Doha, Qatar – The Autonomous e-Mobility (AEMOB) Forum, a groundbreaking initiative in the realm of sustainable transportation, announced its final program and speakers lineup on Tuesday. Under the patronage of Jassim Saif Ahmed Al-Sulaiti, Minister of Transport, and in partnership with the Ministry of Transport (MOT) of Qatar, the forum...
Bahrain to keep managing air traffic over Gulf waters
Bahrain will keep managing air traffic in the airspace over international waters in the Arabian Gulf, extending from the borders of the UAE flight information region (FIR) to the borders of Kuwait FIR.
SFD launches $135m infra projects
The projects have been inaugurated in Djibouti.Venture capital invests $548m in Saudi start-ups
The investment spans several sectors including e-commerce, financial technology, education and transportation
Self-mobility a ‘promising business’: Ekar founder
Car ownership could become a hobby only for wealthy people in future, says Ekar founder Vilhelm Hedberg.
US telecom firms agree to airlines’ call, delay 5G rollout
The move came a day after AT&T and Verizon rebuffed a request to delay the already delayed rollout, prompting airlines to threaten legal action. Aviation regulators have raised concerns that the new system might interfere with the devices planes use to measure altitude.
Dubai government approves budget for 2022-24
Sheikh Mohammed bin Rashid Al Maktoum said the budget supports the Dubai Strategic Plan 2030 and places Dubai at the 'forefront of worldwide efforts to promote recovery'.Is GCC inflation out of control?
The main reason for high inflation rates in the GCC countries is a rebound in prices in the sectors that were affected the hardest during the Covid-19 crisis, Chief Economist at Oxford Economics Middle East, Scott Livermore, tells TRENDS in an interview.Kuwait denies withdrawing driving permits of expats
The ministry said in a statement that the personnel were actually engaged in routine upgrade of the licenses' data system.
Ras Al Khaimah moves to regulate transporting passengers by luxury vehicles, limousines
Ras Al Khaimah has regulated the activity of transporting passengers by luxury vehicles and limousines in the emirate. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, and Chairman of the Executive Council, approved Resolution no.3 of 2021 which paved the way for this...Oman inflation up by 3.35 percent as transportation, education prices surge
The inflation rate in Oman rose by 3.35 percent in October 2021 compared to October 2020. Local media reports, citing the latest data from the National Centre for Statistics and Information (NCSI), said the inflation rate also went up by 0.75 percent compared to September 2021. The rise of prices...
Etihad Rail completes construction of UAE network’s first marine bridge
Etihad Rail has completed the construction of a rail bridge connecting Khalifa Port with the UAE National Rail Network. The 1-km bridge is part of Package B of Stage Two of the network and will play an important role in improving the transportation of goods in the region and reducing...Iran suspects Israel and US behind fuel cyber attack
An Iranian general has said Israel and the United States were likely to have been behind a cyber attack that interrupted the distribution of fuel at service stations. In July, Iran's transportation ministry said a "cyber disruption" had affected its computer systems and website.
Careem faces flak over random price hike
People in the UAE complain about Uber and Careem's high prices, which have been raised significantly in the last few months due to Expo 2020 and Dubai attracting many tourists.Saudi and UAE stock markets rebound
The Saudi and UAE bourses saw quite some ups and downs in the week that began on Sunday, October 10.
Africa needs to revamp transportation for economic development: DP World CEO
Africa offers significant potential for investment and economic partnerships that can create mutual benefits for UAE businesses and their African counterparts, said Sultan Bin Sulayem, CEO of DP World Group. Speaking at a session of the Global Business Forum Africa in Dubai, Bin Sulayem said that for trade links to...
Non-oil sector fuels Bahrain economy growth
The results are said to be showing signs of economic recovery of Bahrain.
GCC nations eye Hyperloop travel by 2030
It is predicted that the Hyperloop technology will carry between 45 and 50 million passengers yearly in the Gulf Arab states using clean and renewable energy.
Saudi Arabia reaches out to France for stronger economic ties
The move aims to further enhance bilateral investment relations by making use of the opportunities offered by Saudi Vision 2030.Oman readies roadmap for green economy
Oman’s Environment Authority and Petroleum Development Oman have reportedly discussed the policy draft with the United Nations Environment Program.Saudi Arabia starts $3.4bn infrastructure projects in Tabuk region
The projects in the Tabuk region will include initiatives related to housing, transportation, environment, and agriculture.
Egypt’s headline inflation rises to 5.4 percent
Egypt's annual urban consumer inflation increased to 5.4% in July from 4.9% in June, official statistics agency CAPMAS said on Tuesday.How future of mobility will look like in GCC?
Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the fast moving technology and ongoing transformations. How everybody is talking about new innovative concepts that are shaping the transportation sector. Hyperloop is one of the most revolutionary concepts of all....
