Logistics

Salik reports 6.2 percent rise in revenue to $446.75 million in first 9 months of 2024

The company expects total revenue and revenue-generating trips to rise by 7-8 percent in 2024

AD Ports Group net profit grows 11 percent to record $121.15 million in Q3 2024

The group's revenues rose 10 percent year-on-year to a record $1.27 billion due to a 60 percent surge in vessel trading activities

UAE-Japan ties: Abu Dhabi Crown Prince explores stronger bilateral ties with governor of Tokyo

In September this year, the UAE and Japan launched talks to reach a Comprehensive Economic Partnership Agreement

Parkin revenues surge 25 percent to $65.12 million in Q3 2024

Parkin's net profit rose 5 percent to AED104.7 million compared to AED99.8 million in Q3 2023

Dubai air taxis: Construction of first vertiport begins near DXB

The 3,100 sqm facility will have the capacity to handle 42,000 landings and 170,000 passengers annually

UAE diamond trade to hit $40 billion in 2024

Diamonds account for 5.5 percent of the UAE's non-oil trade, with the value of diamond trade reaching nearly $39 billion in 2023

Emirates leads ULTRAs 2024 Awards as ‘Best Airline in the World’

In 2023, the airline refurbished eight aircraft—three A380s and five Boeing 777s—under its $4 billion retrofit initiative

Dubai Tram transports over 60 million passengers since launch

Dubai Tram leads the world as the first tram system with automatic platform doors at stations, ensuring the highest levels of safety and comfort for passengers

Sheikh Mohammed approves $1 billion five-year internal roads plan for Dubai

By the end of last year, the total length of roads completed in residential and industrial areas reached 6000 km

flydubai, Batik Air enter strategic interline agreement to expand network with over 40 destinations

Batik Air passengers will have the opportunity to travel to 38 destinations on flydubai’s growing network

Emirates to showcase iconic retrofitted Airbus A380 at Bahrain International Airshow

Emirates is the world’s largest Airbus A380 operator and is currently undertaking the industry's largest known in-house $4 billion retrofit program

ADIPEC 2024: ADNOC awards $196.2 million contracts to 11 companies for manufacturing in UAE 

Awards for a wide range of products enabled by the company's In-Country Value (ICV) program

September 2024 passenger demand soars with 7.1 percent growth in RPKs: IATA

In terms of total capacity, evaluated through available seat kilometers (ASK), there was a year-on-year increase of 5.8 percent 

ADIPEC 2024: ADNOC L&S signs contracts worth $4.4 billion for 23 supertankers

ADNOC L&S has the largest diversified fleet in the region, with over 800 owned, operated and chartered vessels

Emirates Group reports record half-year results with $2.8 billion profit

Group revenue was up 5 percent to $19.3 billion, driven by strong customer demand

UAE, Australia sign CEPA to boost bilateral non-oil trade to over $15 billion by 2032

UAE and Australia also signed six agreements in key sectors, further strengthening the partnership between the two nations

Air Arabia launches Sharjah-Yanbu flights, bringing UAE-Saudi routes to 12

The new route underscores carrier’s swift growth throughout the Kingdom as tourism and business travel climb 

Dubai Customs, DP World partner to transform digital trade and logistics solutions

Partnership seeks to streamline trade and logistics procedures and deliver fast government services across Dubai

Emirates boosts U.K. network, returns to Edinburgh with daily service

Emirates serves the U.K. with 133 weekly flights across eight gateways including London Heathrow and London Gatwick

Air cargo grows 9.4 percent in September, reports IATA

ACTKs rose by 6.4 percent relative to September 2023 (8.1 percent for international operations) 

DAE signs lease agreements with Hainan Airlines for four new Boeing 737-8 Aircraft

The inclusion of these cutting-edge Boeing 737-8 aircraft will aid Hainan Airlines in achieving its growth and operational goals. 

New taxi-sharing pilot service between Dubai and Abu Dhabi to reduce fares by up to 75 percent

The fare will be AED132 per passenger when two riders share the taxi and AED88 when three passengers travel together

UAE, Slovenia presidents discuss enhancing bilateral cooperation, investments in key sectors

Meeting discussed UAE-Slovenia bilateral relations with a focus on boosting economic, trade, investment, and development cooperation