Logistics

China’s service trade soars to $415.6 billion in first five months of 2024, posting 16 percent growth

Exports amounted to approximately 1.22 trillion yuan, up 11 percent, while imports stood at 1.8 trillion yuan

UAE’s DP World, China’s Zhejiang Seaport partner to strengthen UAE-China trade

Partnership further supports UAE-China trade ties and the Belt and Road Initiative

Abu Dhabi Mobility completes 1 million passenger trips on Abu Dhabi Link since 2020

Abu Dhabi Link's on-demand bus service saw an increase from 50,000 trips in 2020 to over 300,000 trips in 2023

Elon Musk praises Zayed International Airport’s technological prowess, urging U.S. to “catch up”

The airport plans to increase its capacity from 45 million to 65 million passengers over the next 10 years

Saudi Arabia’s current account surplus surges to $7.6 billion in Q1 2024, driven by strong service exports

Services exports in the three months to the end of March hit $15.64 billion, the second-highest quarterly figure on record

Abu Dhabi airports serve 22.4 million travellers in 2023: Report

The Indian subcontinent topped the list of arrivals and departures over the past year

Airline passenger demand grows 10.7 percent in May: IATA

Middle Eastern airlines saw a 9.7 percent year-on-year increase in demand

Middle East private jet market makes waves

Private jet provides time efficiency and convenience that commercial airlines don't

Middle East carriers see 15.3 percent rise in air cargo demand in May: Report

Middle East carriers handled 13.5 percent of the overall cargo globally in May

UAE’s 7X reveals expansion plans to strengthen diversified portfolio, global presence

As a member of the Universal Postal Union representing 192 countries, 7X can facilitate access to a global postal network

Qatar Airways sees strongest financial year, profit up 39 percent to $1.7 billion in 2023-2024

The airline's total revenue rose 6 percent to $22.2 billion while its EBITDA margin rose to $5.2 billion

flydubai launches direct flights to two destinations in Iran

flydubai operates flights to more than 125 destinations

Emirates introduces refurbished Boeing 777 to Geneva, Tokyo Haneda, Brussels

In total, 81 Boeing 777 aircraft will get an upgrade as part of Emirates' investment in its retrofit program

Al Maktoum airport to boost UAE’s passenger traffic, economic development

Knight Frank emphasizes the significant impact the airport's expansion will have on the real estate market

Dubai to get 32 new metro stations by 2030 in major expansion

The number of metro stations will grow to 140 by 2040

Saudi Arabia posts record trade surplus of over $11 billion

This represents a 36 percent increase compared to the surplus of $8.1 billion recorded last year

China’s social logistics sector posts $18.62 trillion in first 5 months of 2024

Industrial product logistics increased by 5.7 percent year-on-year

Bahrain’s national non-oil exports reach $838.3 million in May

Saudi Arabia ranked first among export destinations, with BD64 million (20 percent) in national origin exports

WTO’s $648 billion funding helps integrate developing economies into global trade

Africa and Asia are the main geographical destinations that receive 70 percent of Aid for Trade funding

Abu Dhabi’s Etihad Airways launches 4 new weekly flights to Denpasar, Bali

Airline will operate flights on the state-of-the-art Boeing 787-9 Dreamliner

UAE’s Etihad Cargo deepens collaboration with China’s SF Airlines, adds Abu Dhabi-Shenzhen freighter service

The two companies also agreed to increase the frequency of flights between their major hubs - Abu Dhabi and Ezhou

Asia receives 81 percent of Qatar’s exports in Q1 2024

Qatar's exports to China in Q1 reached $5.59 billion, making it the top destination country

Abu Dhabi’s Etihad unfurls new bespoke livery to celebrate 20th anniversary

The livery decal wraps around both sides of the fuselage of one of six A321neos which have recently joined the airline