Logistics

UAE, New Zealand sign CEPA agreement to reduce tariffs, enhance trade and investment flows

Bilateral non-oil trade between the two countries reached $460.3 million in H1 2024, an 11.5 percent annual increase

Uber, China’s WeRide partner to bring robotaxi services to UAE

Companies to launch the robotaxi service first in Abu Dhabi later this year

UAE airports soar with 14.2 percent rise to 71.7 million passengers in H1 2024

This is compared to 62.8 million during the same timeframe last year

Dubai Airports launches assisted travel lounge at DXB’s Terminal 2

Lounge features designated wheelchair areas, tactile surfaces, dedicated seating for the hearing-impaired, and a decompression zone for those with autism

UAE Central Bank raises country’s GDP growth forecast for 2024 to 4 percent, 6 percent for 2025

Growth in 2025 will be fueled by strong non-hydrocarbon momentum and a rise in hydrocarbon production 

Qatar becomes first Gulf country to join U.S. Visa Waiver Program

Citizens and nationals of Qatar can now apply to travel to the U.S. for up to 90 days without obtaining a visa

Dubai Courts, Dubai Chambers sign MoU to strengthen emirate’s role as global commercial dispute resolution hub

This agreement aims to create initiatives that resolve commercial disputes through mediation and conciliation 

Oman, Saudi Arabia trade exchange exceeds $2.63 billion in June 2024

Saudi Arabia's direct investments in Oman reached $314.63 million, up from $209.41 million in 2021

AD Ports reports 30 percent rise in vehicle volumes at Autoterminal Khalifa with 90,000 square meters of yard expansion

Since 2021, AD Ports has tripled its revenue through strategic acquisitions and organic growth

UAE, U.S. ink agreement to strengthen economic, trade and customs cooperation

Agreement reiterates the UAE's position as a regional gateway for global trade with significant importance to the U.S.

Kuwaiti investments in Egypt surpass $20 billion

Efforts are underway to organize the joint trade committee between the two countries as soon as possible

Sharjah Chamber hosts first Pakistan Business Council meeting to strengthen investment, trade ties

Council’s strategy focuses on launching targeted promotional initiatives that emphasize the attractive investment environments in both Sharjah and Pakistan

Egypt invests $300 billion in infrastructure development over 10 years, says minister

El Khatib underscored the need to continue infrastructure development to achieve 6 to 7 percent economic growth

Sharjah operates first phase of electric bus rides

The move aligns with SRTA’s commitment to sustainability and supports the UAE’s goal of achieving Net Zero by 2050 

UAE, U.S. strengthen strategic partnership as trade reaches $39.5 billion in 2023

The UAE President's visit marks a significant moment in over fifty years of bilateral relations between the two nations

UAE, Eurasian Economic Commission to enhance economic ties as non-oil trade hits $13.7 billion in H1 2024

Dr. Thani bin Ahmed Al Zeyoudi met Andrey Slepnev in Moscow lately to discuss expanding UAE-Eurasian trade and investment 

UAE celebrates 94th Saudi National Day, reinforcing fraternal ties as non-oil trade soars to $280.96 billion from 2014 to 2023

The fraternal ties between the UAE and Saudi Arabia exemplify a unique model of collaboration

RAKEZ boosts UAE-India economic ties, collaborates with CEPA Council

India is a key market for RAKEZ, which is already home to over 6,000 Indian investors

AD Ports Group signs agreements with two UAE banks to refinance $2.25 billion debt

The two new lending facilities also extend debt maturity to 2026 and beyond

Oman-China trade exceeds $27 billion in 2023, enhancing economic ties and investment opportunities: OCCI

Al Saadi pointed out that the private sectors in both nations are crucial to driving mutual partnerships 

ITS World Congress 2024: Bridgestone showcases latest innovations, green mobility solutions

Bridgestone highlights sustainable mobility by focusing on accelerating the adoption of EVs and other eco-friendly transportation solutions

Etihad Airways marks 20 years of linking India to Abu Dhabi and beyond

The carrier boosted seat capacity from Abu Dhabi to India by adding flights to Ahmedabad, Bengaluru, and Kolkata