A general view of a stock yard of DP World at Jebel Ali Port in Dubai. WAM
The UAE showed an outstanding performance in securing food during the COVID-19 pandemic with Dubai external foodstuff trade reaching Dhs52 billion in 2020, according to Dubai Customs.
DP World Limited handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2 per cent year-on-year
P&O Ferrymasters on Thursday announced it has entered into an agreement with Belgium-based Genk Green Logistics to build a 10,000 square metre state-of-the-art warehouse near the Port of Genk in Belgium,
The UAE GDP is expected to grow by 2.4 per cent in 2021 and 3.8 per cent in 2022 while the non-oil GDP to expand by around 4 per cent in both years, according to the Financial Stability Report (FSR) released by the Central Bank of the UAE (CBUAE) on Thursday.
The real estate sector in Dubai showed a continuous flow of real estate investments in May 2021, recording 5,359 investments worth over Dhs11 billion. In addition, 11,387 new investors entered the market,
European and US stocks pulled in different directions on Thursday as traders digested the Federal Reserve bringing forward its forecasts for hiking interest rates to prevent the US economy from overheating.