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Trump tariffs will change the rules of game for global trade, says expertReciprocal tariffs announced by US President Donald Trump on ‘Liberation Day’ could prevent shippers from making important decisions on supply chains, but are not likely to cause an immediate spike in freight rates, said a leading More… |
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Saudi Mawani boost trade links with new Jeddah-Port Sudan routeThe Saudi Ports Authority (Mawani) has annnounced that it has added Jeddah-Port Sudan Express (JPS) service by CULines at Jeddah Islamic Port, utilizing vessels with a capacity of 450 TEU. This strategic move a More… |
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Gulf Mercantile Exchange marks first trade on ACEGulf Mercantile Exchange (GME), a leading international energy futures and commodities exchange in the Middle East, has announced the first trade on its Alternative Crude Ecosystem (ACE), thus setting a new era for Middle East crude trading. . More… |
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Gulf Mercantile Exchange marks first trade on ACEGulf Mercantile Exchange (GME), a leading international energy futures and commodities exchange in the Middle East, has announced the first trade on its Alternative Crude Ecosystem (ACE), thus setting a new era for Middle East crude trading. . More… |
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Asia trade set to stay resilient, reveals DHL reportAsia's trade outlook remains positive, mirroring global trade, which is forecast to grow faster over the next five years compared to the preceding decade, according to a new report. In fact, a few countries More… |
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Global trade witnesses record expansion to $33 trillion in 2024Global trade hit a record $33 trillion in 2024, expanding 3.7% ($1.2 trillion), according to the latest Global Trade Update by UN Trade and Development (UNCTAD), which warns that while trade remains strong, uncertainty looms in 2025. More… |
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UAE, Central African Republic Cepa to boost trade beyond $1bnThe Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Central African Republic will create further growth and prosperity opportunities for business communities in both countries, boosting bilateral trade beyond AED3.6 More… |
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UAE, Central African Republic Cepa to boost trade beyond $1bnThe Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Central African Republic will create further growth and prosperity opportunities for business communities in both countries, boosting bilateral trade beyond AED3.6 More… |
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UAE non-oil trade hits AED3 trillion in 2024The UAE's non-oil foreign trade has continued its upward trajectory, reaching AED3 trillion ($816.77 billion) in 2024, with a record annual increase of 14.6% compared to 2023. In statements to the Emirates More… |
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UAE non-oil trade hits AED3 trillion in 2024The UAE's non-oil foreign trade has continued its upward trajectory, reaching AED3 trillion ($816.77 billion) in 2024, with a record annual increase of 14.6% compared to 2023. In statements to the Emirates More… |
