OMODA & JAECOO Marks End-of-Ramadan Success with Strategic Fleet Expansion via Galadari Rent A Car - Middle East Business News and Information
60 Vehicles Delivered in Ras Al Khaimah as Demand Surges for Intelligent Mobility Solutions Across the UAE
Ras Al Khaimah, UAE,March 2025: OMODA & JAECOO, the global automotive brand redefining intelligent mobility, marked the end of Ramadan with a major milestone in the UAE—handing 60 vehicles to Galadari Rent A Car during a high-profile ceremony held at the OMODA & JAECOO showroom in Ras Al Khaimah.
The event, which also included the direct delivery of vehicles to select customers, underscored the growing popularity of OMODA & JAECOO's intelligent, high-performance models across the Emirates—particularly during a season when families and travelers are on the move.
This strategic handover aligns with OMODA & JAECOO's vision to expand access to its future-driven vehicles through diversified channels. With the addition of these vehicles to Galadari Rent A Car's fleet, a wider segment of customers will now experience the brand's advanced safety systems, bold design language, and intelligent driving technology firsthand.
Shawn Xu, CEO of OMODA & JAECOO Automobile International , stated: 'This handover is a celebration of our rapid success and growing popularity in the UAE market. It marks another step in our long-term commitment to the UAE market and further enhances our collaboration with Galadari. By expanding our partnership, we are ensuring that more customers can engage with the OMODA & JAECOO experience. Our vehicles are designed to integrate intelligent mobility with sustainability and efficiency, redefining what customers expect from modern driving. We look forward to continuing this journey, delivering vehicles that meet the evolving needs of the UAE's automotive landscape.'
Peter Holt, Business Head from Galadari Rent A Car said: 'At Galadari Rent A Car, we are committed to shaping the future of mobility by offering customers access to vehicles that prioritize sustainability, performance, and advanced technology. OMODA & JAECOO's models are designed for modern drivers who seek seamless connectivity, enhanced safety, and fuel efficiency—qualities that are increasingly essential in today's automotive landscape. Expanding our rental fleet with these vehicles allows us to meet growing customer expectations while reinforcing our role as a trusted provider of innovative mobility solutions in the UAE.'
This milestone marks an important step in OMODA & JAECOO's UAE expansion strategy ensuring its vehicles are available through multiple channels, from state-of-the-art showrooms to rental services. As the brand continues to grow, it remains dedicated to delivering sustainable, intelligent, and future-ready mobility solutions that set new standards in the industry.
Through strategic partnerships and a vision centered on innovation and customer experience, OMODA & JAECOO continue to offer a new standard of excellence in intelligent mobility.
About OMODA & JAECOO:
OMODA & JAECOO is an innovative automobile brand redefining mobility through cutting-edge design, smart technology, and sustainable solutions. Backed by Chery, the largest Chinese automotive producer, the brand is expanding rapidly across 34 global markets, including the Middle East, Europe, Southeast Asia and Africa (MEA), reinforcing its vision of 'New Products + New Technology + New Ecosystem'.
OMODA & JAECOO is committed to revolutionizing urban and off-road travel, delivering vehicles that integrate futuristic technology, AI-driven connectivity, and next-generation safety features. With the UAE serving as a key hub under its global strategy, the brand is setting new industry benchmarks in customer service, innovation, and sustainable mobility.
As part of its long-term commitment, OMODA & JAECOO has established a 12,000 sqm spare parts distribution center in JAFZA, the largest Chinese automotive parts hub in the Middle East. This facility enhances regional logistics and aftersales support, ensuring a 95% fulfilment rate and 24-hour VOR (Vehicle Off-Road) part supply efficiency. Additionally, through its strategic partnership with Maersk, OMODA & JAECOO have further strengthened their logistics and aftersales operations in the UAE, ensuring 100% spare parts availability and rapid delivery within 24 and 48 hours.
In the UAE, Autorun, MAHY Khoory Automotive and Galadari are the official distributors of OMODA & JAECOO, in Dubai, Abu Dhabi and Northern Emirates respective, thus ensuring seamless market entry and premium customer experience. The brand's latest lineup, including the OMODA C5, JAECOO J7, and JAECOO J8, embodies sustainable performance, intelligent mobility, and futuristic automotive innovation.
