Houthi threat to the Red Sea forces Saudi Arabia to reroute oil shipments Houthis threaten to block Saudi access to the Red Sea and Bab al-Mandab, forcing reroutes through Suez …
exports
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Strait of Hormuz blockade sends crude prices higher, strains global supplies Strait of Hormuz blockade by the US lifts oil prices, slashes Iran’s exports and raises supply concerns as strategic …
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Strait of Hormuz blockade reinstated by U.S. pushes oil prices and regional energy risk U.S. reinstates Strait of Hormuz blockade; oil spikes as Iran’s exports plunge. Global reserves at decades …
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Business
Milano by Danube Opens Fourth Deira Showroom to Boost Dubai Exports
by James Bryantby James BryantMilano from Danube opens new Deira showroom to serve exporters, wholesalers and retailers Milano from Danube has opened a new Deira showroom aimed at exporters, wholesalers and retailers, strengthening Dubai’s …
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EU-US trade hits record highs in goods and services, but auto sector shows sharp losses German Economic Institute reports record €875bn goods and €865bn services trade between EU and US …
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Business
UAE Confirms Record Oil Exports After OPEC Exit Boosting Global Energy Security
by James Bryantby James BryantUAE oil exports reach record levels after OPEC exit, says ambassador UAE oil exports have climbed to record levels following the country’s exit from OPEC, the UAE ambassador to the …
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Business
Dubai Halal Trade Centre signs MoU with KITA to expand Korean exports
by James Bryantby James BryantDafz and KITA sign MoU to accelerate entry of Korean companies in the UAE halal market Dubai free zone and Korea International Trade Association agree mentorship, certification and business-matching programmes …
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US announces plan to spend unfrozen Iranian assets on US agricultural purchases US unveils escrow plan to use unfrozen Iranian assets for US agricultural exports as talks continue to seek …
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Business
AIREV appoints Dr Thani Al Zeyoudi as board chair to boost UAE AI exports
by James Bryantby James BryantAIREV Names UAE Trade Minister Dr. Thani Al Zeyoudi as Chairman to Accelerate OnDemand AI Exports AIREV appoints UAE Trade Minister Dr. Thani Al Zeyoudi as chairman to steer OnDemand …
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Ras Laffan explosion kills 13 and injures 66 at Qatar gas facility, minister says Ras Laffan explosion leaves at least 13 dead and 66 injured at the Barzan gas facility …