Dubai's Hatta Customs Crossing recorded a 175% increase in the value of trade handled during the first half as shifting regional trade routes boosted overland traffic through the emirate. Trade value through the crossing tripled to AED37.1 billion ($10.1 billion) in the six months to June.
Ras Al Khaimah has wrapped up a four-day investment roadshow in China, pitching the northern emirate as a gateway to the Middle East, Africa and Europe (EMEA) region and seeking to attract Chinese companies across key sectors including manufacturing, logistics and technology.
APM Terminals, an independent subsidiary of A.P. Moller–Maersk, has acquired a 37.5% stake in the South Container Terminal at Jeddah Islamic Port, Saudi Ports Authority (Mawani) has announced.
EDGE, one of the world’s leading advanced technology and defence groups, has entered a landmark partnership with du, the leading telecom and digital service provider, to embed KATIM Gateway network encryptors into national telecom infrastructure.
