Logistics

Oman’s foreign trade exchange surges 12.8 percent in Q1 2024, transactions reach $26.7 billion

Oman's trade balance rose 35 percent to $6.75 billion in the same quarter

Etihad Airways, China Eastern Airlines sign joint venture, to develop more routes

The joint venture cooperation will be implemented in early 2025 once all necessary regulatory clearances are in place

UAE, Malaysia seek deeper trade ties, hold CEPA talks as trade hits $4.7 billion in 2023

UAE seeks deeper ties with ASEAN bloc following CEPA agreements with Indonesia and Cambodia

UAE to become regional hub for low-carbon aviation fuel: Minister of Economy

New roadmap sets goal to produce up to 700 million litres of low-carbon fuel annually by 2030

Global airline profits to touch $30.5 billion in 2024: IATA

Airlines are likely to ferry as many as 4.96 billion travelers during the year

ADNOC L&S acquires 80 percent of Navig8 for $1.04 billion

ADNOC L&S will acquire the remaining 20 percent ownership of Navig8 in 2027

Boeing needs a strong CEO to end crisis, overhaul airline: Emirates president Tim Clark

The Emirates chief says Boeing’s problems can be fixed, but it could take five years to get things back on track

Oman’s airport traffic surges with 5 million passengers in first four months of 2024

Sohar airport witnessed the most dramatic growth with a 295 percent increase in the number of passengers

Egypt’s trade balance deficit falls 23.2 percent to $2.37 billion in March

The value of exports fell 10.9 percent year-over-year to $3.57 billion in March 2024

UAE and South Korea forge CEPA agreement to free trade, promote investment

Agreement will remove tariffs on more than 90 percent of all imports from both countries in the next 10 years

AD Ports’ consortium signs deal to develop green methanol facility in Egypt

Global demand for green methanol is expected to increase to four million tonnes per year in the next five years

Plaza Premium Group’s Bora Isbulan talks Middle East expansion and post-Covid rebound

An immersive local experience that caters to passengers across categories makes the group’s lounges a preferred destination across airports

Saudi Arabia’s King Khalid airport tops GACA rankings: Report

GACA report assesses 11 operational performance standards to enhance services and traveler experiences

Dubai’s DP World, Saudi Arabia’s Mawani break ground on $240 million logistics park in Jeddah

The collaboration between Mawani and DP World also includes the management of a container terminal through a separate 30-year concession

Doha’s Hamad International Airport’s 10-year journey peaks with 50 million passenger landmark

The airport's point-to-point passenger operations account for 25 percent of its total traffic

Emirates, Avianca launch codeshare partnership through European gateways

Emirates and Avianca customers can enjoy seamless connectivity on multiple routes starting June 4

Saudi Arabia’s non-oil exports rise 3.3 percent to $18.6 billion in Q1 2024

The total value of commodity exports stood at $77.77 billion

Dubai’s RTA accelerates technological advancements with AI, metaverse and robotics in new digital strategy

The Authority launched 24 innovative initiatives integral to Digital Strategy 2023-2030

UAE world’s second-largest global commodity trading hub: DMCC report

United States retained the top spot on the Commodity Trade Index with a score of 59 percent

Egypt’s SCZONE secures $3.23 billion in new contracts over 10-month period

From July 2023 through April 2024, industrial zones and ports attracted 144 new contracts

102 agreements worth over $20 billion signed at Saudi Arabia’s Future Aviation Forum 2024

GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion

Saudi Arabia set to launch new air carrier later this year: GACA Vice President

The move falls in line with the country's ambitious plan to reach 250 global destinations by 2030

Oman to inaugurate 6 new airports by 2028-2029, targets 50 million passengers by 2040

The number of airports in the country will go up to 13, supporting the aviation and tourism sectors