Mercedes-Benz is seeing a growing number of Indian buyers choosing electric vehicles as their first luxury cars, with EV sales doubling to five percent in the first half of 2024. This trend is driven by young buyers looking to stand out with electric models. The managing director of Mercedes-Benz in India mentioned that a small…
During Uthradam day, liquor sales through Bevco outlets in Thiruvananthapuram reached a record Rs 124 crore, compared to Rs 116 crore last year. The Asramam outlet in Kollam had the highest sales of Rs 1.15 crore on Uthradam day. The Karunagappally outlet in Kollam and the Chalakkudy outlet followed closely behind with sales over Rs…
The revenue of 3-5 star hotels in Oman increased by 7.9% by July 2024, reaching 132,306,000 OMR compared to 122,628,000 OMR in July 2023. This growth was driven by a 9.3% increase in the total number of hotel guests, reaching 1,204,426 in July 2024. The occupancy rate also grew by 2.1%. The number of Omani…
Economist Ed Hyman is changing his tune on the likelihood of a hard landing for the economy, now predicting a softer landing instead. He previously expected a 2% decrease in real GDP in the fourth quarter but has now revised that to 1% growth. Despite some lingering concerns, he sees several factors supporting a soft…
The number of visitors to Dhofar during Khareef season has increased by 10.3% compared to last year, with a total of 816,081 visitors so far. Omani visitors increased by 10%, while GCC visitors and visitors from other nationalities also saw an increase. Most visitors arrived via land port, with a 6.2% increase in visitors arriving…