The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.
Speaking on the sidelines of the “ICAO Global Implementation Support Symposium 2025” and the “Global Sustainable Aviation Marketplace” in Abu Dhabi, Abdulla bin Touq Al Marri stated the aviation sector contributes approximately $4.1 trillion to the global economy, directly benefiting individuals, families, and communities by providing job opportunities and promoting economic development.
He also pointed out aviation's essential role in boosting the tourism sector, with 58 per cent of international tourists relying on air travel. The sector’s efficiency also enables businesses to connect with global markets, facilitates tourists' access to destinations, and strengthens companies' ability to reach clients and suppliers worldwide.
Al Marri pointed out that aviation helps bridge the gap between remote and underserved areas and urban centres, improving access to essential services like healthcare and education. It plays a vital role in humanitarian efforts, such as disaster response and medical evacuations, helping overcome geographical challenges.
US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104 per cent duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations.
South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of US President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.
A global trade war touched off by US President Donald Trump's sweeping tariffs escalated further on Monday, as Trump threatened to increase duties on China and the European Union proposed counter-tariffs of its own.
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has held talks with his counterparts from Azerbaijan and Cyprus in Abu Dhabi.
More than 1,600 energy suppliers from around the world have gathered for a three-day showcase of the latest innovations and technologies at Middle East Energy 2025, running until April 9 at the Dubai World Trade Centre.
The speed limit on Sheikh Khalifa bin Zayed International Road (E11) has been changed from 160 km/h to 140 km/h while the limit on the Abu-Dhabi-Sweihan Road (E20) has been reduced from 120 km/h to 100 km/h, the Abu Dhabi Mobility has announced.
The International Charity Organisation has reported the completion of its 2025 Ramadan campaign, with the total value of its charitable projects amounting to AED 165 million across 23 nations.