The economies of the Middle East are coping with lower oil prices and the resulting austerity measures. The downturn impacted many small and medium enterprises, along with multinational corporations serving the oil industry.
Allan Wells joined the company in August and is based in the Emirate of Dubai, one of the seven emirates that comprise the United Arab Emirates.
The addition of 50 Tesla cars to Uber's fleet is part of a partnership with the Dubai Taxi Corporation, which plans to bolster its own fleet with 200 Tesla model this year.
The United Arab Emirates Ministry of Energy launched an incentive program that will call for up to 10% of car fleets of federal ministries and agencies to be electric vehicles.
Tesla has launched in the United Arab Emirates (UAE), during an event hosted by CEO Elon Musk in Dubai on Feb. 13.
Fresh Del Monte Produce is expanding its business in Saudi Arabia and the United Arab Emirates by increasing its presence in the foodservice space
Toyota has agreed to collaborate with Masdar, a city located in the United Arab Emirates, the Abu Dhabi National Oil Company, Air Liquide, and Toyota distributor Al-Futtaim Motors for the creation of a sustainable, low-carbon society.
Chinese automaker Chery launched its Arrizo 5 in the UAE and Saudi Arabia. The UAE and Saudi Arabia were the new legs of the global launch tour of Arrizo 5, after it was launched in Chile, China, Iran and Peru.
Emrill, a facilities management provider in the UAE, signed a four year deal with Hertz rental to improve efficiency in fleet management, the company said.
The conference, which took place in Dubai, aims to identify various industry trends and topics within the region.
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