Dubai, UAE -- DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade in 2022, marking a 30 percent year-on-year growth, and taking the total number of companies to over 9,500. During the past 10 years, Jafza has seen a 13-fold increase in logistics customers,...

The UAE has utilized advanced technologies to develop capacities and meet the growing demand in these sectors. Additionally, the country aims to adopt a new and more open development model in line with the leadership's future vision and the UAE Centennial 2071, the minister adds.

Abu Dhabi, UAE - UAE's Minister of Economy Abdullah bin Touq Al Marri said Wednesday that in 2022, the UAE economy recorded its fastest growth rate in over a decade despite the global economic slowdown, with the first half of 2022 witnessing unprecedented growth of nearly 8.5 percent. The country's...

Property markets benefit as an increased demand for tourists and the rise in government spending on infrastructure projects drive the post-pandemic recovery in the region.

Doha, Qatar—Logistics market in Qatar will outperform other Gulf Cooperation Council countries during the 2020-2026 period, a study says. The study by the Investment Promotion Agency in Qatar showed Qatar ranked among the first 20 percent of countries in the world and second in the Middle East based on performance...

The Group's revenue grew by 41 percent to AED5.5 billion.

The MoU is aimed at improving services at kingdom's airports.

They will collaborate in shipping, logistics and ports services.

Dubai, UAE - Dubai South and Evocargo will launch UAE’s first autonomous vehicle trials for cargo at the master development’s Logistics District. Media reports said the move is a step towards Dubai’s ambition to become world’s smart mobility hub. The trials will see EVO.1, Evocargo’s unmanned electric logistics vehicle, navigate...

Abu Dhabi, UAE--- AD Ports Group has signed two major agreements with the Government of Kyrgyzstan to promote trade and strengthen economic ties with the Central Asian nation. Under the first agreement, the Ministry of Economy and Commerce has entered negotiations with AD Ports Group to secure more than 300,000...

Abu Dhabi, UAE -- NEXT50 today launched PLATFORM50, a one-stop-shop solution for organizations to maximize business value and address tomorrow’s challenges. The announcement was made at NEXT50’s inaugural Executive Day – which spotlighted the latest in state-of-the-art technologies including artificial intelligence (AI) and real-world applications accelerating a data-driven future in...

The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions by 2050 agenda.

The ports operator paid $680 million for the deal.

Abu Dhabi, UAE - AD Ports Group and International Development Bank (IDB) have signed a deal to review opportunities for ports and logistics projects that could enhance trade flows between the UAE and Iraq. IDB aims to provide its services to corporate clients and support a range of key infrastructure...

Riyadh, Saudi Arabia--Saudi Arabia's General Authority of Ports (Mawani) has signed a contract with Globe Group, a marine services company, to establish an integrated logistics zone and a re-export zone in Jeddah Islamic Port on an area of ​​135,000 square meters. Mawani said the logistics zone will enhance the port’s...

The project will support Egypt's integration into global value chains and its efforts to become a regional trading hub.

Moscow replaced its top logistics general after setbacks as Kremlin-held regions of eastern and southern Ukraine voted for a second day on becoming part of Russia. The change comes amid a mobilization drive by Russia after the Ukraine invasion revealed logistical difficulties, with Kyiv taking back some territory.

Jebel Ali Free Zone (Jafza), facilitated over 1.2 million metric tonnes (MT) from Dubai’s total volume of around 4.8 million MT of vehicle and transport commodities which transited through the emirate in 2021.

Russia said visas had been issued for Foreign Minister Sergei Lavrov and members of his delegation to attend the UN General Assembly at UN headquarters in New York from September 20 to 26. Moscow had earlier expressed alarm that US entry visas had not been issued for 56 representatives of...

If the apex banks focus too much on core inflation, it will be a big mistake. Food and energy will be at the center of the crisis years with climate change and green transformation being inflationary in the years to come. Investors should increasingly invest in the tangible world to...

Customs clearance assistance is part of the agreement.

Cast metal sales rose 11% compared to H1 2021.

Post pandemic, the logistics sector is best placed to support e-commerce businesses in tapping the unlocked potential of the large and still untapped market. The Middle East, which is continuing to experience rapid growth in e-commerce, may get an additional push from the logistics sector, she adds.

Abu Dhabi National Oil Company (ADNOC) signed a $1.17 billion (AED4.3bn) for hiring 13 self propelled jack-up barges to drive its offshore operational efficiencies. ADNOC Offshore awarded the five year contract to ADNOC Logistics & Services (ADNOC L&S). Over 80 percent of award value will revert to UAE's economy under...

