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FINANCIAL NEWS
Kia’s UAE sales to jump between 13-15% in 2013
20 Nov 2012
(MENAFN) Kia stated that its sales in the UAE in 2013 will rise between 13 percent- 15 percent, exceeding the country’s auto market, reported Gulf News.
The growth will be driven by innovation, features and design.
The South Korean carmaker is expecting to sell nearly 13,000 units in 2012, up from 10,000 in 2011.
On Sunday, the company has introduced the Kia Quoris, its first rear-wheel-drive luxury sedan in the country, which has an 8-litre V6 petrol engine.
It is worth noting that the UAE’s auto industry is forecasted to post a growth of between 7-10 percent in 2013’s sales.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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