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PayTabs set to cross $53.3bn in payment processing by 2025PayTabs Group, Mena’s award-winning payments powerhouse, has revealed it is set to cross SR200 billion ($53.3 billion) in payment processing volumes by 2025. This exponential growth is attributed to More… |
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Oman Air Cargo volume jumps 42pc in H1; revenue hits $58mOman Air Cargo has posted a 42% increase in cargo volumes in the first half (H1) primarily driven by capacity expansion as total cargo revenue surpassed OMR22.3 million ($58 million), reflecting the operational resilience. & More… |
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Oman Air Cargo volume jumps 42pc in H1; revenue hits $58mOman Air Cargo has posted a 42% increase in cargo volumes in the first half (H1) primarily driven by capacity expansion as total cargo revenue surpassed OMR22.3 million ($58 million), reflecting the operational resilience. & More… |
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Steep fall in ocean freight rates, demand downLong-term ocean freight rates suffered a steep month-on-month decline in November as subdued spot prices, weak demand, and ongoing economic uncertainty caught up with contracted container agreements. The More… |
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Xeneta forecasts fall in freight rates, volumes and demandAfter over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to Oslo-based Xeneta. An in-d More… |
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War in Ukraine and Omicron weigh on air cargo: IATAMiddle Eastern carriers experienced a 9.7% year-on-year decrease in cargo volumes in March as the effects of Omicron in Asia and the Russia-Ukraine war contributed to the decline of global air cargo markets. More… |
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War in Ukraine and Omicron weigh on air cargo: IATAMiddle Eastern carriers experienced a 9.7% year-on-year decrease in cargo volumes in March as the effects of Omicron in Asia and the Russia-Ukraine war contributed to the decline of global air cargo markets. More… |
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Global trade to rebound to 10.8% in 2021: WTOWorld merchandise trade volume is expected to grow 10.8% in 2021, revised up from 8.0% forecasted in March, while trade growth should slow to 4.7% in 2022, up from 4.0% previously, said the World Trade Organisation (WTO) in a new report. More… |
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Global trade to rebound to 10.8% in 2021: WTOWorld merchandise trade volume is expected to grow 10.8% in 2021, revised up from 8.0% forecasted in March, while trade growth should slow to 4.7% in 2022, up from 4.0% previously, said the World Trade Organisation (WTO) in a new report. More… |
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DP World reports 10% surge in volumes during Q1Global trade enabler DP World handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2% year-on-year on a reported ba More… |
