Transport Archives - International Finance

After hitting record global output, Toyota to now sell 8% Denso stake

IFM CorrespondentDecember 4, 2023

by IFM CorrespondentDecember 4, 2023

Toyota sold over 8.46 million vehicles during the first 10 months of 2023, including its luxury Lexus brand...

Paris transport ‘will not be ready’ for Olympics: Mayor Anne Hidalgo

IFM CorrespondentNovember 27, 2023November 26, 2023

by IFM CorrespondentNovember 27, 2023November 26, 2023

With the event just a year away, the transport infrastructure in Paris is already under immense pressure, with complaints of overcrowding and poor frequency...

Abu Dhabi crowned ‘world’s best cruise destination’ in 2023

IFM CorrespondentNovember 23, 2023

by IFM CorrespondentNovember 23, 2023

According to the Abu Dhabi Media office, in the first quarter of 2023, the number of passengers exceeded the total number of visitors in 2022 by more than 37%...

WeRide receives UAE license for autonomous vehicles, to hit streets soon

IFM CorrespondentOctober 9, 2023October 12, 2023

by IFM CorrespondentOctober 9, 2023October 12, 2023

WeRide will test several autonomous driving vehicles on UAE roads with the use of this license...

Want to make a career in transportation? Here are the best-paying jobs

IFM CorrespondentOctober 3, 2023

by IFM CorrespondentOctober 3, 2023

Being a pilot offers a profession full of unique rewards, making it one of the highest-paying positions in the transportation sector...

United Kingdom Minister Grant Shapps sounds ‘Fiscal Warning’ on key high-speed train project

IFM CorrespondentOctober 3, 2023October 3, 2023

by IFM CorrespondentOctober 3, 2023October 3, 2023

United Kingdom Minister Grant Shapps stated that a choice would be made in due time...

Saudi Aramco’s Lumi sets price range for IPO, eyes USD 290 million target

IFM CorrespondentSeptember 26, 2023

by IFM CorrespondentSeptember 26, 2023

According to a statement released by Lumi, the price range was established between 62 and 66 riyals per share, which would give the firm a worth of up to 3.63 billion riyals...

Kenya plans to implement wealth tax and excise charge on petrol cars

IFM CorrespondentSeptember 25, 2023September 25, 2023

by IFM CorrespondentSeptember 25, 2023September 25, 2023

The Treasury has stated that the government will investigate whether or not it is possible to implement a wealth tax in the form of a tax on the circulation of motor vehicles...