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German car exports to U.S. slide 14% as Trump tariffs hit auto sector hardest
December 23rd, 2025 - 08:35 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

German car exports to U.S. slide 14% as Trump tariffs hit auto sector hardest

ALBAWABA- German automobile exports to the United States fell by nearly 14% in the first three quarters of 2025, making the auto industry the sector most affected by President Donald Trump’s renewed trade tariffs, according to a study reviewed by Reuters on December 22. The decline was almost double the overall 7.3% drop in German exports to the U.S., highlighting the exposure of Europe’s largest auto industry to rising trade ...
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In a statement released by GGICO, the company said profit for the first 6 months of 2013 had reached Dh58 million compared to a loss of Dh41 million in the same period last year (Photo credit: CGICO website).
August 15th, 2013 - 09:46 GMT

Gulf General Investment Co. reverses previous losses into Dh25 million profit


Sales of feature phones to end users totaled 210 million units and declined 21 per cent year-over-year.
August 15th, 2013 - 08:34 GMT

Finally! Feature phones and blackberries overtaken by rivals for the first time

Mandatory meters would minimise exploiting female passengers dependent on drivers (Photo credit: Emirates 24/7).
August 15th, 2013 - 07:54 GMT

A leap into the future? Saudi Arabia to introduce metered taxis

“Industrial estates will be built in Tafileh, Ajloun and Jerash, since these governorates are a priority because of the high rate of poverty and in light of their geographical location,” Minister of Industry, Trade and Supply Hatem Halawani said at the meeting.
August 15th, 2013 - 07:10 GMT

King Abdullah announces unprecedented development vision for Jordan's governorates

Authorities shut down and issued warnings to around 5,000 factories and vocational workshops in July for breaching health and environment regulations.
August 14th, 2013 - 01:32 GMT

Busted! 65 factories shut down in Jordan and thousands warned

The 51-year-old Pakistani said his staff battled for two and a half hours to keep the blaze away by using fire extinguishers and water hoses.
August 14th, 2013 - 12:22 GMT

$8 million lost in Sharjah blaze

Investments worth $63.1 billion will be in the GCC, $21.4 billion in Iran and approximately $53 billion in the combined other countries of the region.
August 14th, 2013 - 12:11 GMT

MENA's energy future requires $145.7b in investments

The non-financial sector (NFS) saw issuance increase threefold in 1H13, jumping $6.7 billion to $10.1 billion, its highest level ever.
August 14th, 2013 - 11:44 GMT

Non-financial sector debt issuance in the GCC at 'highest level ever'

Brent crude oil rose toward $110 per barrel Tuesday after oil exports from Libya fell to their lowest for two years, heightening supply worries ahead of scheduled cuts in output from fellow OPEC member Iraq.
August 14th, 2013 - 08:23 GMT

Shortages in Libyan and Iraqi oil production raise world prices

Taxis in dubai make an average of 8,335,424 trips per month, which the RTA said “is considered a new record in the Emirate of Dubai”.
August 14th, 2013 - 07:23 GMT

Metro, what metro? Dubai taxis making 50 million trips in half a year

The country earned $7.3 billion from its exports this month.
August 14th, 2013 - 07:06 GMT

Iraqi oil exports hit 16 month low

 Beirut swapped spots with Abu Dhabi as the most expensive Arab city in the region, while Jeddah (186) in Saudi Arabia continues to offer the cheapest cost of living for expats.
August 14th, 2013 - 06:21 GMT

How does Beirut rank higher than Abu Dhabi? Take a wild guess

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