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Emirates’ operating initiatives save 48,000 tonnes of fuel, cut emissions by 151,000 tonnes

DUBAI / WAM Emirates embarked on implementing “Green Operating Procedures” (Green Ops) in 2016, taking a multi-pronged approach that looks for opportunities to reduce on-ground and in-flight fuel use, in addition to providing pilots with the necessary education, awareness, data analytics and technology to help them manage their flights as efficiently as possible. In a report released today titled ‘How ...

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DP World completes $400-million Callao Port expansion project

LIMA / WAM DP World has completed a major $400 million expansion project at the Port of Callao in Peru, boosting container handling capacity at the South Terminal by 80 percent and solidifying Callao’s position as the key gateway for global trade on the west coast of South America. The Bicentennial Pier expansion project extends the pier from 650 meters ...

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CBUAE projects UAE’s real GDP growth to reach 6.2% in 2025

ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) expected the country’s strong foreign trade performance to continue in 2024 and 2025, sustaining its projected growth for the UAE’s real GDP in 2024 at 3.9 percent, with expectations for it to further accelerate to 6.2 percent in 2025. In its June 2024 Economic Quarterly Review, the apex bank said that ...

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