TOKYO : Japan’s economy unexpectedly slipped into recession after shrinking for a second quarter due to anemic domestic demand, prompting some central bank watchers to push back bets on when the nation’s negative interest
ABU DHABI : AD Ports Group has announced its financial results for the fiscal year ending on December 31, 2023. The company reported a net profit of AED1.36 billion (approximately $370.28 million), representing a
LONDON : XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, has introduced 30 additional longer semi-trailer fleet (LST) vehicles in the UK and Ireland while reducing CO2e emissions by almost
DUBAI : The partnership between India and the UAE in the logistics sector has received a substantial boost following the implementation of the Comprehensive Economic Partnership Agreement (CEPA) on May 1, 2022. This groundbreaking
SARAN : Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal will inaugurate the Kalughat Inland Water Transport (IWT) Terminal and community jetties on the River Ganga in Bihar’s Saran district on February 15.
DUBAI : The foundation stone of Bharat Mart, which will combine retail, warehousing and logistics facilities at Jebel Ali Free Trade Zone in Dubai, was laid during a virtual ceremony by Prime Minister Shri
NEW DELHI : A beacon of hope emerged from New Delhi as the Ministry of Ports, Shipping, and Waterways (MoPSW) spearheaded a groundbreaking workshop to address the pressing challenges in financing and insurance within
ABU DHABI : AD Ports announced the signing of strategic Memorandums of Understanding (MoUs) with Gujarat Maritime Board and RITES Limited, a certified multi-disciplinary transport and infrastructure firm. The MoUs encompass a wide array
LONDON : In a diplomatic chess game where negotiations on the UK-India Free Trade Agreement have hit some stumbling blocks, London’s Lord Mayor, Michael Mainelli, talks about the game-changing initiative that could tilt the
MUMBAI : Allcargo Logistics is hopeful of a trade revival in the second half of 2024 after a sharp drop in net profit and revenue from operations in the December quarter. Allcargo Logistics Ltd