Kuwait
Industry
Ayass Motors has become the first company to commission a vehicle production plant in Jordan, along with Chinese strategic partner ZXAUTO. The plant will produce pick-up trucks, small...
2008-02-05Companies
German premium carmaker Audi is continuing its expansion in Kuwait with a new supply contract for leasing firm Priority Automobile Company. Under the terms of the KWD9.5mn (US$34.8mn)...
2008-01-24Companies
German premium carmaker Audi is spreading its wings in Kuwait, leading the way for a full expansion of the Volkswagen group in the country. In co-operation with local partner Fouad...
2007-11-21Companies
The first ever privately owned vehicle production plant will open in Jordan next year, following an agreement between local firm Ayass Motors and China's Hebei Zhongxing Automobile....
2007-06-20Companies
BMI's latest Kuwait Automotive Report forecasts modest growth in the country's car market over the next two years, followed by a decline in sales from 2009 onwards, due to a downturn...
2007-05-21Companies
In its latest Kuwait Automotive Report, BMI estimates that automotive sales totalled 106,210 units in 2006, a 1.8% rise over 2005. Published results from autos majors show that Kuwait's...
2007-02-13Companies
In its latest Kuwait Automotive Report, BMI has revised its car sales forecast due to an upward revision of our overall economic growth forecasts. We therefore forecast automotive...
2006-12-11Companies
Kuwait's ranking dropped from fifth place with Egypt to joint sixth with Israel this quarter. Kuwait lags behind in terms of its regulatory regime and competitive environment. It...
2006-11-21



