Abu Dhabi’s Yas Island is set to revolutionise transport with the introduction of ‘floating’ pods
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Dubai’s auto parts trade valued at $11bn in 2015
Auto parts and accessories transactions accounted for 3.3% of Dubai’s $348bn non-oil trade last year, a Dubai Customs official has revealed
UAE students design energy ‘harvesting’ bridge
The bridge, designed by Khalifa University’s civil and mechanical engineering seniors, can utilise traffic, wind, and pedestrian vibrations to power its LED lights
UAE’s ENBD to finance $225m Egypt power plants
Each 4,800MW plant in Borolos and New Administration Capital will be developed through Emirates NBD’s fund facility, created with Egyptian Electricity Holding
UAE: gasoline prices drop as diesel value rises 2%
The country’s Ministry of Energy reduced petrol prices by 7% to 8% as global energy markets continue to dwindle
UAE to build charging stations for electric cars
Development work will be carried out by the UAE’s Ministry of Infrastructure as an effort to support the country’s green economy
RTA to require telematics on all heavy vehicles
Dubai’s transport authority makes snap announcement of mandatory telematics for vehicle fleets
Dubai firm allies with Korean bearings giant ILJIN
Dubai-based Mineral Circles Bearings signs MoU to strengthen partnership with ILJIN, a global wheel bearing manufacturer from South Korea
Xtramix turnover hits $136m in 2015 on Qatar boom
The Abu Dhabi based concrete manufacturer is planning mergers and acquisitions for 2016, mainly in Qatar
Naboodah imports ‘China Car of the Year’ to UAE
Geely GC9 wins 2016 China automobile award as Union Motors opens new showroom in Abu Dhabi