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BMW headquarters searched by EU investigators

BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. reported on BBC EU investigators are looking into allegations that BMW, Daimler, VW, Audi and Porsche colluded to limit their spending on emissions technology. BMW said EU staff had inspected

Dubai Investments profit declines in Q2

Dubai Investments said yesterday its second-quarter net profit dropped 12.6 percent owing to one-off gains from divestments amounting to Dh186 million in the first half of last year. Net profit attributable to equity owners reached in the three months to the end of June reached Dh190.9m compared with Dh218.3m a

Air Liquide and Al-Futtaim Motors inaugurate the first hydrogen station in Dubai,

Air Liquide and Al-Futtaim Motors inaugurate the first hydrogen station in Dubai, United Arab Emirates Air Liquide and Al-Futtaim Motors jointly inaugurated the first hydrogen station in Dubai, United Arab Emirates. This station, designed and installed by Air Liquide, will support the deployment of zero-emission fuel cell electric vehicles (FCEVs) in

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