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Logistics
Logistics
Oman posts $6.7 billion trade surplus, merchandise exports reach $16.88 billion by end of March 2024
Total value of merchandise imports to the Sultanate amounted to $10.1 billion
Logistics
Etihad Airways, Egyptair ink agreement to enhance commercial, operational ties
MoU builds on existing codeshare agreement between the two airlines
Logistics
Dubai airport to welcome 3.7 million passengers as summer travel peaks
The average daily traffic from June 12 to June 25 will be 264,000 passengers
Logistics
UAE exports to Morocco reach around $1.32 billion in 2023
Moroccan exports to the UAE amounted to about $202 million in the same year
Logistics
New Dubai ‘nol Travel’ card: Get discounts of up to AED17,000
Users will also be able to avail of 100 exclusive promotional offers
Logistics
Qatar’s private sector exports grow 6 percent to $694 million in Q1 2024
Asian countries emerged as the top receivers of private sector exports with a 41.90 percent share
Logistics
Eid Al Adha 2024: Emirates deploys 10 additional flights to Saudi Arabia for Haj 2024
Dedicated airport services team from Emirates to provide support for Haj travellers connecting through Dubai
Logistics
UAE tops global rankings in air transport quality
Civil aviation sector remains fundamental pillar to the UAE's national economy
Logistics
How China’s economic rise is strengthening the logistics transformation of the Middle East
Saudi Arabia and UAE are the Asian giant’s valuable trading partners
Logistics
Dubai Science Park expansion to raise storage, logistics capacity by 147 percent
Expansion to raise the total gross leasable storage area to 336,000 square feet
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
Logistics
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
Logistics
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
Economy
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
Logistics
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
Logistics
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
Logistics
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
Hospitality & Tourism
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
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
Logistics
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
Economy
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
Interviews
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
Logistics
Saudi Arabia’s King Khalid airport tops GACA rankings: Report
GACA report assesses 11 operational performance standards to enhance services and traveler experiences
Logistics
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
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