The conflict in the region has prompted the UAE to fast-track a series of alternative trade and logistics projects that were already under development, as the country moves to safeguard supply chains and reinforce its position as a global trade hub, according to Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade.
The gross domestic product (GDP) of the GCC states reached approximately $2.4 trillion in 2025, positioning the council's economies among the world's influential economic powers, according to data issued by the Gulf Statistical Centre (GCC-Stat).
The value Bahrain’s non-oil imports decreased by 17% and non-oil of exports (national origin) decreased by 10% in the first quarter of 2026, according to the Foreign Trade report released by the Information & eGovernment Authority (iGA).
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has concluded the Ethiopia leg of its trade mission to Ghana and Ethiopia, organising 510 bilateral business meetings in Addis Ababa between companies from Dubai and their Ethiopian counterparts.
The Saudi Ports Authority (Mawani) has added CMA CGM's Ocean Rise Express (OCR) shipping service to Jeddah Islamic Port, aiming to strengthen maritime connectivity between Saudi Arabia and global markets.
Sharjah Ports, Customs and Free Zones Authority, in cooperation with the Sharjah Roads and Transport Authority, has exempted cargo trucks arriving from Oman and operating within the approved logistics corridor routes from toll gate fee across the Emirate of Sharjah.
EDECS, a leading EPC contractor in the region, has secured a key contract for the construction of a dry port and veterinary quarantine facility at the Economic Zone in Al Dhahirah (EZAD) – IP3, Ibri Provence in Oman. The scope of work includes enabling works, earthwork as well as infrastructure and final fit-out works.
EMSTEEL Group, one of the region’s largest publicly traded steel and building materials manufacturers, today announced the official launch of its ES600 high-strength steel rebar, the highest-strength steel grade currently produced in the UAE.
AD Ports Group, a leading global enabler of trade, logistics and industry, has established a consolidated, multimodal inland logistics network of rail-linked dry ports and cargo depots, including KEZAD Group’s Industry City of Abu Dhabi (ICAD).
Elsewedy Electric, a leading integrated provider of energy and infrastructure solutions across Europe, the Middle East, and Africa, has acquired a 60% majority stake in Netherlands-based Thomassen Service, a specialised provider of gas turbine maintenance and repair solutions.
