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Fujairah Shipping Gets Advanced Vessel

A leading force in the maritime and offshore industries,Grandweld Shipyards has successfully delivered its latest state-of-the-art vessel, the ‘FNSA 7,’ to Fujairah National Shipping LLC. This delivery marks a significant.

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Maersk Ups Forecast Due to Red Sea Disruptions

Shipping giant Maersk has raised its full-year earnings and market demand forecasts, citing disruptions in the Red Sea trading routes as a significant factor. The Danish company, a key barometer.

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American Airlines Reports Lower Profits

American Airlines revised its 2024 outlook downward due to lingering impacts from a problematic booking system upgrade, leading to adjusted profit expectations of 70 cents to $1.30 per share, down.

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FedEx Appoints New MD Operations in KSA

Federal Express Corporation, the world’s largest express transportation company, has appointed Abdulrahman Al-Mubarak as its new Managing Director Operations of Saudi Arabia. Based in Riyadh, Abdulrahman holds a regional role.

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Saudia Orders 100 Air Taxis from Germany’s Lilium

Germany-based air taxi developer Lilium has clinched its biggest order yet in a deal for Saudi airline Saudia Group to purchase up to 100 of its all-electric flying shuttles, which.

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WO-RK @Burjuman Metro Opens Its Doors

The Co-Spaces, a leading business incubator certified by Dubai SME and provider of innovative co-working solutions, has announced the launch of WO-RK @Burjuman Metro. Now open, in partnership with the.

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Shortage of Planes to Drive Repair Industry Growth

The global aircraft repair industry will see more growth in the next six years as airlines keep flying their jets longer because of a shortage of new planes, said Mahesh.

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US Importers Slam Spike in Container Shipping Rate

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and.

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Argentina’s Aviation Market Opens Up

The Argentine government has published a sweeping decree aimed at opening up the country’s aviation sector, inviting foreign airlines to enter the market long dominated by state-run carrier Aerolineas Argentinas..

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EV LAB Launches Electric Mobility Experience Centre

EV LAB, the pioneering electric mobility Retail as a Service (RaaS) startup, held the soft launch of the region’s first Electric Mobility Experience Center recently at One Central, Dubai World.

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