AGMC unveils Geely's largest showroom on Sheikh Zayed Road to serve the surging demand from UAE customers
Dubai, UAE: AGMC, the official distributor of Geely Auto in the UAE, has inaugurated its flagship facility strategically located on Sheikh Zayed Road, Dubai, making it the seventh Geely showroom in the country. The expansive new showroom is Geely's largest in the UAE to date and a new landmark in the brand's ongoing expansion across the region.
Dr Andreas Schaaf, Group Director, AlBatha Automotive Group, commented: 'The inauguration of our flagship showroom marks a significant step forward in Geely's growth journey. With demand for smart, sustainable, and high-quality vehicles surging, this strategically located new facility brings one of the UAE's most-loved automotive brands even closer to customers. Our customers can drive away with the confidence of knowing they are backed by AGMC's five decades of trusted, reliable service and support.'
Now in its third year of operations in the UAE market, Geely continues to achieve remarkable momentum. The opening of its latest showroom is a direct response to soaring customer demand for Geely's lineup of smart, safe, and stylish vehicles, from advanced sedans to EV options.
Geely has achieved major breakthroughs in new energy and intelligent technologies, driving sustained scale efficiencies and steady revenue growth, as it moves towards its goal of becoming a global leader in intelligent electric vehicles.
This is Geely's first showroom in the GCC showcasing its New Energy Vehicle (NEV) line up, with the Geely EX5 being the first vehicle to be launched in the segment. The New Energy segment symbolizes not only a refreshed retail experience but also the beginning of a new chapter, as more new energy showrooms are planned soon.
Occupying a built-up area of almost 20,000 sqm, the new sales, service, and spare parts hub is purpose-built to deliver a seamless end-to-end experience for customers from showroom floor to service bay. The sales area spans 1,811 sqm, and can showcase up to 18 vehicles, including Geely's newly launched EX5 and the New Monjaro. Four dedicated EV charging stations are also available on-site, reinforcing Geely's push toward a more sustainable future.
The integrated after-sales facility features a total of 30 mechanical bays, four body shop bays including one high-efficiency paint booth, alongside a 1,768-sqm body shop and a 1,715-sqm mechanical workshop. A dedicated service area with 18 simultaneous working bays ensures rapid turnaround and convenience for customers.
Customers can choose from models such as the Geely Cityray, Starray, Preface, the New Monjaro, and the EX5 EV, explore the brand's latest innovations, take test drives, and access aftercare services under one roof. Featuring ample parking for visitors, the new Geely showroom is sure to become a local landmark.
About AGMC
Established in 1976, AGMC has delivered premium automotive products and services to its customers in the UAE for almost 50 years as the exclusive importer for BMW Group cars and Motorrad in Dubai, Sharjah and the Northern Emirates. The addition of Geely to its line-up is a testament to the company's commitment to providing its customers with the latest and most innovative automotive products. Today, AGMC offers a full range of exceptional customer support services managed by the finest professionals in the industry and backed by superior after-sales services.
