The Bahrain Association of Banks (BAB) has announced that Singapore Gulf Bank (SGB) has signed up as a member, reinforcing collaboration across the kingdom’s financial sector and further strengthening its position as a growing financial hub connecting Asia and the Gulf.
The Organization of the Petroleum Exporting Countries (OPEC) expects global oil demand to continue expanding this year and the next, supported by resilient economic growth, rising mobility and increased industrial activity across major emerging economies.
Euroairlines, the Spanish company specialised in air distribution, is reinforcing its presence in Asia through a new interline agreement with Greater Bay Airlines, at Hong Kong-based carrier.
TotalEnergies and Masdar will form a $2.2 billion 50/50 joint venture merging onshore renewables across nine Asian countries, combining assets to reach 3 GW operational capacity and 6 GW in development by 2030.
Kuwait has raised the official selling price for Kuwait Export Crude to Asia in May to $17 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed.
Asia's biggest liquefied petroleum gas (LPG) importers, including India and China, are racing to replace disrupted Middle East supplies with cargoes from the Americas, driving spot premiums to record highs, analysts and traders said.
The Saudi Ports Authority (Mawani) has announced the addition of two new shipping services - Maersk’s new AE19 and Hapag-Lloyd’s SE4 - to the Jeddah port. This service, utilising vessels capable of carrying upto 17,000 TEUs, links the major Saudi port to primary Asian hubs such as China, Korea and Malaysia.
Aramco, the world's top oil exporter, has cut crude supply to Asian buyers for a second month in April, two sources with knowledge of the matter said, after the US-Israeli war with Iran disrupted trade via the Strait of Hormuz.
The Sharjah Airport Authority (SAA) showcased expansion plans in air cargo, integrated logistics solutions as well as its sustainability strategy at this year's Air Cargo India. The Sharjah Airport has recorded strong cargo growth over the past five years with a throughput of over 204,000 tonnes in 2025.
Arabian Travel Market (ATM) 2026, which takes place at the Dubai World Trade Centre on 4-7 May, is projecting a significant increase in exhibitors from Asia-Pacific countries, underpinned by a strong 13.95% compound annual growth rate (CAGR) in participation from Asian exhibitors over the 2024–2026 period.
