economy

dnata Logistics breaks ground on $27.2 million Dubai South warehouse

The new warehouse will handle 400,000 tons of cargo annually, boosting storage capacity by 50 percent and creating over 50 jobsĀ 

Dubai CommerCity launches autonomous delivery robots trial for enhanced last-mile logistics

The free zone will designate areas for robot parking and charging during the trial to enable seamless operationsĀ 

Dubai Duty Free reports $1.94 billion in sales by end of November 2024

November 30 set a new daily sales record for the year at $8.46 million

Qatar Airways Cargo, Japan Airlines partner to strengthen airline cargo offerings

Over the past 12 months, both carriers have transacted 4,462 tons of import and export cargo in Japan

AI in sports forecasted to hit $19.2 billion by 2030: Report

AI expected to generate $8.5 billion for GCC media and entertainment by 2030

Abu Dhabi Business Week attracts over 10,000 participants on first day

ADBW will deliver more insightful sessions during its remaining days, allowing participants to drive sustainable development and partnerships

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Abu Dhabi’s NMDC Group creates new Logistics & Technical Services division to drive expansion and diversification

The new unit adds logistics and technical services to the Group’s marine, EPC, engineering, and construction sectorsĀ 

Qatar: Non-energy private sector business activity accelerates in November

Increases in jobs and wages remain among fastest on record

GCC economies to more than double growth to 4 percent in 2025: Report

UAE's economy is set to grow from 3.7 percent in 2024 to 4.5 percent in 2025

Saudi Arabia Crown Prince launches National Red Sea Sustainability Strategy

Strategy aims to increase the coverage of marine and coastal protected areas from 3 percent to 30 percent by 2030

UAE’s Federal Tax Authority urges businesses to file corporate tax returns by December 31, 2024

This will help them avoid administrative penalties for failing to comply with the legally mandated deadlines