Motor sales in the UAE have hit a bump in the road because of the drop in oil prices, according to industry experts. Deals in the first quarter of 2015 indicated a record year for the industry but the oil price drop combined with a weak Russian Ruble has led to a major slide in Q2. Bill Carter is Head of Research and Valuations at Auto Data Middle East. He believes lay-offs in the oil and gas sector has had a direct effect on sales.
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Abu Dhabi Crown Prince arrives in India for AI Impact Summit
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Abu Dhabi’s Crown Prince His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has met with Indian Prime Minister Narendra Modi on the sidelines of the AI Impact Summit in New Delhi.
