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 International Association of Dry Cargo Shipowners (Intercargo) warned that attacks on merchant vessels have increased in recent months and called upon governments and parties to armed conflicts to take concrete steps to halt such attacks and ensure the safety of their crews.
World merchandise trade growth exceeded expectations in the first quarter of 2026 as surging trade in electronic components related to artificial intelligence (AI) offset the negative impact of the conflict in the Middle East, which began in the final month of the quarter.
DMCC, a leading international business district in Dubai, has announced a new memorandum of understanding (MoU) between the Dubai Diamond Exchange (DDE) and the London Diamond Bourse (LDB) to strengthen cooperation between the two bourses.
Shipping between Iran’s Dayyer port and Qatar’s Al Ruwais port has resumed following coordination between the Iranian embassy in Doha and Qatari authorities, a Reuters report said quoting Iran’s commercial attaché in Doha.
Bilateral trade between India and Russia has reached a record high of nearly $70 billion, driven primarily by Russian oil and fertilizers exports as well Indian pharma products, thus reflecting the growing scope of economic ties between the two countries, a senior Indian government official said.
Saudia Cargo and Riyadh Cargo, the freight division of the kingdom’s new national carrier Riyadh Air, a wholly-owned Public Investment Fund (PIF) company, have announced the signing of an interline agreement that will strengthen cargo connectivity and expand global network reach.
Saudia Cargo has announced that it has expanded its global network with the official launch of a new scheduled route linking Riyadh and Melbourne city, strengthening trade and logistics ties between the Kingdom of Saudi Arabia and Australia through a direct air cargo connection.
The UAE and Canada have announced that the duo has concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA) in a move aimed at boosting trade and investment in key sectors including aerospace, clean energy, aviation and critical minerals.
Dubai Chambers discussed ways to advance bilateral relations between Dubai and China during a recent meeting with the Shanghai Federation of Industry and Commerce.