With a global vision to lead the future of mobility, OMODA & JAECOO is dedicated to shaping an eco-friendly, tech-integrated, and customer-centric automotive experience.
OMODA & JAECOO are sub-brands designed to meet evolving global automotive demands. OMODA, a fashionable cross-border series, focuses on the new generation of LOHAS with future-driven aesthetics and cutting-edge technology. On the other hand, JAECOO, a fearless off-road series, caters to urban elites, breaking barriers in the global off-road market with refined styling and outstanding performance.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Tahya Masr
21-05-2025
- Tahya Masr
Yalla Group announces strong financial results for Q1, 2025 reporting steady growth in revenues
Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the first quarter of the fiscal year 2025, ending on March 31. The company reported quarterly revenue of AED 308.2 million (USD 83.9 million), a 6.5 percent increase compared to the same period last year. Net income for the quarter rose to AED 133.7 million (USD 36.4 million), marking a 17 percent year-over-year increase. On a non-GAAP basis, net income reached AED 143.6 million (USD 39.1 million), up 10.9 percent from the same quarter in 2024, with a non-GAAP net margin of 46.6 percent. Average Monthly Active Users (MAUs) grew to 44.6 million, a 17.9 percent increase from 37.8 million in the corresponding period last year, underscoring the continued expansion and engagement of Yalla's user base across the region. Outperformed expectations Speaking on the occasion, Mr. Yang Tao, Founder, Chairman and Chief Executive Officer of Yalla said: 'We kicked off 2025 with a strong and promising first quarter. Despite seasonal factors such as Ramadan, we outperformed expectations, reflecting the resilience of our business model and the effectiveness of our long-term growth strategy. "Our steadfast commitment to enhancing user experience, improving operational efficiency, and deepening engagement across our platforms has contributed to healthy momentum. The improvements we've made to user acquisition and gamification are driving higher retention and increasing the value we deliver to our user base.' Tao highlighted that expanding the application of artificial intelligence technologies to analyze user behavior and manage data has significantly enhanced decision-making efficiency. He concluded: "Building on the continued success of our platforms and the company's ongoing development, we are leveraging this growth momentum to increase the value we deliver. We are committed to achieving sustainable returns for our shareholders and strengthening our leadership in the regional digital communication and entertainment sector." Sustainable growth For his part, Saifi Ismail, Group President at Yalla Group, said: 'We are very pleased with the strong operational results achieved this quarter, especially given the seasonal impact of Ramadan. The impressive growth in monthly active users, driven organically and without additional marketing spend, highlights the effectiveness of our product strategy and the growing strength of our brand across the region. This performance validates our focus on scalable, efficient growth and reinforces the solid foundation we've built for continued expansion.' "As the global economy adjusts to shifting macroeconomic dynamics, the MENA region stands out for its digital readiness, something which aligns well with our long-term strategy. We are particularly proud of the progress we've made in AI deployment, notably in our proprietary content moderation platform, which now leads the region in recognition speed and accuracy." He added: "As we look to the future, we are committed to driving sustainable, high-quality growth through product innovation, operational excellence, and enhanced user experience. Our continued investment in AI and data analytics is enabling smarter decision-making and greater agility in responding to market trends. These capabilities, combined with our strong regional positioning and scalable platform, put us in an excellent position to continue delivering value to both our users and shareholders.'
