Transport

Jun 05, 2026

CargoX has raised $250 million in a funding round led by BlueFive Capital to accelerate the expansion of its UAE autonomous freight network. The company plans to launch commercial driverless delivery operations in Abu Dhabi and Dubai while strengthening its technology, infrastructure, and international growth strategy.

Jun 05, 2026

AD Ports Group has announced its largest acquisition to date with the purchase of Brazilian port operator CLI for $835 million. The landmark deal marks the company's entry into Latin America and strengthens its position in the global agrifood logistics sector.

Jun 04, 2026

McLaren has unveiled the exclusive McLaren Artura 1000GP to commemorate the team's 1,000th Formula 1 Grand Prix start. Limited to just 10 units worldwide, the special edition model pays tribute to McLaren’s racing heritage and will debut alongside the anniversary MCL40 Formula 1 car during the Monaco Grand Prix weekend.

Jun 01, 2026

Toyota has announced a major production restructuring plan that will reduce overseas vehicle output by approximately 83,000 units by November 2026. The decision comes as weakening demand in the Middle East and ongoing supply chain challenges continue to impact the global automotive industry.

Jun 01, 2026

Saudi Arabia has launched its first drone medicine delivery service during the Hajj season after issuing an operational permit to Terra Drone Arabia. The initiative aims to improve medical logistics, response times and healthcare services for pilgrims in Makkah as part of Vision 2030 goals.

May 30, 2026

Bahrain has introduced new traffic regulations for electric scooters, electric bicycles and off-road vehicles. The new rules include speed limits, age restrictions, parental supervision requirements and penalties that may include fines, imprisonment and vehicle impoundment.