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Portuguese car sales surge to 31.4% to total 21,053 units once again May: ACAP

LISBON: Vehicle sales rose by 31.4 percent year on year in May to total 21,053 units, ACAP – the Portuguese Automobile Association – reported this week. The ACAP press release said that thus far this year the five-monthly vehicle sales total stood at 92,605 units, up 30.3 percent on 2014. Passenger vehicle sales rose 33.1 percent year-on-year in May to ... Read More »

Portuguese car sales surge to 31.4% to total 21,053 units once again May: ACAP

LISBON: Vehicle sales rose by 31.4 percent year on year in May to total 21,053 units, ACAP – the Portuguese Automobile Association – reported this week. The ACAP press release said that thus far this year the five-monthly vehicle sales total stood at 92,605 units, up 30.3 percent on 2014. Passenger vehicle sales rose 33.1 percent year-on-year in May to ... Read More »

JIB bank gains surge 9pc to $16m Q1-2015

AMMAN: Jordan Islamic Bank (JIB), a subsidiary of Bahrain-based Al Baraka Banking Group, has reported nine per cent growth in net profit at $ 16.08 million for the first quarter when compared with $ 14.67m for the first quarter last year. Profits before tax saw a growth of about 14.1pc to $ 23.41m when compared with $ 20.45m earlier. The ... Read More »

Poland’s car production surges 10% in March 2015

WARSAW: Poland’s car production in March rose 10% month on month and more than 20% year on year, and reached 67,600 vehicles, the best result since February 2012, data from market researcher Samar showed. Q1 output thus reached 183,100 cars, 30,300 more than in the same period a year ago. The recovery is mainly attributed to Opel’s Gliwice based plant, ... Read More »

Polish work permits surge 11% in 2014

WARSAW: The number of work permits issued to foreign employees increased in 2014, by 11% on 2013, while the number of employers’ declarations on the intention to employ a foreigner grew by 64.5% year on year. Remittances sent by immigrant workers in Poland to their families abroad surged to EUR 1.51 billion in 2014 from EUR 1.03 billion in 2013, ... Read More »