trade

Damac Properties chairman says he is ‘sympathetic’ to Trump’s trade war with China
Sajwani said free trade was a necessity, not a luxury and that he understand why President Trump feels that China is a difficult trade partner on the world stage.
FedEx Express increases frequency on Memphis-Dubai air cargo route
FedEx ups capacity on Memphis-Dubai service via air cargo hub in Europe.
DP World chairman issues trade warning due to US-China spat
Sulayem said that he believes financial institutions are becoming increasingly cautious and taking measures such as tightening lending in reaction to trade tensions, which is likely to negatively impact growth in emerging markets.
Dubai Customs holds Blockchain technology workshop
The workshop, attended by 68 male and female employees from different departments in Dubai Customs, is part of Dubai Customs efforts to capitalise on blockchain technology and support the Dubai Blockchain Strategy.
APM Terminals Bahrain installs three new Weighbridges at Khalifa Bin Salman Port
The new weighbridges are expected to ensure uninterrupted truck flows with streamlined operations.
COMMENT: Brexit and the impact on ports
A lot of the positive talk has been about such box ports being ready for Brexit and other roll-on roll-off (ro-ro) ferry ports operated by the same owners being ready to take a bit of Dover’s traffic in case Dover is not.
Gulftainer to invest $600m in Port of Wilmington, boost US-UAE trade
Gulftainer and Delaware will cooperate in the development of international trade and logistics, exchange information, and build mutually beneficial commercial, technological and cultural synergies as part of the agreement.
Are Middle East container ports risking over-capacity?
A new report by the Boston Consulting Group (BCG) examines the risks facing Middle East ports, which account for 3% of global GDP, but handle 20% of all seaborne trade.
Palestine Trade Centre pushes UAE exports with ‘Made in Palestine’ initiative
The initiative benefits importers in the UAE by offering them a variety of products under a reliable brand.
UAE runs first intermodal transport under TIR
First ever intermodal TIR operation between the Gulf Cooperation Council (GCC) and the EU is launched, with a container leaving the UAE bound for Europe under a single customs transit document and a single guarantee.
Dubai’s non-oil foreign trade grew by AED 5-billion in H1 of 2018 thanks to freezones
The emirate’s free zones foreign trade scored an increase of 20 per cent, AED 43-billion in the first half of 2018 to AED 257-billion.
GCC fertilizer exports achieve record volumes amid rising global trade tensions
According to the GPCA, fertilizer exports from the Arabian Gulf reached 20.4 million tons in 2017, growing by 5.3% year on year, and at a 6% CAGR between 2007 and 2017.

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