Logistics

Dubai’s Parkin to enter Saudi Arabia market

Parkin and SCSC will seek collaborations with municipalities, real estate developers, shopping centres, hotels, and other venues

Boeing invests $1 billion to boost 787 Dreamliner production in South Carolina

The expansion will generate 500 jobs and is projected to be operational by early 2027 

Etihad Airways passenger traffic surges over 30 percent to 16.8 million by November 2024

Etihad Airways grew its operating fleet size from 83 aircraft in November last year to 97 last month

Saudi Arabia, UK to increase bilateral trade to $38 billion by 2030

The two sides welcomed the significant progress made on the GCC-UK Free Trade Agreement

Saudi Arabia’s PIF acquires 15 percent stake in Heathrow Airport

Heathrow Airport was ranked as the world’s second busiest international airport in December

Arab Health contributed $269.7 million to Dubai’s economy during 2024 edition

Tourism and hospitality benefited from the major healthcare event, with 2024 accommodation spending over $56.2 million

Emirates wins four ‘world’s leading airline’ awards at 2024 World Travel Awards

The airline also won the Best Airline App Worldwide and Best Airline App in the Middle East titles at the World Travel Tech Awards 2024

Dubai: New road connections to enhance accessibility and traffic flow in 19 key residential areas

This initiative includes traffic enhancements, roadside parking, improved sidewalks, and upgraded street lighting

Etihad Airways, Air Seychelles partner to boost global flight network

The airlines will collaborate on six flights per week between Abu Dhabi and Mahe starting May 2025

Abu Dhabi Airports breaks ground on East Midfield Cargo Terminal at Zayed International

Terminal to integrate seamlessly with the Logistics Free Trade Zone's existing infrastructure, particularly Al Falah District

UAE, Eurasian Economic Union conclude CEPA negotiations

In the first half of 2024, the UAE shared non-oil trade worth $13.7 billion with the bloc

AD Ports Group assigned new A1 Credit Rating by Moody’s

The A1 rating is the fifth-highest on Moody’s scale, indicating upper-medium investment grade and low credit risk 

Abu Dhabi Customs launches 2024-2028 Strategic Plan

Plan focuses on employing advanced and modern technologies, particularly blockchain, artificial intelligence and machine learning

Global airline revenue to cross $1 trillion in 2025: Report

Passenger numbers are expected to reach 5.2 billion in 2025, a 6.7 percent rise compared to 2024

Red Sea Global partners with Jetex to operate private jet terminal at Red Sea International Airport

This partnership was formalized between Jetex and daa International, marking a new era in luxury aviation on Saudi Arabia’s western coast

RTA completes rail grinding and overhauls 79 Dubai Metro trains

This initiative enhances the efficiency, safety, and sustainability of Dubai Metro, aligning with RTA’s Strategic Plan 2030

Dubai’s Emirates airline to see over 88,000 customer departures per day during festive season

Emirates customers are advised to arrive at the airport up to three hours before a flight

Emirates announces third non-stop service between Dubai and Melbourne

Airline restores pre-pandemic capacity and offers 77 weekly services between Dubai and Australia

UAE, Sweden explore strengthening bilateral ties in key sectors

The UAE is Sweden's second-largest export market in the Arab world after Saudi Arabia

Emirates airline ranks as world’s best on customer opinion

Sharjah’s Air Arabia takes the 8th spot in the overall rankings

Global trade set to reach record $33 trillion in 2024: UNCTAD

This represents a 3.3 percent annual growth rate, showcasing the resilience of international trade amid ongoing challenges

Abu Dhabi’s NMDC LTS signs definitive agreement to acquire 70 percent equity stake in Emdad

The acquisition, pending regulatory approvals, will allow NMDC to expand into oilfield services

Abu Dhabi passengers can now book self-driving car rides on Uber

Services will first be available in Saadiyat Island, Yas Island and routes to and from Zayed International Airport