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

red sea

Russian oil flows through Red Sea still face lower risks

Recently, four tankers carrying Russian Urals crude passed through the Bab-el-Mandab strait with another three heading south through the Red Sea

Etihad Rail

Etihad Rail: 9 amazing facts about this growing network

The UAE’s national rail network has made great strides since the project’s inception in 2016

Natural gas

Natural gas buyers hoarding fuel at sea to prepare for winter

Natural gas prices in Europe and Asia are trading at a record high for this time of year

Abu Dhabi’s Al Seer Marine partners with Singapore’s Netbulk to expand freight services

The agreement will help clients mitigate supply chain uncertainties

Al Seer Marine to expand freight solutions' offering globally

Abu Dhabi’s Al Seer Marine expands to provide freight solutions for bulk cargo globally

The subsidiary will focus on delivering effective and efficient freight services for cargo interests internationally, focused on the Middle East market

Saudi’s Trukker raises $96m in equity, debt funding

The deal follows a $23m equity raise in 2019

Qatar Airways ready to buy Boeing, Airbus freighters – CEO

The carrier could place a “large customer order” for an Airbus A350 freighter or a new Boeing 777F before the end of Q3

Dubai’s Emirates SkyCargo expands operations to transport essential items

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