About Geely Auto Group
Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1986 as a subsidiary of Zhejiang Geely Holding Group (ZGH). ZGH is a global automotive group that owns several well-known international automotive brands, with operations spanning the automotive value chain, from research, development and design to production, sales and servicing. Today, Geely Holding operates several brands including Geely Auto, Lynk & Co, ZEEKR, Proton, Volvo Cars, Polestar, Lotus, London Electric Vehicle Company, Farizon Auto, and Cao Cao Mobility. In 2024, Geely Auto announced breakthrough annual sales of 2.17 million units, marking a 32% year-on-year increase. The international business posted a record high of 403,923 units exported, a 53% surge YoY and has been listed in the Fortune Global 500 for the past 13 consecutive years.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
18 minutes ago
- Zawya
UAE: Al Mal Capital REIT announces follow-on public offering, 3.75% dividend for H1 2025
Al Mal Capital REIT (AMC REIT) the first REIT listed on the Dubai Financial Market (DFM), regulated by the Securities and Commodities Authority (SCA), and managed by Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC, is inviting existing unitholders, as well as UAE and GCC individual and institutional investors, to subscribe to new units in its closed ended Real Estate Investment Trust (REIT) through a follow-on public offering (FPO). The FPO, approved by the SCA, will issue up to 220,000,000 new units at a price of AED1.1, increasing the issued capital of the Fund from AED513,889,872 up to AED733,889,872. The raise will be used to expand the REIT's portfolio of income generating real estate assets carefully selected from secure growth sectors, including healthcare, education and mission-critical industrial assets. The subscription period will run from 7th July to 25th July 2025, with trading of the new units expected to commence on the Dubai Financial Market (DFM) around 8th August 2025, subject to regulatory and market approvals. Al Mal Capital REIT has a proven and stable track record having delivered a 7% return since 2023. It continues to target ongoing returns of c.+7% for investors. In line with this performance, the REIT is also announcing a cash dividend of AED 0.0375 per unit for the interim period ending 30 June 2025, representing an annualized yield of 7.5%. To receive this dividend, investors must purchase units no later than 24 June 2025, as only unitholders on record as of 26 June 2025 will be eligible. Commenting on the FPO Naser Al Nabulsi, Vice Chairman and CEO at Al Mal Capital, said, 'There is a growing investor appetite for Regional REITs as shown by recent offerings on the DFM that saw record-breaking retail participation, especially in the UAE. We are therefore pleased that we can offer more investors a chance to access Al Mal Capital REIT, the first REIT listed on the DFM, which continues to deliver strong and consistent dividends. Our focus on resilient real estate sectors which offer sustainable and recurring income based on secure cashflow and long-term demand, will be very attractive for both institutional and retail buyers.' Al Mal Capital REIT is managed by an experienced and respected investment team with a strong track record in managing income-generating commercial real estate assets. AMC REIT benefits from a robust SCA regulated REIT framework, and oversight from an experienced committee, which qualifies opportunities, oversees and ensures the fund's compliance with regulatory standards. The FPO is open to UAE and GCC retail and institutional investors. A priority allocation will be available to subscribers who already hold units in AMC REIT, and whose names appear in the register of unitholders as of 26th June 2025 (the 'Record Date'). These investors will be allocated units equal to approximately +39% of their current holdings, ensuring their ownership remains undiluted following the capital increase. A secondary allocation of unsubscribed units, after completion of the priority allocation, will have a Minimum Guaranteed Allocation (MGA) of up to 2,000 units per eligible new subscriber, subject to request and availability. Al Mal Capital REIT is a closed ended real estate investment trust (REIT) that is currently invested in a diversified portfolio of income generating real estate assets in the UAE, based on secure long-term lease agreements with a strong credit profile. The Fund gives UAE and GCC investors access to an asset class with long-term fundamentals, based on a strategy focused on investing in strong-performing UAE sectors, including healthcare, education and industrial assets.
Zawya
18 minutes ago
- Zawya
5th RetrofitTech and Sustainable Buildings Summit drives Abu Dhabi's net zero ambitions
Abu Dhabi: The 5th RetrofitTech and Sustainable Buildings Summit, held under the patronage of the Abu Dhabi Department of Energy (DoE) and co-hosted by TAQA Energy Services, successfully concluded this week, reaffirming Abu Dhabi's commitment to sustainable development, energy efficiency, and circular economy practices. As the region's leading platform for advancing retrofitting and sustainable building solutions, the summit convened key stakeholders, including government officials, developers, infrastructure experts, and technology providers. Participating entities included ADNOC Distribution, Department of Education and Knowledge, and Masdar City, alongside senior representatives from DOE, TAQA Energy Services and a number of strategic partners. The event provided a critical forum to discuss strategies aligned with the Abu Dhabi Energy and Water Strategy 2030, spotlighting