Logistics

Strategic agreements signed to support railway project between UAE, Oman

In October 2024, Hafeet Rail secured $1.5 billion financing for the Sohar-UAE railway project

Dubai Chambers, U.S Chamber of Commerce partner to enhance trade, investment ties

Partnership will strengthen trade relations and enhance the ties between the business communities of Dubai and the United States

DP World sets new record for container handling in 2024, up by 8.3 percent

The global logistics business now has the capacity to handle more than 100 million TEU across operations in 78 countries

Sheikh Mohammed approves new boards of directors for Dubai Chambers and its three divisions

The board of directors for Dubai Chambers will be headed by Sultan Bin Saeed Al Mansoori, former UAE Minister of the Economy

Dubai Aerospace Enterprise revenue grows 8.7 percent to $1.42 billion in 2024

The company acquired 83 owned and managed aircraft in 2024 and sold 68 aircraft, raising its total fleet size to 506

Saudi Arabia opens domestic private aviation market to international operators

New policy will come into effect on May 1, 2025, allowing foreign charter operators to apply for permission to operate domestic flights

UAE foreign trade hits $816.8 billion in ‘historic milestone’: Sheikh Mohammed

In 2024, global trade grew 2 percent, while UAE’s foreign trade surged 14.6 percent

Abu Dhabi Airports welcomes record-breaking 29.4 million passengers in 2024

Abu Dhabi Airports saw a 10 percent increase in aircraft movements, from 226,362 in 2023 to 249,747 in 2024

‘The future is here’: Record-breaking Dubai Airshow returns this November with major aerospace advancements

The 19th rebranded edition will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum

China retaliates with targeted tariffs after Trump imposes addition 10 percent charge

China's Ministry of Finance said it would impose tariffs of 15 percent on U.S. coal and LNG and 10 percent on crude oil

Trump’s tariff policies explained: EU next in line following Canada, Mexico and China

When asked about the UK, the US president said that trade issues with the UK could be worked out

Dubai: 747 million riders used public transport, taxis in 2024 with daily average exceeding 2 million

6 percent surge in ridership compared with 2023, November reaching a record 69.9 million riders

Dubai South welcomes 415 new companies in 2024, reports 300 percent rise in leased office space

In 2024, Dubai South Properties successfully completed Phase 1 of The Pulse Beachfront

Dubai International Chamber attracts 51 multinational companies in 2024, 55 percent growth achieved

The chamber participated in 127 global events in 78 cities across 50 countries

Etihad Credit Insurance becomes UAE’s first insurer to join KYC Blockchain Platform

The initiative improves KYC compliance, customer data quality, and supports future growth of the network

Dubai unveils new air taxi prototype at the Museum of the Future

The Joby S4 aerial taxi features cutting-edge electric technology, ensuring zero emissions, safety, and comfort

Dubai’s RTA enhances traffic efficiency with three major improvements on Sheikh Zayed Road

First enhancement will boost vehicle capacity by 30 percent, improving entry and exit flows significantly

Global air traffic rises 10.4 percent as demand surges to record high in 2024

Middle Eastern airlines saw a 9.4 percent air traffic rise in 2024

Etihad Credit Insurance achieves AA- rating with stable outlook from Fitch for seventh year in a row

H.E. Abdullah bin Touq: ECI’s favourable ratings from Fitch thereby enhance business confidence in the national economy

Qatar-Oman trade volume surpasses $1.8 billion in 2024, says minister

Bilateral meetings aimed to explore collaboration and investment opportunities between Qatari and Omani companies

DXB welcomes record 92.3 million guests in 2024, celebrating decade as world’s busiest international airport

Over the past decade, the airport has welcomed more than 700 million guests on over 3.3 million flights

Ras Al Khaimah International Airport sees 661,765 passengers in 2024, 28 percent surge in traffic

The airport recorded 7,440 flights in 2024, reflecting a robust 21.3 percent increase in movements