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Freight Line Services announced the expansion of its door-to-door air freight services linking the UAE, China, the UK, and Afghanistan. The expanded logistics service manages end-to-end transport, customs clearance, and origin-to-destination delivery.
Foreign direct investment inflows into the UAE rose 48.7% in 2024 to $45.6 billion, up from $30.7 billion in 2023, according to Analytics Insight. Economic expansion is increasingly propelled by non-oil sectors including artificial intelligence, digital infrastructure, and financial technology. The country is expanding international market access through Comprehensive Economic Partnership Agreements in line with its 2031 vision.
Abu Dhabi has raised its 2030 solar target to 14GW as IRENA projects doubling annual global renewable additions to 1.2TW is feasible. Meanwhile, Canada has ended anti-dumping duties on Chinese solar modules, whereas US import module prices surged over 40% following Section 232 tariffs.
Saudi Arabia posted a merchandise trade surplus of SR14.36 billion ($3.83 billion) in July, down 25 percent year-on-year, according to preliminary official statistics. Both exports and imports declined amid logistics route adjustments, while China, the UAE, and Egypt ranked among the kingdom's top trading partners.
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