transportation

Oil prices slip to $71.88 amid Trump tariffs, Russia-Ukraine talks

West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel

DP World launches deep-water port project in Congo

This collaboration marks a key milestone in the Banana Port project, transforming trade and boosting DRC’s economy

Oil prices dip to $70.25 on oversupply fears after Russia-Ukraine truce

Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged

Global GDP growth to slow from 3.2 percent in 2024 to 3.0 percent by 2026: OECD

OECD warned that increased trade restrictions will hurt global economic performance and raise inflationary pressures

Air Arabia shareholders approve 25 percent dividend after $435.6 million profit before tax

In 2024, Air Arabia added 31 new routes from its hubs in the UAE, Morocco, Egypt, and Pakistan

UAE gold prices surge AED2.25, global rates climb over $3,000 on tariff fears

Increased geopolitical tensions in the Middle East heightened the demand for safe havens

Dubai Chambers to host Dubai Business Forum – Germany to bolster investment in key sectors

Forum seeks to attract multinational companies and fast-growing startups from Germany to Dubai

Dubai Chamber of Commerce welcomes 29,000 companies in trading, services in 2024

23,204 new companies launched in real estate and services, marking 8.4 percent annual growth

RTA’s nol system upgrade: 40 percent complete, enhancing Dubai’s transport future

The new system allows account creation, linking nol cards to wallets, and QR code ticket purchases

Trump says ‘no intention’ to alleviate steel, aluminum tariffs

The U.S. President said reciprocal duties on U.S. trading partners would be implemented alongside auto tariffs

UAE gold prices flat, global rates climb on safe-haven demand near $3,000

U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy"