Emirates Shipping Line (ESL) has named one of its vessels “ESL Khor Fakkan” in recognition of the strategic importance of the coastal city of Khor Fakkan and its port.
The UAE’s non-oil foreign trade for the first half recorded solid growth, surging to over AED1.9 trillion ($517 billion), said a report. The emirates had last year attracted $48.3 billion in foreign direct investments, thus putting it ninth globally among the largest FDI destinations.
EuroExpo Messe- und Kongress GmbH and Messe Stuttgart have extended their partnership for another five years, keeping LogiMAT, one of the world’s leading trade shows for intralogistics and process management, at Stuttgart, Germany until at least 2031.
The Gulf stock markets recorded trading in approximately 401.7 billion shares during 2025 recording a 19.5% jump over the previous year, with the value of shares traded surging to hit $618 billion, according to the latest data released by the GCC Statistical Centre.
Business France has announced the appointment of Jean-Philippe Arvert as Regional Director for the Near & Middle East and French Trade & Investment Commissioner to the UAE.
Islamic finance is evolving beyond its traditional role as a source of funding to become a strategic connector between liquidity-rich markets and fast-growing economies, says a new Standard Chartered report.
The United States is set to unleash what Treasury Secretary Scott Bessent has described as an “economic D-Day” against Iran, threatening to sever the country’s remaining financial and commercial lifelines.
The UAE has said that all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice in light of regional escalations that undermine regional and international peace and security.
Oil extended gains for a fourth day in Asia trade, with Brent and WTI near three-week highs. Brent crude edged up 26 cents to around $91.28 a barrel, while US WTI crude rose 37 cents to around $85.31.
DP World has reached a significant milestone in its $800 million investment programme to transform the Port of Tartous, completing the delivery of three Mobile Harbour Cranes (MHCs) that will strengthen Syria's trade infrastructure and support the country's economic recovery.
