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UAE’s Al Nabooda unveils $245m expansion plan

Al Nabooda Automobiles, the sole distributor of Porsche, Audi and VW brands in Dubai and the Northern Emirates, has announced a Dhs900m ($245m) expansion programme aimed at enhancing its operations network. Creating world-class facilities in Dubai, Fujairah and Sharjah, the investment covers ten individual projects, including building the world's largest Audi new car sales terminal on Sheikh Zayed Road in Dubai which will be completed in September at a cost of Dhs118.5m, the company said.