innovative retrofitting technologies, green building practices, and policy frameworks to accelerate progress toward the UAE Net Zero by 2050 strategic initiative targets. A key theme throughout the summit was the importance of fostering a year-round sustainable community lifestyle, supported by scalable, data-driven solutions and multi-sector collaboration. Khalid Mohamed Al Qubaisi, Chief Executive Officer, TAQA Energy Services, said: 'Our participation at the RetrofitTech and Sustainable Buildings Summit Abu Dhabi 2025 reflects our ongoing commitment to driving energy efficiency and sustainability across the emirate. We are actively developing more projects across strategic sectors: industrial, educational, healthcare, and government - reinforcing our role in advancing Abu Dhabi's vision for a more efficient, future-ready built environment'. Eng. Mohamed Al-Hadrami, Energy & Water Performance Efficiency Director at DoE, commented: "Retrofitting buildings in the Emirate is a foundational element of our endeavors to enhance energy efficiency and environmental sustainability." He indicated that "these projects are set to achieve total electricity savings estimated at about 220 gigawatt-hours throughout 2025, accompanied by an increase in the number of buildings undergoing retrofitting from 200 in 2025 to 300 by 2026." Al-Hadrami also stated: "One of the most notable achievements was the approximately 185 gigawatt-hours in energy savings delivered in 2024 by 'TAQA Energy Services,' part of the 'TAQA' group, and other private energy service companies. This represents a saving of about 37 million dirhams in direct costs for commercial and governmental entities." He indicated that "the momentum is being maintained with commercial sector projects aiming to achieve savings of over 100 GWh. This will be accomplished by concentrating on building retrofitting operations, for example, the replacement of large-scale air conditioning systems, with these projects expected to commence generating significant savings by 2026." Al-Hadrami detailed: "The Abu Dhabi Demand Side Management and Energy Rationalization Strategy 2030 embraces an ambitious outlook, with the goal of achieving a tenfold increase in the number of retrofitted buildings by 2030. This aligns with the Emirate's commitment to sustainability and to elevating the efficiency of power and water usage across all sectors." He further explained, "Retrofitting buildings is instrumental in lessening the environmental footprint, supporting the flexibility of the local economy, and advancing the quality of life for society." Day one of the summit featured a keynote address by Mohamed Al Hadhrami, in which he emphasised on the pivotal role of retrofitting in reducing energy consumption, lowering emissions, and improving the environmental performance of Abu Dhabi's building stock. During the second day, an in-depth workshop was held for public sector stakeholders, focused on compliance with green building regulations, strategies for retrofitting existing assets, and elevating performance against ESG metrics. Experts shared actionable insights on integrating circular economy principles, aligning with regulatory mandates, and embedding sustainability into institutional operations to drive long-term value. The summit solidified Abu Dhabi's position as a regional leader in sustainable innovation and development. It served as a catalyst for actionable change, that aims to mobilise stakeholders to prioritise energy efficiency and green practices across the public and private sectors. About RetrofitTech and Sustainable Buildings Summit The RetrofitTech and Sustainable Buildings Summit is the region's leading platform for advancing retrofitting, energy efficiency, and sustainable building practices. It brings together industry leaders and policymakers to support the UAE's sustainability goals and global climate efforts. Abu Dhabi pushes forward with building retrofits to boost energy efficiency
Zawya
18 minutes ago
- Zawya
Air Arabia introduces new city check-in facility in Al Barsha Mall
Air Arabia has opened its second City Check-in facility in Dubai, located at Al Barsha Mall. The newly launched service offers added convenience to customers traveling from both Sharjah International Airport and Zayed International Airport, bringing the total number of Air Arabia City Check-in facilities to 14 spreads across the UAE. The City Check-in service allows passengers to drop off their baggage and collect their boarding passes from 48 hours up to 8 hours prior to their scheduled departure time, helping them avoid airport queues and head straight to immigration upon arrival at the airport. A handling fee of 20 dirhams per passenger applies. Operating daily from 10:00 AM to 10:00 PM, the new facility also offers additional services such as the purchase of extra baggage allowance, seat selection, and flight modifications. The Al Barsha Mall location is the second Air Arabia City Check-in facility in Dubai, complementing a growing network of conveniently located centres across the UAE in Sharjah, Abu Dhabi, Al Ain, Ajman, and Ras Al Khaimah. This service is designed to streamline the travel experience, reduce waiting times at the airport and deliver added value to customers ahead of the busy summer travel season. As part of its growth strategy and dedication to quality, the carrier continues to provide enhanced customer experience. The opening of the new City Check-In facility is consistent with the airline's commitment to providing affordable and value-added solutions that meet its customers' evolving needs. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
