transportation

U.S. signals possible 25 percent increase in tariff on Canadian imported vehicles

Canada is a key auto exporter to the U.S. with integrated supply chains under USMCA 

Saudi Arabia’s non-oil exports surge 14.3 percent to $7 billion in February 2025

National non-oil exports (excluding re-exports) saw a rise of 0.7 percent, totaling SAR16.07 billion

U.S. crude oil stockpiles surge by 244,000 barrels, gasoline inventories plummet by 4.5 million: EIA 

U.S. crude imports surged 1.14 million barrels daily, the highest increase since late 2024 

UAE approves design of first hybrid heliport for flying taxis, helicopters

The hybrid heliport will serve as a key launch point for the Abu Dhabi Air Taxi service, planned for rollout by 2026

Bitcoin jumps over 6 percent to $94,200 as investor confidence rebounds

Market reacted positively after Trump signaled easing trade tariffs

Oman, Russia ink 11 pacts including visa waiver agreement during Sultan’s Moscow visit

The visit marked the 40th anniversary of diplomatic relations established on September 26, 1985 

Oil prices climb to $67.99 on declining U.S. crude stocks, trade optimism

U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data

Dubai gold prices drop AED12, global rates fall to $3,340

Prices declined as Trump eased Fed threats and optimism for a trade deal increased

U.S. solar panel tariffs could reach 3,521 percent to combat Chinese subsidies

Decision follows nearly a year of anti-dumping investigations by U.S. solar manufacturers

Abu Dhabi sees 81 percent rise in EVs with 10,013 registered

The emirate expanded public charging stations to 313 amid surging EV demand

Top airport performances in Saudi Arabia for March 2025: GACA report

King Fahd Airport achieved 91 percent compliance in the latest rankings

UAE launches new initiative to enhance EV charging experience for drivers

Initiative aims to cut over 100,000 tons of CO₂ by 2030, supporting a low-emission future