12 Nov 2011
(MENAFN) Ford Middle East’s managing director, Larry Prein, said that in spite of security issues, the automaker would expand its business in Iraq, reported Gulf News.
Prein added that the US company had one dealership in Iraq, a country which is considered a growing market for the carmaker, moreover, the situation in the country started to improve, especially that the government would raise oil production, a move that would enhance the business sector in Iraq.
On the other hand, he said that Ford’s sales in the Middle East were strong, adding that sales of the company’s Ford and Lincoln brands grew 55 percent over the past year.
It is worth noting that in 2012, Ford will expand its business in Saudi, where demand over of the company’s brands is growing.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more