Logistics

GCC trade to grow 5.5 percent annually to $2.3 trillion by 2033: Report

GCC's non-hydrocarbon trade will grow by 3.5 percent annually, highlighting the region's successful economic diversification efforts

Egypt’s imports projected at $105 billion and exports at $115.8 billion by 2030, says minister

The country plans to boost growth while reducing inflation and managing internal and external debt ratios

Boeing reports net loss of $11.83 billion in 2024, largest since 2020

The company recorded fourth-quarter revenues of $15.2 billion and annual revenues of $66.5 billion

Saudi Arabia’s maritime transport sector achieves 6.4 percent growth, 20th global ranking in 2024

The authority emphasized the crucial role of over 2,000 certified Saudi seafarers in advancing the sector

Dream of the Desert: Unveiling Saudi Arabia’s first five-star luxury train

The train features 14 carriages with 34 luxury suites for an exclusive traveler experience

‘Emirati District’ launched at Dubai International (DXB) to empower young entrepreneurs globally

The project initiates the National Youth Agenda 2031, supporting young entrepreneurs in accessing global markets

Etihad Credit Insurance hosts workshop for selected Xport Xponential initiative companies

H.E. Raja Al Mazrouei emphasized the initiative's role in boosting UAE exports and empowering local manufacturers

Plaza Premium Group becomes first IATA strategic partner in accessibility

This partnership aims to enhance inclusive travel standards and showcases innovative solutions for passenger services

UAE Customs transactions grow 49 percent to 40 million in 2024

The total number of customs seizures during the past year reached approximately 15,866 seizures.

Emirates resumes flights to Beirut, Baghdad from February 1

From 1 April, the airline will scale up its operations and add a second daily service to Beirut

UAE and New Zealand commit to doubling exports, ensuring food security under new CEPA

The value of non-oil trade between the UAE and New Zealand reached over $642 million in 9M 2024

Etihad Rail: UAE high-speed train project set to boost GDP by $39.5 billion

The project will enable quick travel and acts as a catalyst for enhanced economic and social integration

DP World to launch stablecoin-based cross-border payment solutions

This initiative simplifies international transactions, helping businesses in emerging economies thrive in a connected world

Qatar-Oman trade grows to $1.2 billion by July 2024, says Al Malki

The two countries have witnessed significant growth in recent years, with Qatar's investments in Oman amounting to $5.2 billion

WEF 2025: Saudi Arabia’s services trade hits $144 billion with 7 percent annual growth

The services sector represents approximately 65 percent of the world’s GDP

Etihad Rail announces new high-speed train project linking Abu Dhabi and Dubai

The high-speed train will enable individuals to travel between Abu Dhabi and Dubai in just 30 minutes, reaching speeds of up to 350 km/h

Sheikh Hamdan: Trade is the lifeblood of Dubai’s economy, crucial pillar of its growth

His Highness spoke at Za’abeel Majlis in Dubai, addressing businessmen, traders, and investors

Qatar Airways expands South America network with two new destinations

New service makes Qatar Airways the first and only airline to offer non-stop flights from the Middle East to Colombia

Dubai RTA adopts Sustainability Framework 2030 featuring three pillars: Environment, economy, and society

The new framework aligns with Dubai’s 2030 vision and reinforcing its position as a global leader in sustainable development

Sharjah free zones attract over 1,600 international companies in 2024

Sharjah's two free zones host over 15,000 companies from 160 countries worldwide

Worldwide PC shipments rise 1.4 percent in Q4 2024, reflecting modest recovery amid AI price challenges

This represents the second consecutive year in which shipment volume has fallen below the 250 million mark 

Dubai’s RTA awards $408 million contract for Al Fay Street Development Project

Project includes the development of five key intersections featuring 13,500 meters of bridges and 12,900 meters of roads

UAE leads five Arab nations in attracting 145 foreign automotive projects worth over $22 billion in 2024

The automotive sector in Arab countries attracted 184 foreign projects valued at more than $25 billion from 2003 to 2024

UAE, Russia sign double taxation avoidance draft agreement to boost economic cooperation

This agreement seeks to establish a stable and investment-friendly tax framework and eliminate tax barriers