July 12, 2018


Yamalube – A Liquid Engine Component: Glass Harp

Yamaha develops its oil alongside the engine it will be used in, and this duty is performed by the engineers themselves. Each Yamalube oil has been specially blended to deliver optimum performance through know-how garnered from use on city streets and racetracks to frozen landscapes, scorching deserts and the open sea.

In this second Yamalube video, the oil provides the beautiful melody of a glass harp as it brings both performance and peace of"...

Continue Reading >

July 12, 2018


ExaGrid, Hyper-Converged Secondary Storage for Backup Leader, Reports Record Q2 Bookings and Revenue for Q2-2018

ExaGrid®, a leading provider of hyper-converged secondary storage for backup, today announced record Q2 bookings and revenue for Q2 2018. ExaGrid grew at a rate of 22% over the same quarter of the prior year, continuing its trend of progressive growth at a faster rate than that of the overall market and resulting in progressive market share gain. The company also continued its up-market trajectory, attracting increasing numbers of enterprise customers with hundreds of terabytes to petabytes of data to be backed up. “ExaGrid continues to drive up market with the most scalable backup storage in the industry that can ingest up to a 2PB full backup into a single system at 432TB/hr., which is twice the size of the Dell EMC Data Domain DD9800 with 3X the ingest performance,” said Bill Andrews, CEO and President of ExaGrid. In addition to record Q2 bookings and revenue, ExaGrid:......

Continue Reading >

July 12, 2018


Hotel Transylvania 3: A Monster Vacation set to become the first Arabic dubbed film to be released in Saudi Arabia

Empire International, the exclusive theatrical distributor of Sony Pictures Releasing International in the Middle East is set to release Sony Pictures Animation’s Hotel Transylvania 3: A Monster Vacation across the region today. Along with the English movie, an Arabic dubbed version of the film will be out simultaneously featuring the voice of prominent TV personalities Raya Abi Rached and Qusai Kheder. Both voice talents attended several premieres this week in Dubai, Beirut and most notably in Riyadh yesterday.


Continue Reading >

July 4, 2018


Skoda to help VW conquer India

Call it third time lucky. After two unsuccessful attempts to crack the promising Indian market, VW is trying again, this time with its Czech subsidiary Skoda, which is getting €1 billion ($1.16 billion) for an investment drive to double the group’s market share to 5 percent over the long term.

At present, VW Group’s market share in India"...

Continue Reading >

July 4, 2018


New chief takes charge at Ford South Africa

Neale Hill took over as Ford's managing director of South Africa and sub Saharan Africa this week.

South African native Hill, 50, replaced Casper Kruger, a seasoned automotive professional with over 20 years' experience, who decided to leave 'and take on a new personal endeavour', Ford SA said in a statement.

Hill, previously Ford SA's director of marketing,"...

Continue Reading >

July 1, 2018


Rwanda's first domestically built car plant

Rwanda’s first domestically built car rolled off the assembly line at Volkswagen’s new factory in Kigali on Wednesday, as Europe’s biggest carmaker taps into demand for ride-sharing to expand in the region.

Despite low levels of car ownership in Rwanda, Volkswagen hopes to both sell vehicles and use them in an Uber-like car-sharing system that will allow people to book rides using their smartphones.


Continue Reading >

June 28, 2018


BAC Partners with Poseidon to Become the First Car Manufacturer to Go ‘Climate Positive’

(AETOS Wire) -- Briggs Automotive Company (BAC) based in Liverpool has become the first car manufacturer in the world to go ‘climate positive’, setting a new industry standard for climate action. Becoming climate positive means that BAC will contribute to the removal of more carbon dioxide from the atmosphere than it emits. To deliver on its commitment to protect the environment, the maker of the world-famous Mono supercar has partnered with the Poseidon Foundation. Poseidon gives individuals, organisations and governments the opportunity to rebalance their carbon footprint by supporting forestry conservation projects around the world using blockchain technology. As the manufacturer of the world’s only single-seater, road-legal supercar used primarily to enjoy the sport of driving in its purest form, BAC is conscious of its environmental impact; and it will be taking measures......

Continue Reading >

June 27, 2018


Projected Revamping Of Book Of Conditions Of Vehicle Assembling Factories

Finance Minister Abderrahmane Raouya revealed new measures to be imposed on car manufacturers in Algeria, including the possibility of reviewing the relevant book of conditions in the near future.
“There will be restrictive measures to regulate this sector of activity, especially after Article 6 of the additional Finance Bill of 2018 was dropped, Mr. Raouya said in response to a question about Algeria’s automobile assembly activity on the sidelines of the MPs’ vote on the adoption on Monday of the"...

Continue Reading >

June 23, 2018


Kenya: Posta Gives DT Dobie and Isuzu Sh52 Million Orders

Postal Corporation of Kenya has given local vehicle assemblers DT Dobie and Isuzu East Africa a big boost with a Sh52.2 million order.

Posta on Thursday said the vehicles would add to its existing fleet for delivery and sales operations.

“It is the first official delivery of vehicles built in Kenya to the Kenyan government. We want to drive industrialisation and"...

Continue Reading >

June 19, 2018


Hertz Announces Exclusive Lease Deals On New Toyota Models

Hertz UAE, a part of the Al-Futtaim Automotive Group, launched a one-month-long lease promotion exclusively for five new Toyota models. The promotion offers individual and corporate customers a cost effective single stop solution to enjoy the benefits of driving a Toyota car.

Hertz UAE is a 360-degree mobility solutions provider offering a value-based customer experience enabled by the highest quality of professionally"...

Continue Reading >

Forex News Headline

Forex Market Video