Industry, Logistics & Shipping

Industry, Logistics & Shipping

Qatari cargo vessel targeted by drone, limited fire brought under control

Sun, 10 May 2026

The Qatari Ministry of Defence has reported that a commercial cargo vessel in the country's territorial waters - northeast of Mesaieed Port- was targeted by a drone on Sunday morning.

Industry, Logistics & Shipping

GCC nominal GDP reaches $595.8bn in Q3 2025, up 2.2%

Sun, 10 May 2026

The GCC economies posted robust growth in the third quarter of 2025, driven by the non-oil sector as the region’s sustained push to diversify income sources gained further momentum.

Industry, Logistics & Shipping

Dubai Chamber of Commerce records 30,697 membership renewals in April

Sun, 10 May 2026

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recorded 30,697 membership renewals during April 2026.

Industry, Logistics & Shipping

OPAZ signs $250m EV, battery cell project deal in Duqm

Sun, 10 May 2026

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a usufruct agreement with Korean EV technology company EL B&T to establish an electric vehicle and battery cell production project in Duqm’s special economic zone, with investments estimated at $250 million.

Industry, Logistics & Shipping

RTC certification offers Archer’s Midnight eVTOL pathway to begin limited ops

Sun, 10 May 2026

The UAE General Civil Aviation Authority (GCAA) has transitioned Archer’s Midnight aircraft into a Restricted Type Certificate (RTC) programme, advancing the regulatory path for the aircraft's entry into service in the UAE.

Industry, Logistics & Shipping

Aramex delivers Q1 revenue growth after resilient March

Sun, 10 May 2026

Aramex, a leading global provider of comprehensive logistics and transportation solutions, reported group revenues of AED1.6 billion in Q1 2026, up 2% year-on-year (YoY) from AED1.56 billion ($424.78 billion) in Q1 2025.

Industry, Logistics & Shipping

UAE non-oil trade with Türkiye crosses $45 billion

Sun, 10 May 2026

The UAE's non-oil foreign trade with Türkiye surpassed $45.2 billion in 2025, marking a 15.5% year-on-year increase, it was revealed as a top level official delegation visited Türkiye to expand the relationship.

Industry, Logistics & Shipping

Invisible barriers reshaping global trade: UNCTAD

Sat, 09 May 2026

The May edition of the Global Trade Update shows that while tariffs rose sharply in 2025, they have not been the main obstacle to trade over the past decades. The biggest costs now come from non-tariff measures such as technical regulations, health and safety requirements.

Industry, Logistics & Shipping

EDGE seals strategic partnership with Turkish defence group Baykar

Sat, 09 May 2026

EDGE, one of the world’s leading advanced technology and defence groups, and Baykar, a Turkish leader in unmanned aerial vehicle (UAV) and artificial intelligence technology, have signed two key agreements that together mark a significant deepening of their strategic partnership

Industry, Logistics & Shipping

UAE plans $49bn industrial procurement drive, to localise 5,000 products

Fri, 08 May 2026

The UAE sealed hundreds of billions of dirhams in industrial deals, investments, and commitments this week at Make it in the Emirates 2026 — the fifth and largest edition of the country’s flagship industrial platform — closing a week that demonstrated the UAE is 'built to keep building'.