Red Sea shipping disruptions having a ‘cascading impact’ said the shipping giant
While Aramex’s international express unit witnessed remarkable growth in shipment volumes and revenue, other business segments experienced softer performance
Recently, four tankers carrying Russian Urals crude passed through the Bab-el-Mandab strait with another three heading south through the Red Sea
The UAE’s national rail network has made great strides since the project’s inception in 2016
Natural gas prices in Europe and Asia are trading at a record high for this time of year
The agreement will help clients mitigate supply chain uncertainties
The subsidiary will focus on delivering effective and efficient freight services for cargo interests internationally, focused on the Middle East market
The deal follows a $23m equity raise in 2019
The carrier could place a “large customer order” for an Airbus A350 freighter or a new Boeing 777F before the end of Q3
Since the beginning of the year, Emirates SkyCargo has helped import more than 33,000 tonnes of perishable items and more than 1,700 tonnes of pharmaceuticals into the UAE