Breaking News
- Fin acquires Thuthukani and integrates it as Fin Home Loans in South Africa.-
- Microsoft ADC launches Season 4 of university students’ coding competition-
- Guardforce Security Adopts Hytera Push-to-talk to Improve Operational Efficiency
- Takeda Announces Positive Results in Phase 2b Study of Investigational TAK-279, an Oral, Once-Daily TYK2 Inhibitor, in People with Moderate-to-Severe Plaque Psoriasis
- The Women’s Entrepreneurship Accelerator Celebrates Three-Year Anniversary Milestone at Geneva Event with the Launch of the Digital Innovation Challenge for Women Start-ups in Partnership with International Telecommunication Union
- WisdomTree Adopts Limited Duration Stockholder Rights Plan
- SES’s Fourth and Fifth C-band Satellites for the United States Successfully Launched
- Zipline unveils new autonomous system for home delivery
- Sahara Group urges collaboration, investments to drive sustainable energy in Africa
- Yabx Technologies expands into Nigeria
- Safaricom partners with Huawei to unveil 5G experience centres in Nairobi
- Sophos demonstrates how to make ChatGPT a cybersecurity co-pilot
- KFC appoints Akhona Qengqe General Manager for Africa
- T.A.C raises USD 12.2 Mn in Series A round led by Sixth Sense Ventures
- Global Financial Community Optimistic to Overcome Market Challenges and Build Stronger, Tech-Driven, Sustainable Future Economy
- Acuity Knowledge Partners Tops 5,500 Staff as Demand for Bespoke Research and Analytics Continues
- European Society of Anaesthesiology and Intensive Care (ESAIC) Recommends Noninvasive, Continuous Hemoglobin Monitoring
- Thales Launches World’s First GSMA Certified iSIM (Integrated SIM) with Qualcomm’s latest Snapdragon Mobile Platform
- LuLu Exchange rolls out Ramadan special cashback offer
- Netcracker Showcases Leadership and Expansion in the Middle East at FutureNet MENA 2023
- Rimini Street Earns 2023 Top Workplaces USA Award from Energage
- HanesBrands Names Lorenzo Moretti President of Champion Europe
- O-RAN ALLIANCE Announces MoU with OAI, New OTICs, O-RAN Release 3, New Specifications and Spring PlugFest
- Regional Conference of WMO’s Regional Association II (Asia) Concludes in Abu Dhabi
- Addressing Growing Demand, Lineage Logistics Opens Expanded Cold Storage Facility in Aarhus, Denmark’s Largest Container Port
- CSG Awarded Patent for Zero-Code Ecosystem Design
- AB InBev Wins Unprecedented Back-to-back “Creative Marketer of the Year”
- Ozon Informs about Receipt of Delisting Notice from Nasdaq
- Leaders from eXtra, Flow Progressive Logistics, Nomu Group and more to Speak at Shipsy’s Limitless CXO Roundtable in Jeddah
- ThetaRay Reports Upswing in Demand for Cross-Border Transaction Monitoring Amid Banking Crisis
- Amarenco Raises 300 Million Euros to Support Its Growth as a Solar IPP and Storage Energy Player
- Quectel Launches Wi-Fi HaLow Module to Address Extensive Indoor and Outdoor IoT Applications
- Ceres Collaborates with Bosch and Linde Engineering on a 1MW Green Hydrogen Demonstration
- Quectel Certification Services offering speeds up time to market and takes away certification cost and complexities for IoT devices
- Brightcove Expands E-commerce Capabilities With New Platform Integrations
- UK High Court recognizes Lenovo as willing licensee in landmark FRAND case
- Quectel Announces CC200A-LB Satellite Module for IoT Industries
- Zoho opens new office and training center in Nairobi
- SLVA and Black Kite join forces to protect businesses from third-party cyber risks
- University of Nebraska Medical Center and ANANDA Scientific announce First Patient Enrolled in FDA-approved clinical trial for Post-Traumatic Stress Disorder (PTSD)
- Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100
- Innovation in Resistance Management: VECTRONTM T500, a New Vector Control Product, is Prequalified by the World Health Organization (WHO)
- Laserfiche Announces 2023 Laserfiche Run Smarter® Award Winners
- Tigo Energy Reports Full Year 2022 Financial Results
- Leaders of the Global Financial Community Outline Positive Outlook for Sector as Financial Sector Conference Opens in Riyadh
- LG Showcase MEA 2023 returns with first-hand experiences of LG’s latest innovations
- Andersen Global Adds Valuation Capabilities in Romania
- Anxinsec Highlighted An Innovative and All-in-one Solution for Endpoint and Workload Protection at X-LABS Stage.
- PMC Group and The Chakrabarti Foundation Make Donation to Ramakrishna Mission Saradapitha Belur Math of West Bengal
- Fork & Good Introduces the Pork Factory of the Future to make Sustainable Meat More Affordable
CarSwitch Call for Greater Transparency in the Used Car Market

A new report by CarSwitch is calling for greater transparency in the AED 60b GCC used car industry. The survey of 1000 UAE residents found the leading issue, among all buyers, was the need for greater levels of trust and transparency in the auto sector. CarSwitch’s second study looked at purchasing behaviour of 1,024 UAE Drivers aged 25+ in the UAE. It found that 58% cited quality and reliability as the leading factor when looking to buy a used car with the ability to see full accident and service histories being the key priority. Imad Hammad, Founder and CEO, said: “Our business was built on the market need to drive more value, quality and transparency in the market. Peace of mind is a key issue for buyers and sellers in an industry that has been reliant on dealers. By incorporating technology at the heart of our business, we can empower our customers to take full control of their transactions while ensuring that they can do so safely and securely.” Nearly 60% of respondents across all ages and nationalities identified quality and reliability as key concerns when buying a used car. The 25-34 group were most cautious at 59% with the 35-44 group just behind at 55%. Asian-Pacific respondents led the field from a geographic perspective (59%). Both buyers and sellers remain male-focused, women 62% felt greater clarity when seeing condition reports, accidents and service histories was vital. CarSwitch’s report is part of the ongoing GCC-wide research into changing consumer priorities and is the foundation of their new Get More Campaign, which provides customers with even greater detail about their deals. The launch of the 360 feature for private sellers gives customers even higher direct confidence in buying used cars. Following CarSwitch’s successful KSA launch, the GET MORE Campaign will roll out across the UAE and KSA from January 2022, and the firm is looking to roll out new features to cater to the needs of the growing KSA market. Over the last five years, CarSwitch has grown from a startup to a business with over 500k app users and an annual turnover approaching $100m. It is one of the highest-rated automotive experiences in both iOS App and Google Play Store.