UAE non-oil trade up 5.6 per cent in first nine months of 2016

Trade with the Gulf states decreased during the period

DP World CEO not worried by Trump’s protectionism

Sultan bin Sulayem described the current antiglobalist movement as a phase

Dubai’s DP World says Europe, India, Turkey to lead growth in 2017

The operator said market conditions were “challenging”, particularly at its flagship Jebel Ali Port in Dubai

UAE’s non-oil foreign trade touches Dhs1.17 trillion between Jan-Sept

Direct non-oil foreign trade accounted for 69 per cent of the country’s total international trade

UAE slides to third in emerging markets index

The country was the top performer for business conditions but was overtaken by India overall

UAE proposes anti-dumping law to help diversification drive

The move is hoped to protect industry in the country from foreign goods flooding the market

Alibaba eyes GCC to expand business

The Chinese e-commerce giant aims to grow its business-to-business presence in the region

UK foreign minister: Brexit to enable free trade deals with Gulf

Johnson said Britain’s decision to leave the European Union would open fresh opportunities

British PM May eyes trade ties at GCC Summit

May will “scope out the possibilities for ambitious new free trade arrangements”, according to a government statement

Dubai-India trade hits Dhs48bn in H1 2016

Trade with India accounted for 7 per cent of Dubai’s total non-oil foreign trade in H1

Dubai’s Aramex Q3 net profit down 3%, Australia Post CEO becomes board member

CEO Hussein Hachem said the company was cautious in its outlook “due to global economic uncertainties”

UAE tops MENA market for Italian products

Total trade between the two countries touched a record $7.9bn in 2015

Brexit: UK may be able to trade faster with the GCC

But little likelihood of free trade agreements between the GCC and the UK after referendum

GCC needs to create stronger union to boost foreign investment

A single GCC market could increase the region’s economy by $36bn

UAE-Australia trade not hit by low oil prices

Australia is tapping into healthcare and education to boost trade links

Saudi, China sign deal to build nuclear reactor as Xi Jinping visits Riyadh

The two countries signed 14 agreements and memoranda of understanding

Mindshare MENA CEO Samir Ayoub quits after 17 years

Chief client officer Ravi Rao will replace him next month

US approves $495m deal to sell Black Hawk helicopters to Saudi Arabia

The deal is expected to help improve Saudi’s defense capabilities

Iran boosts oil trade via UAE ahead of sanctions relief

The trading sources said Iranian fuel oil shipments are still being presented with documents declaring it of Iraqi origin at the ship refuelling hub of Fujairah

UAE-Taiwan trade hit by oil price drop, yuan devaluation

Taiwan’s exports to the UAE have been stagnant over the last year due to a weak yuan and oil price fall, a senior official said

Saudi Arabia seeks 715,000 tonnes of hard wheat in tender

The tender deadline is Friday, October 9 with shipment sought between December and February

Abu Dhabi Ports sees 41% growth between Jan-July 2015

More than 772,000 TEUs containers were handled in the first seven months of 2015

DIFC Courts wins consultancy deal for Kazakhstan financial centre

Kazakhstan’s president said DIFC was the model for the planned Astana International Financial Centre

Dubai’s DP World says in talks with Iran to launch port operations

The company said the plans are contingent on demand from customers and there is no dollar value yet on the company’s possible investment in Iran

Dubai’s DP World H1 profit jumps 22%, acquisition helps

DP World’s revenue for the six months to June 30 was $1.90bn, up from $1.66bn a year earlier

UAE is ‘logistical centre of the world’ – Rolls-Royce chairman

Ian Davis credited Emirates and Etihad Airways with helping the country become a global hub

DP World begins $1.6bn Dubai port upgrade; says H1 container volumes up

The Dubai-based company handled 30.6 million twenty-foot equivalent units in the first half of the year

Egypt says New Suez Canal to open Aug 6, eyes economic boost

The army began work 10 months ago on the $8 billion canal in order to expand trade along the fastest shipping route between Europe and Asia.

Dubai’s DP World To Start Benchmark USD Bond Meetings Thursday

Sources told Reuters last month that the firm could raise between $750 million and $1 billion from the senior unsecured Reg S/Rule 144A issue.

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Saudi Arabia Bans Poultry Meat From Canadian Province Ontario

The ban was imposed due to the presence of avian influenza on three Ontario farms.