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Al Tayer Group ( Arabic: مجموعة الطاير) is a privately held holding company established in 1979. [ 1][ 2] Currently, the group operates in 6 countries in the Middle East, including nearly 200 stores and 23 showrooms in multiple markets in the Middle East. The company is headquartered in Dubai, UAE and employs nearly 9,000 people.
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
List of countries and territories by motor vehicles per capita. China became the world's largest new car market in 2009. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows. Motor vehicles include cars, vans, buses, freight, and other trucks, but not two-wheelers. [citation needed]
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W Motors is an Emirati sports car company founded in Lebanon in 2012, being the first developer of high-performance luxury sports cars in the Middle East. Based in Dubai, the company's activities include automotive design, research and development, as well as vehicle engineering and manufacture. W Motors also performs automotive consultancy ...
Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles , owning Volkswagen Commercial Vehicles , along with controlling stakes in truck, bus and diesel engine ...
Qatar and the United Arab Emirates share a naval border and are part of the Arabic-speaking Persian Gulf region. They are both members of the GCC. [ 1] On 5 June 2017, as part of the Qatar diplomatic crisis, the UAE cut diplomatic relations with Qatar. [ 2] On 6 January 2021, Qatar and the UAE agreed to fully restore diplomatic ties. [ 3]
In August 2020, XPeng raised an additional US$400 million from a group of investors including Alibaba, Qatar Investment Authority and Abu Dhabi's sovereign wealth fund Mubadala. On 27 August 2020, XPeng raised US$1.5 billion with an IPO on the New York Stock Exchange , where its shares climbed more than 40% on the first day of trading. [ 17 ]