transportation

UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed

Non-oil trade between the two countries grew to $11.7 billion in 2023

UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.

UAE gold prices rise AED1.25 as global rates near record high on weaker U.S. dollar

Markets are focusing on Friday's PCE report, the Federal Reserve's preferred inflation measure

Oil prices fall 0.3 percent to $74.24 amid weak U.S. economic data

West Texas Intermediate (WTI) crude futures fell 0.4 percent to trade at $69.97 per barrel

Dubai International to welcome 2.5 million passengers from February 20 to 28

This surge in visitors results from global events and school holidays, creating a busy DXB period

Trials of autonomous vehicles begin at Doha’s Hamad International Airport

Equipped with GPS, AI systems, and intelligent sensors, these vehicles enhance safety and operational efficiency

Dubai Taxi Company revenues grow 12 percent to $599 million in 2024

Limousine segment saw revenue increase by a healthy 8 percent to AED124.5 million in 2024, supported by the expansion of its fleet

Oil prices rise 0.3 percent to $76.04 amid supply disruptions, U.S.-Russia talks

West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel

UAE and Ukraine explore investment opportunities following CEPA signing, issue joint statement

CEPA aims to add about $369 million to UAE's GDP and $874 million to Ukraine's GDP

UAE gold prices surge AED1.25 as global rates rise amid U.S. tariffs uncertainty, trade war fears

Spot gold was up 0.1 percent at $2,898.99, while U.S. gold futures gained 0.4 percent to $2,912.60

Oil prices drop 0.2 percent to $75.10 as OPEC+ considers output delays

Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel

Abu Dhabi seeks to boost investments with China as bilateral trade projected to reach $200 billion by 2030

The emirate hosts many of the 6,000 Chinese companies in vital sectors like technology and energy