Search Results for: "AD Ports"

Dubai Taxi Company announces fleet expansion Image supplied

Dubai Taxi doubles airport fleet, adds new taxis in expansion drive

The company reported a 100 per cent growth in its airport taxi fleet, adding 350 environmentally friendly vehicles

UAE pledges $10m to support fair and inclusive trade ahead of WTO MC13 meet on Feb 26 GettyImages-1436075399-e1668747452258

WTO MC13: UAE pledges $10m to boost fair trade

The UAE is hosting the WTO’s MC13, the organisation’s highest decision-making body, as well as representatives of the 166 member states from February 26-29

Funding for green-hydrogen plant - sustainable

UAE, Germany’s Baden-Württemberg forge green partnership for sustainable industry growth

Key areas of collaboration include AI, smart manufacturing, smart health, and aerospace

UAE’s non-oil trade hits record Dhs3.5tn in 2023

UAE non-oil trade expands to record Dhs3.5tn in 2023

The country has initiated a raft of bilateral trade, investment and cooperation deals with several fast-growing economies

UTS AAII and Vadr Media partner to combat online chess cheating image supplied

Abu-Dhabi based VADR Media inks alliance to combat cheating in online chess

This collaboration follows VADR Media’s recent acquisition of Szuperchess, a company known for its disruptive computer vision anti-cheat technology used by Checkmate.live

RTA and Etihad rail sign MoU for ticketing solutions using nol card Image WAM

Landmark deal will see nol cards used to buy tickets on Etihad Rail

The agreement between RTA and Etihad Rail is a significant step to introduce ticket reservation and payment systems, which will be available to Etihad Rail’s passengers across the UAE

Spotify MD MEA Akshat Harbola

Spotify’s Akshat Harbola is keen to support local talent, read to know more

The managing director for the MENA region and South Asia shares the key trends impacting the streaming platform, inclusive initiatives that are bringing fresh talent to the fore and his strategy to get everyone on Spotify

Riyadh Air announces partnership with Sabre

Riyadh Air, Sabre ink strategic deal, here’s what it involves

Riyadh Air has chosen Sabre’s comprehensive suite of solutions to optimise its network planning and drive revenue growth

KEZAD Titan Signing deal to build lithium processing plant

Abu Dhabi’s KEZAD to host Dhs5bn lithium processing plant

Titan Lithium Industries has signed a 50-year land lease agreement with KEZAD to build the plant in Khalifa Industrial Area (KEZAD Al Ma’mourah)

aramex

Aramex reports strong financial performance with 2x growth in Q4 2023 net income

While Aramex’s international express unit witnessed remarkable growth in shipment volumes and revenue, other business segments experienced softer performance

ALDAR

Aldar reports record 40% net profit on sales surge

The company attributed the growth to its highest-ever quarterly development sales of Dhs8.5bn in Q4, with full-year sales reaching a record Dhs27.9bn

UAE-Cambodia CEPA goes into effect: Here’s how free trade pacts lift growth

The agreement is expected to boost trade and investment flows in priority sectors such as logistics, infrastructure, travel, tourism, and renewable energy

oil

Oil heads for weekly gains after Israel rejects ceasefire offer

Non-OPEC output from Norway and Guyana is increasing while Russia is exporting more crude in February than it planned

Bayanat reports robust FY2023 performance AI-GettyImages-1481133084

Bayanat reports 47% revenue growth in 2023, reaches zero-debt position

Bayanat and Yahsat have announced a combined entity, Space42, which will be one of the world’s most valuable publicly listed space companies by market cap

Emirates to reinstate daily service to adelaide Image-Emirates

Emirates to relaunch daily flight to Adelaide

By December, Emirates will return to its pre-pandemic capacity offering 77 weekly services to Australia,with the ability to transport 68,000 passengers per week

GCC travel and tourism

GCC travel and tourism: On a steady path to growth

Chris Ross, chief commercial officer, EMEA Collinson, gives us insights into how the travel industry is contributing to the region’s economy and key travel trends

Elena Sorlini Abu Dhabi Airports MD and CEO Image Abu Dhabi Airports

Elena Sorlini to helm Abu Dhabi Airports, named new MD and CEO

Most recently, as interim chief, Sorlini managed the successful opening of Abu Dhabi International Airport’s new terminal

Anthony Blinken - Riyadh

Oil prices mostly flat as Antony Blinken visits Riyadh

US Secretary of State Antony Blinken is in the region to discuss a ceasefire offer between Israel and Hamas

Meta

As Facebook turns 20, Meta reports first-ever dividend

The social media giant is the first of its generation of internet juggernauts to issue a dividend, a milestone for the tech sector

Going beyond retail: GMG CEO Mohammad A Baker talks about strategy, success and future plans

The driving force behind the continuing success and expansion of the GMG group can be credited to the young and dynamic CEO of the group, Mohammad A Baker

India - UAE bilateral meet in Abu Dhabi

India-UAE partnership: Leading the regionalisation of trade through the decades

As India celebrates its 75th Republic Day, here’s a look at the encouraging bilateral trade figures catapulted by the UAE-India CEPA deal

Global foreign direct investment grows 3% in 2023: UNCTAD

UAE attracts second-highest FDI inflow after US: UNCTAD

The UNCTAD report’s sectoral analysis for 2023 showed an uptick in project numbers in sectors that rely heavily on global value chains, including automotive, textiles, machinery and electronics

Etihad Rail marks historic passenger journey from Abu Dhabi to Al Dhannah

Etihad Rail has carried passengers on its lines for the first time ever as it embarked on a 250km journey

Etihad Cargo, Abu Dhabi Airports, Abu Dhabi Food Hub to set up air corridor for food trade image Getty Images

Abu Dhabi moves to bolster air corridor for food trade

The launch of the Fresh Corridor 2.0 will encourage two-way food trade between the UAE and the rest of the world bringing food products into the UAE

ADNOC bumps up decarbonisation budget to $23bn

UAE’s ADNOC bumps up decarbonisation budget to $23bn

The increased allocation will include investments to grow the company’s domestic and international carbon management platforms

SABIC to build $6.4bn China petrochemical plant

Saudi Arabia’s SABIC gives go-ahead for $6.4bn China petrochemical plant

The complex is expected to be able to produce 1.8 million metric tons of ethylene per year and is designed to expand SABIC’s manufacturing presence in Asia

The RIG msterplan announced Image courtesy OPDC The RIG

Saudi oil rig ‘adventure park’ gets a masterplan

The project includes three hotels with a total of 800 rooms, 11 restaurants, an extreme sports and adventure park, a marina and helipads

UAE launches Global TradeTech Sandbox at WEF

The Global TradeTech Sandbox will streamline the interaction between exporters, logistics companies, ports, regulators, and customs officials

Radisson has strong performance in 2023 Image Supplied

Radisson ups focus on Saudi, UAE as global keys surpass 30,000

Through 2023, the group solidified its position in the Middle East with the signing of 11 hotels, resorts, and serviced apartments across the region

ADCB obtains Saudi banking licence in regional expansion push

ADCB secures Saudi banking licence in regional expansion push

The bank will provide services for both corporate and institutional clients, including financing and working capital solutions