The 126th meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council (GCC) has reviewed the progress achieved in the GCC Customs Union, and the adoption of the periodic report on monitoring the progress of the Gulf Common Market.
Saudi Arabia has retained its position as the world's leading exporter of dates by value for the fourth consecutive year, with 2025 exports reaching SR1.938 billion ($520 million).
Global airfreight tonnage and pricing diverged, as chargeable weight fell 4% from the prior week, sinking in all but one sector, whereas pricing rose across the board except from North America. Tonnages shrank week on week out of Asia Pacific and Middle East to US, said a report.
Oman’s Public Establishment for Industrial Estates (Madayn), has announced that its key affiliated unit - Raysut Industrial City - attracted nine new projects in the first half of 2026. The projects span key sectors including iron manufacturing, mining, food and services.
AD Ports Group has taken over the operational control of Brazil’s top agri-bulk port terminal operator CLI in a deal worth AED3.1 billion ($835 million), following the completion of the financial closing for its acquisition, through funds managed by Macquarie Asset Management and IG4 Capital.
EDGE, a leading advanced technology group, has completed development of the MK 82 Penetrator aircraft munition, a hardened target weapon designed and manufactured in the UAE by LAHAB, EDGE’s medium- to large-calibre ammunition manufacturer.
Embraer delivered 66 aircraft in the third quarter of 2026, marking the best third quarter delivery performance in the company's history.
RAK Ceramics, one of the world's largest manufacturers of ceramic and porcelain tiles, sanitaryware, faucets, and tableware, is taking a significant step forward in its innovation journey by integrating Artificial Intelligence across key areas of the group, including manufacturing, product development, marketing, operations, HR, logistics, sales and customer services.
Recent regional supply disruptions have put the UAE’s food security strategy to the test, underscoring the importance of resilience across the food ecosystem, industry leaders said during the Future Food Forum 2026, held in Dubai recently.
DP World on Friday (October 2) announced the opening of a new contract logistics distribution centre in Bang Na expanding its logistics capacity in Thailand and strengthening its ability to support customers across key manufacturing and consumer sectors.
