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      Deena Kamel

      Deena Kamel

      Location
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      Articles

      Yemen's Houthi rebels are attacking cargo ships in the Suez Canal, forcing shipping traffic to redirect around the southern tip of Africa. AP
      Suez Canal revenue nearly halves in January amid Houthi attacks

      Income from key trade waterway dropped to $428 million compared with $804 million in January 2023

      BusinessFebruary 04, 2024
      There was a 59 per cent increase in the use of Dewa's green charging services for electric vehicles in 2023, the utility said. Photo: Dewa
      Dubai EV numbers hit nearly 26,000 in 2023 amid green mobility drive

      UAE plans to increase share of electric cars on the road to 50% of total vehicles by 2050

      EnergyFebruary 04, 2024
      Retailers and manufacturers are increasingly seeking to fly their goods as attacks on vessels in the Red Sea raise ocean freight costs. Getty
      Air freight rates rise for first time this year amid Red Sea disruption

      Cargo rates increased 6.4% in the week to January 29, price reporting firm TAC Index says

      AviationJanuary 31, 2024
      Spot rates for transporting a 40ft container from Asia to Europe through the Suez Canal have surged more than 300 per cent since the Red Sea attacks began. Reuters
      Red Sea shipping diversions set to continue to mid-2024

      Major carriers will not resume transits through Suez Canal until risk of attack falls, says maritime consultancy Drewry

      EconomyJanuary 30, 2024
      A Maersk container ship sails southbound to exit the Suez Canal in Egypt in December. Bloomberg
      From clothes to cars, prices could rise due to Red Sea attacks

      Goods face transport delays of two weeks or more as cargo vessels are rerouted to avoid Houthi strikes

      EconomyJanuary 29, 2024
      Wizz Air chief executive Jozsef Varadi said 'the Middle East, especially the Gulf will remain growth markets'. Reuters
      Wizz Air CEO says aviation sector must focus on quality control after Alaska incident

      Technological innovation will slow down due to higher scrutiny, Jozsef Varadi says

      AviationJanuary 25, 2024
      Fly Baghdad, the budget Iraqi airline, flies to 45 destinations in the Middle East and Asia. Reuters
      Fly Baghdad begins legal appeal against US sanctions decision

      Iraq's low-cost airline accused of supporting Iran's Islamic Revolutionary Guard Corps' Quds Force

      AviationJanuary 23, 2024
      Manufacturers and retailers are seeking to fly their products as attacks on Red Sea vessels raise shipping costs and prolong delivery delays. Sammy Dallal / The National
      Retailers seek air cargo services amid Red Sea disruptions

      A temporary diversion from sea could cause a spike in air freight rates, analysts say

      AviationJanuary 23, 2024
      Ngozi Okonjo-Iweala, Director General of the World Trade Organisation, speaks at a panel discussion in Davos. AP
      WTO chief: Geopolitical turmoil may limit recovery in 2024

      Forecast puts growth at about 3.3% this year, up from 0.8% in 2023

      EconomyJanuary 19, 2024
      Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade, speaks at the World Economic Forum in Davos, Switzerland. Bloomberg.
      Digital technology can transform global trade, says UAE minister

      Dr Thani Al Zeyoudi confirmed plans for a tech trade incubator to support new projects and start-ups

      EconomyJanuary 19, 2024
      Shahid Ashraf Tarar, Pakistan’s Federal Minister of Communication, Railways and Maritime Affairs, left, and Sultan bin Sulayem, chairman of Dubai's Ports, Customs and Free Zone Corporation, sign agreements at Davos, Switzerland. Photo: DP World
      Dubai and Pakistan to develop freight corridor and economic zone

      DP World will undertake infrastructure improvements at Qasim International Container Terminal

      EconomyJanuary 18, 2024
      Tourists at the Gold Souk in Deira. Dubai has been recording a surge in tourism numbers. Pawan Singh / The National
      Dubai's overnight international visitors up by 20%

      The highest number of guests during the period were from western Europe, at 2.9 million

      Travel and TourismJanuary 17, 2024
      Apple's iPhone accounted for a fifth of the global market with close to 235 million shipments last year, research firm IDC said. EPA
      Apple overtakes Samsung to become world's top smartphone maker

      This is the first time the South Korean company has lost the top spot since 2010

      TechnologyJanuary 17, 2024
      Emirates will host open days and assessments in more than 460 cities across six continents this year. Photo: Emirates
      Emirates to hire 5,000 cabin crew as new Airbus deliveries start in summer

      New recruits will boost existing cabin crew numbers by 25%, airline says

      AviationJanuary 16, 2024
      DP World's report said 'geoeconomic fragmentation', focused on significantly increased trade barriers on high-tech goods, would hit GDP. Photo: DP World
      Fragmented trade likely to have short-term impact on global economy

      Disruptions to trade in high-tech goods may cause a 0.9 per cent drop in global GDP, as US-China tensions simmer, executives predict in survey

      EconomyJanuary 16, 2024
      More Articles

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