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Senior Minister and International Trade and Industry Minister Datuk Seri Azmin Ali is pictured at the Collaboration Agreement signing ceremony between Bin Zayed Group and Widad Business Group in Kuala Lumpur March 30, 2021. Picture by Ahmad Zamzahuri
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KUALA LUMPUR, April 25 Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali will lead a trade and investment mission to Saudi Arabia and the United Arab Emirates (UAE) from tomorrow until May 4, 2021.
The mission is part of the Ministry of International Trade and Industry’s (Miti) continuous effort to promote business opportunities and strategic partnerships between Malaysia and the West Asian region.
Is it time for MENA’s car retail industry to shift online?
Data shows visits to showrooms fell by 80 percent in Saudi Arabia during the March-June 2020 pandemic period
A study by YallaMotor found 60 percent of car buyers now prefer to buy online rather than from a showroom
Updated 29 min 59 sec ago
Ahmed Gabr
April 02, 2021 22:58
DUBAI: The global pandemic has drastically accelerated digitalization in consumer-facing industries, offering vendors an opportunity to survive the current slump but also pave the way for sustained future growth.
Global car sales were expected to shrink by 9.4 percent by the end of 2020. Many factors have contributed to this slide, including the COVID-19 pandemic and the subsequent decline in consumer purchasing power, plus weaker economies, a reduced need for transportation, and crashing oil prices.