Logistics

Qatar: Private sector exports hit $701.6 million in Q3 2024

This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024

Red Sea International Airport welcomes first flynas flight from Dammam

This marks the first direct link between the Eastern Region and the Red Sea destination

UAE makes strides in clean energy transition, infrastructure in 2024

The UAE plans to invest an additional AED500 billion over the next thirty years to achieve climate neutrality

Saudi Arabia, Qatar trade exchange grows over 335 percent in two years

Trade between the two Gulf states increased from $184.6 million in 2021 to $802.5 million in 2023

Dubai’s RTA announces free parking, public transport operating hours for New Year’s Holiday 2025

Public parking areas will be free of charge on January 1, except multi-story parking

Dubai Taxi Company launches 2025-2029 strategy to target untapped markets in UAE and beyond

The strategy entails expanding into limousine services and delivery while maintaining taxi market leadership

Egypt loses $7 billion in Suez Canal revenues in 2024 amid ongoing disruptions

Suez Canal's revenues declined over 60 percent year-on-year in 2024

Saudi Arabia’s non-oil exports rise by 12.7 percent in October

National non-oil exports, excluding re-exports, saw a rise of 5.1 percent

Dubai’s RTA announces traffic upgrades in Nad Al Sheba, boosting travel efficiency by 60 percent

This upgrade aims to ease traffic flow, reduce congestion, and cut delays by up to 50 percent during peak hours

Japan Airlines system recovers after cyberattack delays flights

Japan Airlines noted that the "Airport Standby Service" for domestic flights departing today is suspended

Dubai 2025 New Year’s Eve: Public transport operation hours and key road closures announced

The Dubai Metro's Red and Green lines will operate from 5:00 AM on December 31, 2024, until midnight on January 1, 2025

Dubai residents can now use nol Card to pay for e-scooters

Users can now purchase various packages, hourly, daily, or monthly, by linking their nol Cards to their smartphones

UAE-Croatia bilateral trade surges to $78.9 million in H1 2024, up 44.8 percent

UAE non-oil trade with Croatia reaches $110.7 million in 2023

Dubai Metro and Tram achieve 96 percent rating in 2024 ICXS assessment

Marking a significant rise from 87.2 percent in 2022 and 92.2 percent in 2023

Sharjah approves $11.4 billion budget for 2025, largest in emirate’s history

The budget empowers agencies to fund initiatives, provide housing for citizens, and upgrade tourism infrastructure

CBUAE forecasts real GDP growth: 4 percent in 2024, rising to 5.5 percent by 2026

Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025

Cairo International Airport’s Terminal 4 to support Egypt’s tourism growth targets

Egypt seeks to raise the number of tourists to 30 million by 2030

China to build world’s largest artificial island airport

The new airport is expected to boost the local economy by facilitating increased trade and tourism

Dubai’s new 1km bridge to reduce travel time from 15 to 3 minutes, cut traffic congestion by 80 percent 

The project will double Hessa Street’s capacity from 8,000 to 16,000 vehicles per hour in both directions.

Dubai’s RTA reduces fare for Bus on Demand service in Business Bay to AED2

RTA plans to expand the service to cover 10 areas by the end of the first half of 2025

DP World launches Middle East’s first $100 million blue bond to fund sustainable marine transport

Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality

flynas launches two weekly flights between Dammam and Red Sea International Airport

Flights between Dammam and Red Sea International Airport will begin on December 28