Abu Dhabi / WAM AD Ports group’s Safeen Feeders will collaborate with shipping leader CMA CGM group, a global player in sea, land, air and logistics solutions, in launching a new Southeast Asia service linking Singapore, Colombo and Chennai. The company’s ‘Safeen Pioneer,’ which has a container capacity of 2,034 TEUs, will join CMA CGM group’s ‘Songa Tiger’ on ...

  Sharjah / WAM The emirate of Sharjah completed real estate transactions totalling AED 2 billion during August, according to the monthly report published by Sharjah Real Estate Registration Department (SRERD). The total number of transactions executed by the (SRERD) during the past month amounted to 2,409, with 747 sales transactions representing 31% of total transactions. Mortgage transactions amounted to ...

  GENEVA / WAM The International Air Transport Association (IATA) announced passenger data for July showing that the recovery in air travel continues to be strong. Total traffic in July (measured in revenue passenger kilometers or RPKs) was up 58.8 percent compared to July 2021. Globally, traffic is now at 74.6 percent of pre-crisis levels. Domestic traffic for July 2022 ...