BMI View: This quarter we maintain our negative near-term view on the UAE autos sector. We continue to
target a 15.0% fall in sales over 2016, although luxury brands will outperform.
? The commercial vehicle segment should outperform over 2016, as heav ..."
BMI View: Growth across the UAE's freight modes and shipping sector is set to be strong in 2016 and over
the course of our forecast period. Continued economic expansion, despite lower oil prices, will maintain
healthy consumption and consequently trade levels. Oil exp ..."
BMI View: In response to the government's ongoing austerity as a result of lower oil prices, we have
revised down our total vehicle sales forecast to a contraction of 15.0% in 2016.
? The commercial vehicle segment may outperform over 2016 as heavy veh ..."
BMI View: We expect healthy growth across UAE's freight modes and shipping sector in 2016 with robust
economic performance encouraging domestic consumption while increased transhipment business and
strong trade links support trade volumes. Oil will remain the top expo ..."
BMI View: A combination of a slowing economy, low oil prices and higher local interest rates has led to
BMI adopting a more cautious stance towards the new vehicle sales market in 2016. We expect just 1.0%
sales growth for the sector this year.
BMI View: UAE's growing economy and improved relations with major trade partners translates into
growth for all freight modes in 2016 and over the medium term. Domestic buying power remains strong
and, in combination with service expansion of major airlines Emirates a ..."
BMI View: The combination of strong consumer demand and a growing population provides an
encouraging backdrop for UAE's new vehicle sales prospects in 2016. We are targeting 4.9% sales growth
for the sector.
Table: Key Views
? 2015 has proved another posit ..."
BMI View: We expect continued robust growth across the UAE's freight modes in the near term and over
our medium-term forecast period to 2020. Massive investment into freight transport infrastructure - not
least the development of the UAE's nascent rail network - will ..."
BMI View: The UAE's shipping sector, one of the best developed and most important in the world, will
continue to expand rapidly in 2016 and over the medium term. The Dubai port of Jebel Ali is the ninth
largest in the world in terms of container throughput, owing larg ..."
This quarter, BMI maintains its sales forecast of 3% growth for the UAE new vehicle sales market in 2015.
We continue to believe that the combination of a slowing economy in Abu Dhabi and the rising likelihood
of an increase in local interest rates will weigh on the m ..."