transportation

ADNOC L&S JV welcomes first very large ethane carrier Gas Yongjiang, projecting $4 billion revenue

Gas Yongjiang’s delivery marks a milestone in ADNOC L&S's strategy for lower-carbon energy transport 

DP World’s revenue grows 20.4 percent YoY to $11.24 billion, adjusted EBITDA rises 21.4 percent to over $3 billion

The group handled 27.4 million TEU, marking a 7.5 percent increase year-on-year across terminals 

OPEC forecasts global oil demand growth of 1.38 million bpd for upcoming year amid U.S. output decline

Supply growth from non-OPEC+ producers is projected to decrease, affecting overall market balance.

Dubai Chamber of Commerce welcomes 35,532 new members in H1 2025, exports and re-exports hit $46.8 billion

The chamber also issued 409,083 Certificates of Origin, up 10 percent from H1 2024

Dubai 24-carat gold price today rises above AED406, global rates relieved as Trump’s tariff decision calms markets

Trump's assurance against gold tariffs calms markets; traders eye U.S. CPI and Fed rate cut expectations closely now

Crude oil prices rise 0.39 percent to $66.90 following U.S.-China tariff extension, trade optimism

Trump extended the tariff truce with China for an additional 90 days, averting duties

Smiles, Etihad Airways team up for new loyalty points integration

Through the partnership, customers can now link their Smiles and Etihad Guest accounts to instantly convert points and miles between the two programs

Emirates implements new safety regulations for power bank use onboard

Emirates customers are still permitted to carry one power bank onboard with specific conditions, but the power banks may not be used while in the aircraft cabin

Trump and Putin to meet next week as tariffs on Russian oil loom

The first meeting between the two leaders since Biden and Putin's discussions in June 2021 

U.S. tariffs begin today, impacting European imports and over 60 countries

The new tariffs target goods from the EU, Japan, and South Korea at 15 percent