Latest news with #Fujairah
Khaleej Times
13 hours ago
- Automotive
- Khaleej Times
UAE: OMODA & JAECOO, Galadari Brothers open landmark showroom in Fujairah
OMODA & JAECOO, in collaboration with their Northern Emirates dealer, the Mobility Division of Galadari Brothers, proudly marked the grand opening of their brand-new showroom in Fujairah on June 12. The prestigious event highlighted the brands' commitment to expanding their footprint across the UAE and strengthening their presence in the Northern Emirates. The opening ceremony was attended by a distinguished guest list, including VIPs, senior leadership from Galadari Brothers and OMODA & JAECOO, prominent influencers, and customers from across the region. Guests were offered an exclusive first look at the state-of-the-art facility, showcasing a full range of OMODA & JAECOO's latest models. With this launch, Fujairah becomes home to the second showroom under the Galadari Brothers partnership in the Northern Emirates, following Ras Al Khaimah. Plans are already underway for the opening of a third showroom in Sharjah, underscoring the brands' aggressive growth strategy in the region. The showroom itself is designed to serve as a hub for automotive enthusiasts, offering a futuristic and immersive experience. Visitors can explore the dynamic line-up, including the OMODA C5, JAECOO J7, J8, and the anticipated new energy vehicles, all in a setting that prioritises innovation and personalised customer service. Shawn Xu, Chief Executive Officer of OMODA & JAECOO Automobile International, commented: "The opening of our Fujairah showroom marks a significant step forward in our journey to bring cutting-edge mobility to every corner of the UAE. Together with Galadari Brothers, we are committed to offering not just advanced vehicles but an elevated ownership experience that resonates with the lifestyle and aspirations of today's customer." Axel Dreyer, Chief Executive Officer of the Mobility Division of Galadari Brothers, added: "This showroom is a testament to our dedication to offering customers in the Northern Emirates access to world-class vehicles and aftersales service. Our partnership with OMODA & JAECOO reflects our shared ambition to drive innovation, customer satisfaction, and long-term growth in the UAE automotive sector." The event also featured interactive demonstrations, networking opportunities, and vehicle showcases, giving guests a hands-on experience with the technology and design that define the OMODA & JAECOO brand. As the automotive market in the UAE continues to evolve, the opening of this showroom cements the position of OMODA & JAECOO as key players in delivering innovation, style, and sustainable mobility to customers in the region.
Yahoo
a day ago
- Business
- Yahoo
Here is Why Brooge Energy (BROG) Crashed This Week
The share price of Brooge Energy Limited (NASDAQ:BROG) fell by 20.7% between June 10 and June 17, 2025, putting it among the Energy Stocks that Lost the Most This Week. A huge refinery and oil storage facility with high automated machinery for blending and circulation. Brooge Energy Limited (NASDAQ:BROG) is the parent company of Brooge Petroleum and Gas Investment Company FZE, which operates as a midstream oil storage and service provider out of the Emirate of Fujairah in the United Arab Emirates. After a slight pullback, Brooge Energy Limited (NASDAQ:BROG) again plunged this week following the company's announcement that it will voluntarily delist from NASDAQ by mid-June, with no intentions to list its shares on any other securities exchange. Brooge expects the last day of quotation of its shares on NASDAQ to be on or around June 19, 2025. The company's decision to delist was based on a careful review of numerous factors, including the lack of an active trading market for its securities, the resources and expenses associated with maintaining SEC and Nasdaq reporting requirements, and the related regulatory burdens that have led to significant operating expense and attention of the company's management team. While we acknowledge the potential of BROG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
2 days ago
- Automotive
- Zawya
OMODA & JAECOO and Galadari Automobiles open landmark showroom in Fujairah
Fujairah, UAE – OMODA & JAECOO, in collaboration with their Northern Emirates dealer Galadari Automobiles, proudly marked the grand opening of their brand-new showroom in Fujairah. The prestigious event highlighted the brands' commitment to expanding their footprint across the UAE and strengthening their presence in the Northern Emirates. The opening ceremony was attended by a distinguished guest list, including VIPs, senior leadership from Galadari Automobiles and OMODA & JAECOO, prominent influencers, and customers from across the region. Guests were offered an exclusive first look at the state-of-the-art facility, showcasing a full range of OMODA & JAECOO's latest models. With this launch, Fujairah becomes home to the second showroom under the Galadari Automobiles partnership in the Northern Emirates, following Ras Al Khaimah. Plans are already underway for the opening of a third showroom in Sharjah, underscoring the brands' aggressive growth strategy in the region. The showroom itself is designed to serve as a hub for automotive enthusiasts, offering a futuristic and immersive experience. Visitors can explore the dynamic line-up, including the OMODA C5, JAECOO J7, J8, and the anticipated new energy vehicles, all in a setting that prioritizes innovation and personalized customer service. Shawn Xu, Chief Executive Officer of OMODA & JAECOO Automobile International, commented: "The opening of our Fujairah showroom marks a significant step forward in our journey to bring cutting-edge mobility to every corner of the UAE. Together with Galadari Automobiles, we are committed