UAE Ministry of Finance says certain qualifying public benefit entities will be exempt from paying mandatory tax
finance
Great Wall Motor launches first regional parts distribution centre for Middle East
With nearly 700 overseas distribution centres, GWM has established a global production layout consisting of 10 production bases and several overseas all-process vehicle plants
Dubai Municipality to boost support for Truck Market traders
Dawood Al Hajiri, director general of Dubai Municipality interacted with traders to obtain their views and suggestions and find ways to enhance business
UAE: Tata, United Diesel partner with Emirates NBD
Tata Motors and its UAE distributor, United Diesel, have signed a deal with Emirates NBD to offer financial services to the Indian automaker’s commercial vehicle customers
Mercedes-Benz Bank enters 2017 with record figures
Mercedes-Benz Bank will celebrate its 30th anniversary this year following a fiscal year that saw the finance business achieve record figures
Terex group revenues fall 10.5% in 2015 to $6.54bn
Terex cranes sales slide 6.7% and port and industrial crane sales fall 18%, with worse to come in 2016
Emirates Motor Company closes $175m Islamic loan
Mercedes-Benz distributor and Al Fahim Group subsidiary concludes loan deal with Al Noor Bank
Renault Trucks launches flexible finance for Gulf
The French automaker has introduced a flexible financing programme for the Middle East in a bid to support its latest C-, K-, and D-range models
Zahid Tractor to expand Future Contractors Program
Caterpillar’s authorised dealer for Saudi Arabia has revealed plans to grow its SME finance initiative
Emirates Money and CNH pen PMV finance agreement
Emirates Money, the consumer finance arm of Emirates NBD, has joined forces with CNH Capital to provide financing options for commercial vehicles and construction equipment in the UAE