Logistics

SAL Logistics invests $1.07 billion in new logistics zone in Riyadh’s Falcon City

Project will feature high-quality Class A warehouses, scalable storage solutions and cutting-edge operational infrastructure

Dubai RTA reports 20 percent increase in licensing providers’ compliance with regulations

The Authority conducted in 2024 about 579,000 inspections and audits for licensing activities and transactions

Suez Canal loses $800 million in revenues monthly amid regional unrest, says Egypt president

Canal’s revenues declined over 60 percent year-on-year in 2024, costing Egypt nearly $7 billion in losses

UAE-U.S. merchandise trade grows 9.47 percent to $34.43 billion in 2024

UAE investments in the U.S. reached approximately $3.7 billion between 2018 and 2023

Sheikh Hamdan issues Resolution to regulate free zone establishments operating outside designated zones

Establishments must comply with regulations and keep separate financial records for operations outside the free zone

Etihad Airways to add third daily flight to Moscow starting October 1

The new flight increases the service to Moscow to 21 flights per week

Global trade grows 3.7 percent to record $33 trillion in 2024, says UNCTAD

Services led the expansion in global trade in 2024, growing 9 percent annually and adding $700 billion to the total

Dubai Chamber of Commerce welcomes 29,000 companies in trading, services in 2024

23,204 new companies launched in real estate and services, marking 8.4 percent annual growth

RTA’s nol system upgrade: 40 percent complete, enhancing Dubai’s transport future

The new system allows account creation, linking nol cards to wallets, and QR code ticket purchases

Trump says ‘no intention’ to alleviate steel, aluminum tariffs

The U.S. President said reciprocal duties on U.S. trading partners would be implemented alongside auto tariffs

Emirates flights to Riyadh: Retrofitted Boeing 777 to begin daily services soon

The airline aims to enhance passenger experience with new Business Class seats and acclaimed Premium Economy

Etihad Airways launches three weekly flights to Medan, Indonesia

Etihad will fly to and from Medan on one of its new A321LR aircraft three times a week

Dubai Aerospace Enterprise inks $1 billion agreements to acquire 17 aircraft

80 percent of the aircraft are manufactured by Airbus and 20 percent are manufactured by Boeing

UAE GCAA issues region’s first regulation for certifying air navigation service providers for drones

The new regulation includes all essential elements for certifying drone air navigation service providers

DP World reports record $20 billion revenue in 2024

The revenue growth was primarily because of improved performance from ports and terminals

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.

Dubai’s luxury transport grows 44 percent in 2024 with over 43.4 million trips

Dubai's luxury transport services carried 75.6 million passengers in 2024

Abu Dhabi’s Etihad Airways welcomes 1.6 million passengers in February, up 14 percent YoY

Passenger traffic increased to 3.3 million in the first two months, up from 2.9 million

Ajman Transport launches first contactless bus payment system in UAE

Passengers can securely pay using bank cards, digital wallets, and wearables like smartwatches

EU countermeasures to Trump’s tariffs effective April 1

Negotiation remains a possibility, as tariffs could burden economies amid geopolitical and economic uncertainties

RTA signs 9 agreements with Dubai developers, free zones to boost services

Agreements create a unified platform for approving infrastructure projects and managing public road activities

Saudi Arabia, Ukraine seek stronger economic ties as bilateral trade grows 9 percent in 2024

The two sides welcomed the upcoming reestablishment of the Saudi-Ukrainian Business Council in 2025

Qatar Airways boosts global network with 11 new destinations as demand surges

New flights will connect major cities like Sharjah, Amsterdam, London, Madrid, and Tokyo Narita

New law restructures General Administration of Abu Dhabi Customs: Key changes and responsibilities

The General Administration of Abu Dhabi Customs now has an independent legal identity under the law