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Logistics
Abu Dhabi’s Etihad Airways boosts fleet with sixth A350 delivery
A350 stands out with 25 percent lower CO2 emissions and 50 percent smaller noise footprint
Economy
EU pauses countermeasures against U.S. tariffs
26 EU member states voted to impose countermeasures just before Trump announced a 90-day pause
Sustainability
Masdar expands European footprint with 100 percent acquisition of Greece’s TERNA ENERGY
Masdar will initiate the process for TERNA ENERGY’s delisting from the Athens Stock Exchange
Logistics
WTO warns U.S.-China trade tensions could slash global trade by 80 percent, risking 7 percent GDP drop
The preliminary estimate came as Trump raised tariffs on China but paused others for 90 days
Economy
Egypt annual urban consumer price inflation rises to 13.6 percent in March
Country aims for $60 billion in foreign direct investment, $145 billion in exports
Logistics
EU approves first wave of countermeasures against U.S. tariffs
The European Union will target a range of U.S. imports starting next Tuesday in response to the U.S. tariffs on metals
Banking & Finance
Business travel in MENA set to soar to $270.8 billion by 2030: Report
Business travel in the MENA region rose by 50 percent in Q1 2025 compared to Q1 2024
Saudi Arabia
Saudi Arabia achieves top global ranking in empowering women in AI sector: Report
The Kingdom ranked third in AI job growth for 2024 and fourth in leading AI models
Economy
UAE strengthens trade with Congo, offers 99.5 percent tariff exemptions: Al Zeyoudi
Congo’s key sectors set to thrive under the new Comprehensive Economic Partnership Agreement
Health
Trump says U.S. will announce “major” tariff on pharmaceutical imports
Trump noted that these tariffs will incentivize drug companies to move their operations to the U.S.
Banking & Finance
Egypt secures nine development agreements worth $290.2 million with France, EU
These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors
Economy
Egypt aims for $60 billion in foreign direct investment, $145 billion in exports
The country aims for 65 percent private sector contribution by 2030
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