While leading automakers such as Pak Suzuki and Kia have raised vehicle prices following the implementation of new taxes under the Federal Budget 2025–26, Sazgar Engineering has taken a different approach. In an official announcement, the company stated that it will absorb the cost of the newly introduced New Energy Vehicles (NEV) Adoption Levy. As a result, Haval vehicle prices will remain unchanged. This decision comes at a time when Pak Suzuki Motor Company and Kia Lucky Motors increased their prices, citing the increased sales tax rate and additional levies introduced in the new fiscal policy. Suzuki models like the Alto, Cultus, and Swift saw noticeable price hikes, while Kia increased rates across most of its popular vehicles, including Sportage and Picanto. Sazgar, on the other hand, emphasized its commitment to customer welfare by maintaining price stability. “As a responsible and customer-focused organization, Sazgar has consistently taken proactive measures to protect t...
In July 2024, Dubai’s Jebel Ali Port set a new record by handling 1.4 million TEUs (twenty-foot equivalent units), surpassing its previous record set in July 2015. This milestone highlights the port’s ongoing importance in global trade and reflects a 3.9% year-on-year increase in container volumes for the first half of the year, totaling 7.3 million TEUs. The growth in container volumes is largely driven by robust inbound cargo movements, particularly from key Asian markets such as China, Japan, and South Korea. This achievement is a testament to the strategic investments made by DP World, which operates the port, in technology, infrastructure, and the utilization of its global network. Jebel Ali Port’s success also supports Dubai’s broader economic goals under the Dubai Economic Agenda D33, further solidifying the city’s status as a leading global trade hub. The port’s growth is closely tied to the expansion of the Jebel Ali Free Zone (Jafza), which now hosts nearly 10,500 compa...