Logistics

UAE completes GCC railway commitments, ready to boost regional connectivity, says GCC Secretary-General

Al Budaiwi praised the UAE's key role in major national projects and the Gulf Railway initiative

Italy’s Raccortubi S.p.A invests $6.8 million in Sharjah’s Hamriyah Free Zone

This investment highlights Hamriyah Free Zone's effort to attract diverse foreign investments 

UAE committed to enhancing global trade system through strategic agreements, investments in key sectors: WTO

WTO’s Johanna Hill noted that "the UAE is playing an incredible role in world trade” 

Saudi Arabia-Egypt trade exchange surges 41 percent to $8 billion in H1 2024

Egyptian investments in Saudi Arabia amounted to around $4 billion, involving more than 3,000 companies

Saudi Arabia’s NEOM to build $186.4 million concrete factory for The Line

This advanced concrete facility will use carbon capture and energy-efficient solutions to support THE LINE's construction 

Ras Al Khaimah International Airport welcomes inaugural Fly Vaayu flight from China

Ras Al Khaimah International Airport will serve as a vital link for the carrier, connecting Asia, Africa and Europe

Abu Dhabi Mobility launches new driver, vehicle licensing services

Initiative supports the global competitiveness indicators of Abu Dhabi’s transport sector

Cointelegraph establishes Middle East office among 600+ Web3 firms at DMCC Crypto Centre

This collaboration is expected to provide Cointelegraph with valuable opportunities to engage with the broader Web3 ecosystem

ADNOC L&S approves $136.5 million cash dividend for H1 2024

Company aims to distribute a total dividend amount of $273 million for the full year, up 5 percent from 2023

Dubai’s RTA records 16.8 percent surge in digital revenue to $1.01 billion in 2023

Transactions via RTA's smart apps rose 29 percent to 15.299 million last year

Double-digit growth for air cargo continues: IATA

Overall demand, measured by CTKs, increased by 11.4 percent in August 2023, with international operations up 12.4 percent 

UAE’s Air Arabia reintroduces flights between Ras Al Khaimah and Jeddah

Starting December 15, 2024, the flights will operate three times a week on Tuesdays, Thursdays, and Sundays

UAE’s DMCC, CV VC collaborate to enhance regional Web3 ecosystem growth

Both organizations will enhance their ecosystems through collaboration, including workshops, resource sharing, and joint events 

Etihad, DCT Abu Dhabi ‘stopover’ initiative sees 242 percent surge in travelers

The initiative's relaunch has surpassed expectations and significantly boosted the emirate's tourism industry

Parkin, Skyports partner to advance Dubai’s air taxi infrastructure

Partnership to support the expansion of air taxi services across Dubai

UAE’s Etihad Rail launches new corporate identity with revamped logo, strategic vision

The new logo design draws inspiration from the falcon’s eye, the silhouette of a train, and the railway track

Emirates makes touchdown to Lagos, Nigeria

The daily service is strategically scheduled to optimize connections to key locations, enhancing business and leisure travel to and from Nigeria

ADX records 15 major deals on ADNOC Gas and Modon valued at $724.2 million

The first transaction involved 505.8 million shares of Modon Holding for AED2.44 billion across six deals at AED4.83 per share 

Dubai’s RTA boosts real-time passenger information system with Swiftly’s data tech solutions

Swiftly partnership improved RTA's accuracy of the estimated time of arrival by 24 percent

Saudia signs codeshare agreement with Delta, expands North America network

Saudia passengers will gain access to 12 destinations in the United States beyond Delta’s hubs at JFK and LAX airports

Etihad Cargo celebrates 10 years of serving Vietnam, spotlights growing demand for high-tech trade

In 2021 and 2022, the Hanoi station achieved the highest revenue contribution across Etihad Cargo's network

Dubai’s RTA implements major traffic upgrades to enhance road efficiency near 37 schools

These enhancements prioritize safety for all road users in Dubai, including staff, bus drivers, and families

Riyadh welcomes first refurbished Emirates Boeing 777

This newly upgraded aircraft will operate the daily EK 819/820 service, departing Dubai at 07:10 and arriving in Riyadh at 08:05