General Authority for Statistics said the main drivers of CPI inflation were the higher prices of food & beverages and transport, which rose by 4 percent each. The cost-of-living index for August rose to 107.61 points, according to the base year 2018, compared to 104.48 points in Aug 2021.

Dubai's Roads and Transport Authority (RTA) has published its seventh Sustainability Report 2021. The report showcases RTA's practices in matters related to the environment, society and governance.

More than 2.3m passengers used Saudi Railways in H1.

Saudi Arabia’s Ministry of Investment has signed a memorandum of understanding with Alstom, which specializes in the sustainable and smart transportation sector, to explore investment opportunities in the transport sector and localize the manufacture and maintenance of trains. The MoU also entails Alstom to establish its regional headquarters in the...

Saudi General Authority of Civil Aviation (GACA) signed a Memorandum of Understanding (MOU) with Poland to organize the operational framework for air transport between the two countries.

Sheikh Mohamed's visit is expected to conclude with 'the announcement of guarantees given by the UAE on quantities of hydrocarbon supplies to France,' says Macron's office.

The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various economic, cultural, military and environmental fields, the latest of which was 13 agreements signed during the visit of the French President to the UAE last December.

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....

The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in four main sectors – manufacturing, food, infrastructure, and transport. At the UAE Circular Economy Council’s second meeting of 2022, the Council also identified at least 16 circular economy activities that can...

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 CBUAE projected the real GDP growth to reach 5.4 percent in 2022, after the growth jumped to 3.8 percent in 2021.

The firm, a subsidiary of IHC, acquired the vessels for AED246m.

A delegation of 50 Iranian businessmen travelled to Oman last week, with Iran's minister for roads and urban development announcing plans for a joint shipping line and tourist flights.

Annual inflation in Saudi Arabia has spiked to 2.3 percent in April, up from 2 percent in March. According to the General Authority for Statistics, also known as GASTAT, the consumer price index, or CPI, in April 2022 has surged 2 percent when compared to the corresponding period a year...

The rise is also attributed to the popularity of the Switch.

Russia invaded Ukraine in February, in part to thwart Kyiv's tilt towards integration with the EU and NATO.

The buyout will give Swvl a foothold in developed markets.

Beijing has refused to budge from its strict zero-Covid strategy, and that has forced many companies to halt production and slow new projects, while those still operating are struggling with a shortage of truck drivers on top of onerous permit and Covid testing requirements.

Announced in July 2021, the national program aims to boost efficiency by 40 percent across the three most energy-consuming sectors in the UAE

Saudi Arabia has declared a ban on the import of trucks older than five years in order to raise the efficiency and competitiveness of the kingdom's transport sector.

The MoU is said to be in the field of maritime transport, exchange of experiences, and strengthening strategic partnership.

Frederick Smith is stepping down after some five decades at the post.

Several other activities recorded an increase, namely transport and warehousing by 19.4 percent, wholesale and retail trade by 15.5 percent, real estate, professional, technical and administrative by 9.5 percent.

Saudi Arabia Railways "SAR" has opened online booking of tickets for train services via the North Train to and from Al-Qurayyat Passenger Station. This is a part of its final preparations to operate the passenger train station in Al-Qurayyat. The services to Al-Qurayyat starts on March 31, 2022, with a...

A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital, emergency services said.

DP World-owned P&O Ferries on Thursday suspended its passenger and freight ships but denied the group was heading into bankruptcy. P&O Ferries operates four routes serving Britain, France, Ireland and the Netherlands. “P&O Ferries is not going into liquidation,” the company said in a statement. “We have asked all ships...

Saudi Arabia has achieved its target of getting 30 percent female labor force participation nearly 10 years ahead of schedule, a study said. The research, carried out by Roland Berger on behalf of Uber, shows that women made up 36 percent of workers in the Kingdom in 2021 — up...

The wave of inflation continues to put pressure on consumers not just in the United States, Europe, and the Arab world, but also in the Gulf region. Economies in the Middle East are exposed to the global price fluctuations because of heavy import dependence. Localized factors like rental deflation and...

Lebanon's transport minister has said that Spain will finance a plan to revive the railway network that has been out of service since the start of the 1975-1990 civil war. A deal for a "comprehensive master plan for the 407 kilometer-long (252 miles) railway" is expected next month, Public Works...

The bank will arrange finances worth $541m for passenger transport.

Nearly 461 million riders in Dubai used public transport, shared transport and taxis, which include metro, tram, public buses, marine transport means (abras, ferry, water taxi, water bus), e-hail vehicles and taxis in 2021. Dubai’s Roads and Transport Authority (RTA) said the number compares well with the number announced in...

UAE Energy Strategy 2050 aims to increase the contribution of clean energy in the total energy mix from 25 per cent to 50 percent.

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...

In spite of an increase in transport and food costs, inflation in Saudi hovered at 1.2 percent in January, according to the Kingdom’s General Authority of Statistics, also known as GASTAT.

The fourth edition of the MENA Transport Congress & Exhibition began on Monday in Dubai.

The organization is integrating the Ferry Operations Branch of the Integrated Transport Center under the scope of its services.

Dubai Metro has eliminated about 1 billion private-vehicle journeys, yielded monetary benefits worth AED115 billion and reduced carbon dioxide emissions by 2.6 million tons from Sept 2009 to the end of 2020, said Mattar Mohammed Al Tayer, Chairman of the Board of Executive Directors of the Roads and Transport Authority...

The pact entails building smart transportation ecosystem.

The UAE’s General Civil Aviation Authority represented the country in the signing of the deal.

The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.

This was revealed by the Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) attar Mohammed Al Tayer during his keynote speech at the 18th IRF (International Road Federation) World Meeting and Exhibition, titled "Roads to Tomorrow: Dubai’s Pathway to Sustainable Mobility" on Monday.

In the absence of a functioning public transport system, car culture has thrived in Lebanon, with many households, even modest ones, boasting multiple vehicles. Since 2019, however, an ever-worsening financial crisis has made petrol unaffordable for many and long queues at gas stations unbearable for the rest.

They include urban development, health, and transport projects.

Vladivostok and Murmansk identified as transshipment hubs.

Owing to higher prices in the transport sector, Saudi Arabia's consumer price index rose 0.4% in July from a year earlier and was up 0.2% month on month, government data showed on Sunday.

The company has signed a merger deal with Queen’s Gambit Growth Capital, the first special purpose acquisition company (SPAC) led by women, that would result in Swvl being listed on Nasdaq.

Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June, the highest this year.

The toll gate system or Darb in Abu Dhabi will not charge anything during Eid al Adha holidays beginning 19 July and the charges will resume on 24 July.

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments in public transportation, railways, and airport expansion in the next ten years. According to the kingdom’s transport and logistical services...

The macro-economic conditions in Saudi economy are improving Encouraged by spending in many sectors, the overall health of the economy is positive Spurred by spending in the local market such as retail, transport, health, and food and beverages sectors, the overall health of the Saudi economy has shown improvement in...