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FINANCIAL NEWS
GCC’s Automobile industry to grow 5.9 percent to 2017
17 Mar 2014
(MENAFN) Automobile industry is expected to flourish in the GCC countries as vehicle sales will reach 2 million units over the following few years, according to the Peninsula Qatar.
Vehicle sales are expected to keep growing in the region on the back of sustained economic growth rates and strong investments in infrastructure.
Sales of cars and pickups are estimated to record a cumulative annual growth rate (CAGR) of 5.9 percent between 2012 and 2017, reaching 1.66 million units.
More News
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BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
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05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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