Mashreq and Al Hilal Bank: one card fits allJuly 29, 2015 3:08
Business of… Ferrari
As Ferrari World gets ready to open its doors (boasting nothing less than the world’s fastest rollercoaster), Kipp takes a closer look at the business of all things Ferrari.
October 25, 2010 4:36 by kippreport
Unlike most luxury sectors, Ferrari has done surprisingly well since the onset of the economic meltdown. In a time when competitor’s sales have dropped dramatically, (up to 50 percent for some), Ferrari managed to achieve an operative margin of 13.8 percent of revenue. Chairman Luca di Montezemolo was awarded the 2010 Eurostar Superluxury Award by the specialist magazine Automotive News for his role in Ferrari’s financial success in a particularly tough year.
Now, bank through your Emirates ID
How will the increased fuel prices affect us?
Where is everybody travelling to this summer?
This August, petrol will cost you AED2.14 per litre
S&K Estate Agents shut down and handed to liquidators