to offering not just advanced vehicles but an elevated ownership experience that resonates with the lifestyle and aspirations of today's customer." Axel Dreyer, Chief Executive Officer of Galadari Motors, added: "This showroom is a testament to our dedication to offering customers in the Northern Emirates access to world-class vehicles and aftersales service. Our partnership with OMODA & JAECOO reflects our shared ambition to drive innovation, customer satisfaction, and long-term growth in the UAE automotive sector." The event also featured interactive demonstrations, networking opportunities, and vehicle showcases, giving guests a hands-on experience with the technology and design that define the OMODA & JAECOO brand. As the automotive market in the UAE continues to evolve, the opening of this showroom cements the position of OMODA & JAECOO as key players in delivering innovation, style, and sustainable mobility to customers in the region. About OMODA&JAECOO OMODA & JAECOO is a next-generation automotive brand under Chery International, committed to reshaping the future of intelligent and sustainable mobility. With a design philosophy rooted in innovation, personalization, and co-creation, the brand caters to global consumers who seek individuality, connectivity, and freedom. OMODA focuses on futuristic, tech-forward urban vehicles, while JAECOO specializes in premium, off-road-inspired SUVs that harmonize rugged performance with refined aesthetics. Together, OMODA & JAECOO is pioneering a new global ecosystem of lifestyle mobility, offering smart, safe, and stylish solutions for modern explorers. The product line-up includes OMODA C5, JAECOO J7, JAECOO J8, and the upcoming OMODA C7, and JAECOO J5, along with the upcoming SHS models. As part of its long-term commitment, OMODA & JAECOO has established a 12,000 sqm spare parts distribution center in JAFZA, the largest Chinese automotive parts hub in the Middle East. This facility enhances regional logistics and aftersales support. Additionally, through its strategic partnership with Maersk, OMODA & JAECOO have further strengthened their logistics and aftersales operations in the UAE, ensuring 100% spare parts availability and rapid delivery within 24 and 48 hours. In the UAE, Autorun, MAHY Khoory Automotive and Galadari are the official distributors of OMODA & JAECOO, in Dubai, Abu Dhabi and Northern Emirates respective, thus ensuring seamless market entry and premium customer experience.
Bloomberg
2 days ago
- Business
- Bloomberg
Demand for Oil Loading Outside Persian Gulf Soars on War Risk
Middle Eastern oil that loads outside the Persian Gulf and at least one Malaysian grade are suddenly more popular with Asian buyers as the Israel-Iran conflict threatens to imperil the passage of vessels through the Strait of Hormuz. Take Murban, which can be exported from Jebel Dhana on the Persian Gulf and, if purchased on the ICE Futures Abu Dhabi exchange, from Fujairah on the Indian Ocean-side of the strait. Trading volumes on ICE Futures shot up to 44,000 lots Friday, almost triple the average for the year prior to that, after the initial Israeli strikes. They've stayed elevated this week.
Khaleej Times
2 days ago
- Khaleej Times
UAE: Man jailed for paying sorceresses Dh30,000 to win back wife's love
The Fujairah Court of Appeal has upheld a six-month jail sentence against a man convicted of engaging in sorcery and violating the privacy of his wife and her family by sharing personal photos with an alleged "spiritual healer" via WhatsApp. The case began when the wife filed a police report claiming her husband had used black magic on her, their children, and her relatives. She discovered this after a spiritual healer sent her photos and WhatsApp conversations proving the husband's involvement. According to local news outlet Emarat Al Youm, the man admitted during questioning that he had searched online for someone to perform love spells to win back his wife. He found a woman living in another Arab country who promoted herself on social media as a specialist in "bringing back loved ones". He contacted her through WhatsApp and agreed to pay her Dh20,000. He also sent her personal photos of his wife, a video of himself, and both their phone numbers as part of the arrangement. Later, the woman demanded an additional Dh25,000, which he refused to pay. She then threatened to expose him by sending the images and messages to his wife. Ignoring the threats, he turned to another sorcerer and paid Dh10,000. When that failed, he contacted a third woman who didn't ask for money, but before anything progressed, he was arrested by police. The wife, who had already filed for divorce due to ongoing abuse and had left the marital home two months prior, said her suspicions were confirmed when a woman from outside the UAE contacted her, offering evidence of her husband's use of magic for a fee of Dh35,000. When the wife refused to pay without proof, the woman sent her photos, a video, and images of spells, which she submitted as evidence to authorities. The Public Prosecution charged the man with four offenses: engaging in fraud and sorcery with unknown individuals (whose phone numbers were traced), endangering others, violating privacy by sending personal images via WhatsApp, and unlawfully possessing and sharing private materials. The case was classified as a misdemeanor under cybercrime and fraud laws. The first court sentenced him to six months in prison and ordered the confiscation and destruction of the seized materials. He appealed the verdict, denying the charges in court. However, the appellate court rejected his denial, finding the original ruling was based on solid evidence and legal reasoning. The appeal was dismissed, and the initial verdict of six months in jail and confiscation of all materials was officially upheld.