The Covid-19 pandemic, regional lockdowns, and Ukraine war have been disrupting trading lane in air and maritime freight, affecting the global supply chain, say experts.

Abu Dhabi Ports and Hutchison Ports have signed an MoU to identify joint investment and business opportunities related to feedering, logistics, and port activities across the GCC, Africa and Asia. The two organizations will also form a partnership to operate within Tanzania, where they will work closely together to explore...

Net Profit of Aldar in Q2 2022 amounted to $229 million.

The agreements cover logistics and transportation, renewable energies, manufacturing, environment services, aquaculture, defense, trade, engineering and agriculture.

A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a two-day visit to Türkiye that took place from July 13-14 aimed at enhancing cooperation and exploring new areas for future collaboration.

AD Ports to support Hayat' global logistics and distribution.

During the first half of the current year, startups in the Middle East have succeeded in raising $1.8 billion, according to a MAGNiTT report. The fintech sector remained the most capital attracting sector, raising nearly $1.7 billion and accounting for 34 percent of the total funding secured across all markets....

A logistics and freight business and food trading hub will be built in Uzbekistan.

Emirates Post Group (EPG) and Hub71, Abu Dhabi’s global tech ecosystem, will partner to provide tech startups in the Emirate with greater opportunities to collaborate with EPG and advance the logistics sector using next-generation technologies. In a statement, Hub71 said the partnership will focus on active collaborations with startups based...

Minister of Transport and Logistics, Engineer Saleh bin Nasser Al-Jasser, praised the seafarers for their role in the global maritime transport industry and their efforts in sustaining the flow of life's necessities. He was speaking on the occasion of the International Seafarers Day, observed on June 25 annually. Al-Jasser said...

The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones. On a visit to Doha, Abdel-Wahab agreed on coordinating field visits to the Qatari business community to Egypt to discuss investment opportunities. Abdel-Wahab reviewed the investment opportunities for Qatari investors,...

The Free Zone announces this at Seamless Middle East 2022.

The shipment value of cargo trains of the Saudi Railway Company (SAR) has increased by 25 percent at the end of Q1 2022, compared to Q1 2021. The trains transported in excess of 5.5 million tons of minerals and goods, which reflects SAR’s role in enhancing national industries and logistics...

Dubai Logistics City Customs Centre completed 48,000 transactions and cleared goods valued at AED 1.6 billion in the first quarter of this year, said Sami Eisa, Senior Manager of the Centre. The Centre facilitates processes and operations of companies and traders, and in particular in the shipments of the International...

The Public Transport Authority announced the launch of two new Saudi-flagged marine tankers: "Sara" and "Hessa". Both were recently registered at King Abdulaziz Port in Dammam. The new giant ships of the Saudi naval fleet, bring the tally of national ships carrying the Saudi flag to 426, with the loading...

Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and Industry of Oman met Bandula Gunawardena, Minister of Trade of Sri Lanka, in Muscat on Sunday. The two sides explored aspects of the joint cooperation, economic diversification sectors and the...

This will enhance the port's infrastructure and operating capabilities, expand capacity, and enable logistical efficiency.

Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...

The King Abdulaziz Port in Dammam recorded the highest daily container throughput at Saudi ports by handling a total volume of 18,020 TEUs on a single vessel. The port succeeded in achieving the feat through its integrated operational mechanism of maritime and logistical services. Additionally, the landmark milestone was reached...

Dubai Maritime City (DMC), DP World’s purpose-built maritime hub, announced the launch of a major project worth AED140 million ($38.1 million) to develop its infrastructure.

Are regional governments ready to adopt blockchain technology to boost business payments, transactions, interbank payments and corporate dealings?

AG&P will use an Adnoc L&S vessel as a floating storage.

ADNOC L&S' LNG Carrier Ish will be used as a Floating Storage Facility.

The Saudi Ports Authority (MAWANI) signed an agreement with shipping giant Bahri to build and operate an integrated logistics park on land leased at the Jeddah Islamic Port with a total area of 95436m2. President of MAWANI Omar Talal Hariri and Eng. Abdullah Ali Aldubaikhi, CEO of Bahri signed the...

A number of US companies are willing to invest in basic infrastructure and logistics to support Tunisia's efforts in this field, US Ambassador in Tunisia Donald Blome stressed at his meeting on Monday with Transport Minister Rabii Majidi. The two parties underlined the considerable progress of Tunisia's millennium challenge program...

The two firms will establish a marine logistics base at Mugharraq Port.