@afscott

How Middle East businesses really make money. Member of @superteamAE

 Dubai, UAE
Joined March 2007
  • Tweets13.1K
  • Following5.9K
  • Followers18.4K
2.8KMedia
people who were in dubai during the pandemic have full faith because they’ve seen how the UAE govt operates under crisis mode - it was one of many reasons that people decided to move here over the last six years
37
81
10
768
79,640
tonight’s Solana event in dubai
1
2
144
95.2M passengers came through Dubai International in 2025. When they walk out of the terminal, the taxi rank belongs to one operator: Dubai Taxi Company. It holds the exclusive rank at DXB and DWC. And they also manage > 658 limousines > 3,068 delivery bikes > 1,100+ school buses > 46% of Dubai’s taxi plates > 11,928 vehicles in total, over 90% hybrid or electric Why investors watch it: 1/ Dubai has about 4M residents today, and the 2040 plan is for 5.8M 2/ a 5.6% yield on 2025 dividends, at AED 2.16 (16 Oct 2026) 3/ a dividend policy of at least 85% of profit
2
19
1,811
have you noticed that many taxi drivers are now driving Chinese brands? xitter.cf/afscott/status/2113178…
Alex Scott
@afscott6h
The company that owns Volvo sells an SUV in Dubai on the same platform as a Volvo, for 31% less. Geely Monjaro: from AED 124,000 Volvo XC40: from AED 180,000 Swedish engineering. Chinese price.
1
2
170
Jetour went from the UAE's 10th biggest car brand to 4th in one year. Its T2 was the country's 3rd best-selling vehicle in 2025, and in May 2026 it outsold everything. Japan still leads the UAE. Chinese brands are giving it a run for its money.
12
9
3
83
7,953
Geely is another Chinese brand to watch xitter.cf/afscott/status/2113178…
Alex Scott
@afscott6h
The company that owns Volvo sells an SUV in Dubai on the same platform as a Volvo, for 31% less. Geely Monjaro: from AED 124,000 Volvo XC40: from AED 180,000 Swedish engineering. Chinese price.
1
76
The company that owns Volvo sells an SUV in Dubai on the same platform as a Volvo, for 31% less. Geely Monjaro: from AED 124,000 Volvo XC40: from AED 180,000 Swedish engineering. Chinese price.
2
1
7
1,314
If you like jetour then check out hongqi
Alex Scott
@afscottOct 21
China's state limousine is now for sale in Dubai. Hongqi E-HS9: from AED 322,900 Rolls-Royce Cullinan: from AED 1.9M A sixth of the price.
1
89
I also talk about its competitor BYD
Alex Scott
@afscott22h
20 years ago, BYD made the batteries in your Motorola flip phone. In 2025, it sold more electric cars than Tesla: 2.26M to 1.64M. Now it's coming for the Middle East.
1
151
20 years ago, BYD made the batteries in your Motorola flip phone. In 2025, it sold more electric cars than Tesla: 2.26M to 1.64M. Now it's coming for the Middle East.
2
1
10
942
China's state limousine is now for sale in Dubai. Hongqi E-HS9: from AED 322,900 Rolls-Royce Cullinan: from AED 1.9M A sixth of the price.
2
1
1
13
1,922
at the Jetour showroom dubai: > absolutely packed > 20 months wait for a sales rep > 40-50% cheaper than audi q3 with superior trim
Alex Scott
@afscottSep 25
UAE new car sales: Jetour +82% in 2025, Geely +48%. china occupies 3 of the top 6 spots in annual new-vehicle sales.
32
8
2
174
83,670
deep dive video on jetour xitter.cf/afscott/status/2112816…
Alex Scott
@afscottOct 21
Jetour went from the UAE's 10th biggest car brand to 4th in one year. Its T2 was the country's 3rd best-selling vehicle in 2025, and in May 2026 it outsold everything. Japan still leads the UAE. Chinese brands are giving it a run for its money.
94
xitter.cf/afscott/status/2104191…
Alex Scott
@afscottSep 27
at the Jetour showroom dubai: > absolutely packed > 20 months wait for a sales rep > 40-50% cheaper than audi q3 with superior trim
2
272
Currently doing a lot of editing in Claude Code. Here's an example planning file that it's making for me. Would you want to see how these videos are are made?
14
33
1,754
YouTube Shorts appear to have a very long shelf life, unlike X, where I think there's an exponential decay and after you post, it'll probably be unlikely to be seen again. but YouTube still seems to give views to videos even when they're a few years old.
7
16
1,034
This is the underlying video, in case you're interested. youtube.com/shorts/lVpdrvseF…

Suzuki Jimny 2024 mini G wagon

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

youtube.com
2
273
Most grocers fight a price war on ~2% net margins. @Spinneys_UAE, the Dubai food retailer, did it different. The numbers (FY2025): • 64% of sales from fresh food • AED 332M net profit, up 14.5% • AED 249M back to shareholders • 42% gross margin, vs ~22–25% at Walmart and Kroger Now it's taking the same formula to Riyadh. Would you buy it?
3
3
1
28
1,598
New episode of Solana is Global with @afscott In this episode @charlesdhaussy CEO of @dydxfoundation chat about how crypto ecosystems in Hong Kong and the UAE have evolved, and what we can expect when crypto and AI converge Check out the full episode 👇
22
4
22
4,836
so glad I don’t have to deal with this anymore. waste of time and causes needless deaths from traffic accidents
GOV.UK
@GOVUKOct 20
The clocks go back by one hour on 25 October at 2am, which means you’ll gain an hour ⏰ What will you do with the extra time? Let us know below 👇
4
22
2,682
Your KFC lunch in Dubai doesn't pay a Kentucky HQ. It pays Americana Restaurants. > Controlled by Mohamed Alabbar + Saudi PIF > Listed in Abu Dhabi and Riyadh > 2,746 restaurants > 12 countries
8
3
26
2,195
Oil is literally drilled right beneath our feet here in the UAE. So why am I paying so much to fill up while a driver in Ohio is paying about the same?
6
30
5,083
The answer for why Ohio fuel is so cheap requires a little bit more in-depth explanation. Ohio’s four-dollar price is for basic 87-grade regular. Here in the UAE, our baseline is 95 octane. If that Ohio driver upgraded to the exact same 95-octane fuel at an American pump, they’d be paying nearly $5 a gallon.
2
4
533
Load more