Share sales bring EFG Hermes’ total GCC IPO count to nine this year
business5 hours ago
Central Trading Company, a member of Al Rostamani Group, was recently appointed as the sole distributor for British tyre brand Davanti across all the UAE territories.
Launched in 2015, Davanti Tyres combines expert engineering, advanced manufacturing processes, extensive testing and progressive development. Advanced silica compounds combined with innovative tread designs ensure that every Davanti tyre delivers excellent quality, high durability, safety, efficiency and driving comfort for good value within the mid-range market.
Mohammed Aqel, general manager at Central Trading Company, expressed his enthusiasm for adding Davanti Tyres to the portfolio of the premium automotive brands distributed by the Company. He said: “We are very excited to partner with Davanti Tyres to bring a high-quality product to the UAE market at an affordable price. The brand responds to the market’s need by offering a wide range of sizes suitable for most cars, SUVs, 4X4 and vans.”
Najib Chakhtoura, sales director for Middle East and Africa — Davanti Tyres, said: “We are delighted to announce this partnership with Central Trading Company which has a distinguished and successful leadership with a very strong presence in the UAE market through dedicated and loyal customers’ network in each and every city.”
Peter Cross, general manager at Davanti Tyres, said: "It’s fantastic that the Davanti brand is trusted by Central Trading Company and that they recognise our commitment to innovation and quality being at the heart of every Davanti tyre. We look forward to further growing the brand in the UAE with their full support.”
Al Rostamani Group is one of the largest and oldest conglomerates in the UAE. The Group has grown steadfastly and conscientiously over the last 65 years with the guiding principles of commitment, care and vision.
Share sales bring EFG Hermes’ total GCC IPO count to nine this year
business5 hours ago
ACI Worldwide projects $30 million in losses by 2028
business5 hours ago
Former Nasa official sheds light on leveraging space as a ‘laboratory’ for regenerative medicine at Abu Dhabi Space Debate
lifestyle5 hours ago
UAE-based expats say Chat GPT has been a wonderful skincare consultant
beauty5 hours ago
Lutfi's drawings resonates with audiences worldwide, making him a standout figure in contemporary art
arts5 hours ago
Leading bitcoin miner expanded its operations in South America and Sweden
business5 hours ago
The ministry stressed that this seizure is a violation of international laws, especially the disengagement agreement between Israel and Syria
uae5 hours ago
Pearson’s Outstanding Learner Awards celebrate top-performing students
lifestyle5 hours ago