Day: March 23, 2014

Bentley Company breaks its record for global sales

  The British luxury cars company which is Bentley smashed its previous world record for sales by selling over 10,120 cars around the world last year which represents an increase of 19 percent compared to 2012. Wolfgang Schreiber, Chairman of the Directors’ Board in Bentley Company said: “the year of 2013 is our fourth year …

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Al-Futtaim Group gets the exclusive rights for Lotus cars in UAE

  Al-Futtaim Group recently announced for signing of an exclusive agency agreement with Lotus Middle East Company for cars in order to distribute its cars in the United Arab Emirates. Under this agreement, one of Al-Futtaim Group will exclusively distribute Lotus cars all over the United Arab Emirates with the provision of services for sales …

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Apple gets a patent for a wireless device that controls its devices in the car

The American Office of Patents and Trademarks granted Apple a new patent that has been published within 21 patents which are related to control the “IOS” devices remotely while driving. Apple patent is related to a small wireless controller which has a clip shape and this device can be installed on the steering wheel. This …

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Abu Dhabi Islamic Bank launches certificates for investing in international cars’ companies with a protected capital

  Abu Dhabi Islamic Bank introduced new certificates for investing in international cars’ companies with a protected capital so as to offer for its clients the opportunity to invest in the most important cars’ companies among many other cars’ manufacturers in the world where this industry is witnessing a remarkable growth in these days. These …

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50 investors in ‘Motor World’ stop paying rent and threaten to leave

About fifty investors who are half of the investors in the “Motor World” project stopped paying the annual rent and they also declined to renew the commercial licenses of their exhibitions which caused the accumulation of rents and late fines for renewal in addition to the end of some employees’ residences in those exhibitions, this …

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