Daily News Egypt
21-05-2025
- Daily News Egypt
Urban inflation rises to 13.9% in April despite fuel price hikes
Urban headline inflation in Egypt edged up to 13.9% in April 2025, compared to 13.6% in March, according to the Central Bank of Egypt (CBE). The slight increase came in the wake of fuel price hikes introduced by the Fuel Automatic Pricing Committee on April 11, which raised prices of gasoline, diesel, and LPG cylinders. Despite this, overall inflationary pressures remained relatively contained, supported by falling food prices. Core inflation, which excludes volatile items such as food and energy, accelerated to 10.4% in April, up from 9.4% in March. This increase was driven by a rise in monthly core inflation, which registered 1.2%, compared to 0.9% in March and 0.3% in April 2024. The uptick reflects the pass-through effect of higher fuel prices on services like private inland transportation and spending on restaurants and cafes. Rising costs in retail items, particularly clothing and pharmaceutical products, also contributed to the increase. However, these pressures were partially offset by a decline in core food inflation, which fell by 0.8% due to a notable drop in poultry prices. Monthly urban headline inflation came in at 1.3% in April, down from 1.6% in March, but slightly higher than the 1.1% recorded in April last year. The slowdown was largely attributed to an unexpected 12.9% decline in fresh fruit prices, which typically rise during this period. This seasonal anomaly, along with relatively stable prices in non-food items and core food products, helped moderate the overall monthly inflation rate. In rural areas, annual headline inflation rose to 13.1% in April, up from 12.5% in March. On a national level, annual headline inflation reached 13.5%, compared with 13.1% a month earlier. Food price movements had a mixed impact. Poultry prices dropped by 6.5% in April, marking the first decline in three months and reflecting a typical post-Ramadan seasonal adjustment. Egg prices also decreased, falling by 3%. Together, these items reduced monthly headline inflation by 0.44%. In contrast, fish and seafood prices rose by 2.7%, driven by seasonal demand during the Eid al-Fitr and Easter holidays, contributing 0.08% to overall inflation. While fresh vegetables saw a modest 1.4% increase, the sharp drop in fresh fruit prices outweighed this, and the combined effect of both categories subtracted 0.36% from monthly headline inflation. Non-food categories exerted stronger upward pressure. Prices of regulated items rose by 4% in April, contributing 0.84% to headline inflation. This was largely due to the 14% increase in fuel prices, which led to indirect inflationary effects on public transportation. Service prices increased by 2.3%, adding 0.61%, with much of the rise attributed to higher restaurant costs and private transportation fares. Retail items also saw significant price hikes, rising by 3.6% and contributing 0.50% to inflation. Pharmaceutical products in particular saw a 12% increase, while clothing prices also trended upward. Monthly core inflation was shaped by these developments. Services and retail items contributed 0.84 and 0.69%, respectively, to the monthly core reading. However, the decline in core food prices provided a counterbalance, subtracting 0.35% from the overall figure.
Daily News Egypt
17-05-2025
- Daily News Egypt
Disinflation still faces headwinds, but price growth stabilising and high real rates leave CBE room to cut next week
Headline inflation stood at 13.9% y-o-y in April, broadly unchanged from March. This steady annual figure is largely base-effect driven, with sequential data showing monthly price growth exceeding 1% for a fourth consecutive month. Notably, April saw transport costs jump nearly 10% m-o-m following an increase in administered fuel prices—a central component of the IMF-backed reform programme. These gains were partly offset by a monthly decline in average food prices, likely reflecting the unwinding of seasonal effects tied to Ramadan. April's inflation rate remains well above the Central Bank of Egypt's 7% (±2%) target. With credit growth still positive in real terms and further subsidy reductions expected at the start of the new fiscal year in July, the path toward price stability remains challenging. This is likely to keep the CBE cautious in setting its monetary policy stance, especially as the IMF begins the fifth review of Egypt's Extended Fund Facility programme and has cautioned against premature easing. However, core inflation has decelerated more sharply than the headline rate, registering roughly 3.5 percentage points lower in April. This indicates that underlying price pressures are relatively contained. Excluding the one-off rise in fuel prices, sequential inflation would have slowed by about 1ppt. Furthermore, still-muted growth, tight fiscal policy, and FX stability suggest that demand-side pressures do not justify maintaining a real policy rate exceeding 10 percentage points—on both a realised and forward-looking basis. Accordingly, we continue to expect a 200bp cut when the Monetary Policy Committee meets on 22 May, building on the easing cycle initiated in April. Large external deficit, but revenue momentum emerges. From this point, a pause in easing may be warranted to allow the CBE to assess underlying price dynamics. The stance will likely be influenced in part by global risk sentiment and the strength of capital inflows—both critical for currency performance. Recent data show the current account recorded a $5.2bn deficit in Q4 2024—a $1.7bn improvement year-on-year, but still amounting to over 6% of GDP on a rolling 12-month basis. Simon Williams, Chief Economist, CEEMEA, HSBC Bank
