&B) and services sectors, according to its latest commercial figures. Sales were up 10.3% on 2014’s figures, despite increasing economic volatility worldwide. The retail category continued its upward growth trend, rising by 7% to ...

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 ...

AFP Two recent oil pipeline spills in Peru’s part of the Amazon hit areas rich in wildlife and it will take them a year to recover, the government said Monday. The spills released a total of 2,000 barrels of petroleum, Energy and Mining Minister Rosa Maria Ortiz said. She and other government officials flew over one of the areas blackened ...

Bloomberg When British Prime Minister David Cameron rushed to Paris late on Monday to lobby the French leader over safeguards for London’s banks, the latest in a long line of disputes between the two countries had been five years in the making. French President Francois Hollande is leading a group of euro-area countries unhappy with U.K. demands to shield its ...