Growth of the Etihad Rail and UAE automotive market

The Etihad Rail will accelerate the growth of the UAE property market

It is expected that by 2030 the railway will transport:

• 60+ million tonnes of freight
• 36.5 million passengers

Connecting 11 major cities across the Emirates, Etihad Rail will be a catalyst for the growth of the real estate market.

UAE automotive market recorded a growth of 9.3% in H1 2022 compared to H1 2021

SUVs continue to dominate the UAE market, making up 50.5% of sales for H1 2022, according to distributor Al-Futtaim Automotive. The total number of units sold in June 2022 is grown up 8.1% compared to June 2021

Etihad Airways buys 7 Airbus A350 cargo planes

The airline's air cargo revenue grown up 6% to $802 million in H1 2022 compared to the same period in 2021. In July, Etihad Airways reported record profits.