Exporters based in Saudi Arabia and the UAE will be required to pay VAT on goods transported between the two Gulf neighbours from 2018
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The UAE government has given the approval for developmental projects worth nearly AED200mn in the Northern Emirates, said a report.
UAE is pushing for a category B membership at the International Maritime Organisation; the country’s 77 port management system is globally renowned
The UAE has been ranked as the 10th most connected country in the world, according to the Global Connectedness Index (GCI), released by DHL Express.
DP World handled 63.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 2016, according to the company.
Dubai Ruler, HH Sheikh Mohammed bin Rashid Al Maktoum, welcomed Frederick Smith, the president and CEO of US-based FedEx.
Turkey was the UAEs 15th biggest global trade partner, sixth largest importer, and 13th top exporter for the entire 2015.
The board of directors of Abu Dhabi Ports Company has been reconstituted under the chairmanship of Dr Sultan Ahmed Al Jaber.
Aramex announced its net profits for 2016 ending 31 December, which increased by 37% to AED426.6mn, compared to AED311.3mn in 2015
Within the GCC, Saudi Arabia and the UAE remain the most lucrative markets for the logistics industry in 2016, according to a report by Al Masah Capital