transportation

ECB maintains interest rates at 2 percent, pausing its year-long easing cycle

This decision follows eight cuts since June last year as trade relations with the U.S. remain unclear

DP World Trade Finance mobilizes over $1 billion in working capital for emerging market enterprises

Collaborations with 32 financial institutions have enhanced access to capital for underserved businesses globally 

Saudi Arabia launches initial operational phase of autonomous vehicles in Riyadh

Vehicles in this phase will cover Saudi Arabia's King Khalid International Airport and several key locations across Riyadh

Crude oil prices rise to $68.75 as U.S.-Japan trade deal boosts market optimism

Traders worry Trump's tariffs may slow global economic growth and reduce energy demand significantly

Dubai: Traffic diversions in Academic City announced as construction on Dubai Metro Blue Line begins

Diversions include closing 63rd Street in both directions in front of the German International School, with access to Sheikh Zayed bin Hamdan Street

Nvidia H20 AI chip sales to China approved by U.S. amid trade talks

China said win-win cooperation is only way forward in tech dispute

Uber plans massive robotaxi rollout using Lucid EVs and Nuro technology

Uber’s latest announcement builds on a series of high-profile partnerships that cement its role as a central platform for autonomous transport

Saudi PIF-backed Lucid, Nuro partner with Uber to deploy 20,000 robotaxis over next six years

The vehicles will be owned and operated by Uber or its third-party fleet partners and made available to riders.

Dubai 24-carat gold price today dips to AED400.50 as traders eye Fed’s upcoming decisions

Fed Governor Waller indicated the need for a policy rate reduction amid escalating economic risks

Oil prices rise with Brent crude up 0.1 percent above $68.50 on strong demand data

OPEC projects better global economic performance in the second half, improving oil demand expectations

The future of mobility: How IoT and AI are revolutionizing transportation

Among the various sectors within the IoT market, automotive IoT is expected to dominate, with a projected market volume of $752.71 million in 2025