Logistics

UAE-Chile CEPA set to take effect in six months, promises $73 million national economic boost by 2031: Al Zeyoudi

The agreement aims to liberate trade between both countries, empower women in commerce

Egypt’s Suez Canal revenues surge to $170.7 million in 2023-24

Egypt's Suez Canal secured contracts worth $5.116 billion for 218 projects during 2023-24

Dubai’s RTA launches AI-powered inspection vehicle to enhance rail infrastructure safety

This innovative vehicle can detect violations, restricted activities, and damage within rail the right-of-way areas

Abu Dhabi airports welcome 13.9 million passengers in first half of 2024

Zayed International Airport alone facilitated 13,726,550 passengers, a 33.8 percent increase compared to the same period in 2023

Dubai Chambers, ProChile forge agreement to enhance trade, investment

Non-oil trade between Dubai and Chile reached approximately AED5.3 billion over the past five years

Oman to expand LNG production capacity to 15.2 million tons per year with new 3.8 million ton train

LNG production trains allow the government to improve operational efficiency, maximize the use of existing facilities

UAE, Chile CEPA to boost non-oil bilateral trade to $750 million by 2030

Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates

UAE, Chile sign CEPA to boost non-oil trade through tariff cuts and eased barriers

The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships

UAE and Morocco finalize CEPA to boost goods and services trade through tariff cuts, regulatory reforms

In 2023, the two nations had $1.3 billion in non-oil trade, a 30 percent increase from 2022 and 83 percent more than in 2019

Dubai Taxi Company revenues rise 14 percent to $297 million in H1 2024

The company's taxis and limousines completed 23 million trips, up 4 percent compared to H1 of 2023

Saudi Arabia’s flynas signs agreement for additional 90 Airbus aircraft

The low-cost carrier has ordered 75 A320neo family aircraft and 15 A330-900 planes

Etihad Airways unveils Warner Bros World branded aircraft

An Etihad Airways Boeing 787-10 Dreamliner has been decorated with iconic Warner Bros. characters

Global aviation industry to see over 10,500 aircraft deliveries worth $640 billion by 2043: Report

Smaller aircraft deliveries will drive global demand with orders for 8,470 jets of up to 150-seat capacity by 2043

Qatar Airways orders additional 20 Boeing 777-9 aircraft at Farnborough airshow

Qatar Airways’ order book now totals 94 Boeing 777X commercial and cargo aircraft

UAE’s ADNOC L&S invests $1.9 billion in supersize ethane carriers and ammonia vessels

The VLECs will be deployed on 20-year time charter contracts, generating an estimated $4 billion in revenue

Air Arabia to connect Sharjah and Maldives with daily non-stop flights

The new route offers travelers more convenient and affordable ways to explore a popular South Asian destination

Qatar Airways unveils Qsuite Next Gen, to be featured on aircraft by 2025

Qsuite Next Gen now features a movable 4K OLED Panasonic Astrova IFE screens, a first for any airline in the world

Dubai Chambers, SGS partner to facilitate export of local products and services globally

Dubai companies can now ensure that their products and services comply with the standards of 176 countries

flydubai’s expansion plans hit as delays at Boeing continue, says CEO

No new aircraft are joining the flydubai’s fleet for the remainder of the year

UAE, China forge agreement to boost air connectivity, bilateral relations

The agreement between the UAE and China will have a substantial positive impact on the economic sectors of mutual interest

Abu Dhabi Airports launches smart travel project: Time to serve passengers down to 7 seconds

Traveler registration service automation to eliminate the need for travel documents or direct interaction with airport staff

$7.2 billion revenue at Egypt’s Suez Canal marks $2.2 billion decline amid Red Sea attacks

The canal's total tonnage fell by a third, and the number of transits declined by about 22 percent YoY