The Webb Fontaine Summit, themed “Innovate The Future,” took place on May 12 and 13 in Dubai, attracting 40 delegations from ministerial, port, and customs sectors across more than 20 countries. The event served as a collaborative platform aimed at exchanging knowledge and co-constructing digital solutions, particularly highlighting the significance of intelligent data management in...
H.E. Saif Mohammed Al Midfa, the CEO of Expo Centre Sharjah and a member of the World Trade Centers Association (WTCA)’s Conferences and Exhibitions Advisory Council, emphasized the Centre’s commitment to enhancing collaboration with various World Trade Centers. He stated that strategic partnerships are essential for bolstering Sharjah’s status as a premier destination for exhibitions...
The United Arab Emirates (UAE) and Egypt are expected to reap significant benefits from the recent reordering of the global trade framework led by the United States, according to Ebru Pakcan, the CEO of Citigroup Mena. This insight indicates a favorable outlook for these two countries compared to others in the Mena region. Credit: Reuters...
Qatar Airways Cargo, IAG Cargo, and MAB Kargo Sdn Bhd (MASkargo) have announced plans to establish a Global Cargo Joint Business. This collaboration, contingent on regulatory approval, aims to enhance service levels for customers and partners in the global air freight market. The partnership seeks to leverage the strengths and infrastructure of these three leading...
Indian Prime Minister Narendra Modi is scheduled to commence a two-day visit to Saudi Arabia on Tuesday. He will travel to Jeddah, where he will engage in meetings with Saudi Crown Prince Mohammed bin Salman, conduct bilateral talks, and visit Indian factory workers. This trip is significant as Modi aims to strengthen relations with Saudi...
DMCC, the leading international business district in Dubai, has reached a significant milestone by securing Shariah certification for its DMCC Tradeflow platform. This achievement is expected to enhance Dubai’s position as a global hub for Islamic finance. Credit: ZAWYA The certification was granted by the Shariah Board of the Dubai Islamic Economy Development Centre. This...
The United Arab Emirates’ state-owned aluminum producer, Emirates Global Aluminium (EGA), expects that price volatility for aluminum will persist throughout this year due to ongoing global trade tensions. The impact of U.S. tariffs on metal imports is significant, as President Donald Trump has imposed extensive tariffs, and the UAE stands as the second-largest supplier of...
The 30th edition of Gulfood, recognized as the world’s largest annual food and beverage trade show, is anticipated to be its most expansive yet. This year, the event is set to feature participation from 5,500 exhibitors representing 129 countries, including first-time participants from Kosovo, Zambia, Mauritius, and Madagascar. Taking place at the Dubai World Trade...
A new report by the Dubai Multi Commodities Centre (DMCC) predicts that global demand for critical minerals such as lithium, cobalt, and nickel could surge by as much as 75 times the levels seen in 2020. This increase is anticipated to be driven by the urgent need for clean energy solutions, advancements in artificial intelligence,...
During a recent panel discussion at the World Economic Forum (WEF) annual meeting in Davos, Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, underscored the UAE’s pivotal role in transforming global trade. The discussion centered on the theme “Hacking Trade and Investment,” where Al Zeyoudi elaborated on how the UAE...