Sharjah Ports, Customs and Free Zones Authority has announced the launch of Al Dhaid Logistics Complex, a key project aimed at boosting the country's supply chain efficiency. The first phase, which spans over 16 million sq ft, is designed to accommodate up to 1.5 million TEUs per annum.
The Abu Dhabi Chamber of Commerce and Industry and the Shanghai Foreign Investment Development Board (Invest Shanghai) have signed a strategic memorandum of understanding (MoU) during the chamber's participation in the Abu Dhabi Investment Forum (ADIF) in Shanghai.
Global trade in ocean-related services rose to $1.44 trillion in 2025, representing 58% of the $2.5 trillion ocean economy and surpassing goods as the dominant segment of ocean trade, according to new data from the United Nations Conference on Trade and Development (UNCTAD).
Global air cargo demand rose 4% year-on-year in April, supported by robust Asia-linked trade flows, despite severe disruption at major Gulf hubs from conflict in the Middle East that reshaped trade routes and constrain capacity on key corridors, said a report.
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).
AD Ports Group has announced the commencement of cruise services at its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, in addition to facilitating ferry services connecting Safaga and NEOM ports to support transport of Hajj workers between Egypt and Saudi Arabia.
Dubai Customs has announced notable successes achieved by its ‘Green Corridor’ initiative since its activation last March in co-operation with Oman Customs. It has helped ensure uninterrupted trade flows, bolstering supply chain resilience and supporting business continuity, while also safeguarding local food security.
The UAE-India partnership creates a huge opportunity for investors and business community of both the countries as bilateral trade will double from $100 billion to $200 billion in just seven years, said experts at a key summit in Dubai. The Indian economy is set to exceed $30 trillion by 2047 – when the country turns 100.
AD Ports Group, a leading global enabler of integrated trade, industry, and logistics solutions, today reported strong revenue and net profit performance in the first quarter of 2026, demonstrating the resilience of its diversified and integrated trade ecosystem.
The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.
