Russia and Oman trade hits 10-year high at $1.5 billion
– Bilateral trade between Russia and Oman reached $1.5 billion in the first seven months of 2026, its highest level in a decade, according to...
Tag : logistics
UAE global FDI stock reaches $402.7 billion in 2025
– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock...
Mansour bin Zayed Turkish Foreign Minister discuss strategic partnership
– The United Arab Emirates and Türkiye advanced talks to expand bilateral economic ties as Vice President Sheikh Mansour bin Zayed Al Nahyan hosted Turkish...
Formerra Receives 2026 Eaton Supplier Excellence Award
Recognition places Formerra among several dozen honorees from a supplier network of more than 30,000....
Extreme heat could cut EU economic growth in 2026
Extreme heat and drought across Europe could remove about 1% from European Union economic output in 2026, according to an assessment by Triodos Bank. The...
Sheikh Khaled begins Beijing visit to deepen UAE-China ties
BEIJING: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in Beijing to begin an official visit to China that runs...
Sheikh Mohamed and Lula review UAE Brazil cooperation
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Brazilian President Luiz Inacio Lula da Silva in Abu Dhabi on Tuesday, Feb. 24, to discuss...
Shopify cuts workforce by 20 percent, sells logistics arm to Flexport for equity stake
Shopify has announced plans to reduce its workforce by 20%, impacting over 2,000 employees, and has agreed to sell its logistics business to Flexport in...
In JV with SEG ENERA, AD Ports enters Uzbekistan logistics
The ADPORTS Group and SEG ENERA Group, one of the largest multisectoral holding companies in Uzbekistan, have formed ADL-Ulanish, which will provide end-to-end global logistics...