UAE Falls, Qatar Deemed at Risk In Global Peace Index

Global ranking of peacefulness also places Bahrain significantly behind its GCC peers at 111 globally.

Aramex Acquires Australia’s Mail Call Couriers

Aramex CEO Hussein Hachem says he will be looking to bring Mail Call’s ‘WantItNow’ e-commerce delivery service to other markets.

New Indian PM Narendra Modi Will Boost Trade Links With The GCC

Narendra Modi’s BJP party won the 2014 Indian elections with a landslide majority.

Saudi Arabia May Curb Trade Ties With Netherlands Over Anti-Islam Slogans

Stickers printed by far-right politician Geert Wilders display anti-Islam slogans.

Gulf Customs Union Plan Needs Compromises To Start On Time – Kuwait

The full functioning of the Gulf Customs Union has been partly delayed by disagreements over a formula on how to divide customs revenues between the states.

Aramex Partners With InPost For Middle East Parcel Locker Network

The JV will see parcel lockers for the collection of e-commerce purchases setup across the region.

Exclusive: Wealthy Russians Seek Second Citizenship To Beat Western Sanctions

Second citizenship expert says he has seen a significant jump in interest from Russian millionaires in the last month.

Dubai’s DP World Q1 Consolidated Container Volume Up 9.1%

The company handled 6.76 million twenty-foot equivalent units in the quarter, compared with 6.19 million TEU in the corresponding period of 2013.

Aramex Records 14% Net Profit Increase In Q1

The company’s revenue for the quarter also rose 6 per cent year-on-year.

Australia Prioritises Gulf Free Trade Agreements

Minister wants to ‘turbo charge’ investment opportunities on back of abundant air links

Abu Dhabi Ports Expect Year-End Spike In Traffic As Projects Boom

Cargo traffic at Abu Dhabi’s Khalifa and Zayed ports combined is expected to top 12 million tonnes this year, up from 9.3 million tonnes in 2013.

Iran: The Largest And Most Enigmatic Frontier Market

Iran boasts a large, educated population and a wealth of business opportunities, writes Ali Borhani, founder of Incubeemea.com.

Five Minutes With… Alvaro Silva-Santisteban F, Director, Peru Trade Office – UAE

Peru hopes to double trade with the UAE this year, according to the head of the Trade, Tourism and Investment Office of Peru in the UAE.

Dubai Mulls New Islamic Export-Import Bank To Boost Trade

The Dubai Department of Economic Development is currently conducting a feasibility study along with Noor Investment Group.

Dubai 2013 Trade Growth Slows But Iran Business Stabilises

The non-oil foreign trade of Dubai rose to Dhs1.329 trillion ($362 billion) in 2013, data from Dubai Customs revealed.

DAFZA Records 42% Revenue Jump In 2013

The 1,600-company freezone now accounts for 8 per cent of Dubai’s trade

Victoria State Courts Middle East and India Links

Trade missions designed to foster opportunities across food & beverage, agriculture, education, urban design, marine and fashion

BAE Systems Agrees Pricing On Saudi Eurofighter Deal

The original contract had to be renegotiated after Saudi requested more advanced weaponry and equipment for the Typhoon fleet.

UAE Signs Agreement To Develop Intellectual Property Safeguards

The UAE has signed an agreement with the Korean Intellectual Property Office to ramp up its intellectual property protection mechanisms.

Dubai Business Licenses Up 12% In Q4 2013

Commercial licenses constituted the major share of total licenses issued in the last quarter of 2013, said Dubai’s Department of Economic Development.

Pentagon Notifies Congress Of Possible F-16 Upgrades For UAE

The multibillion dollar deal would include the sales of guns and navigational systems.

Dubai Exports Opens New Mumbai Office

The Dubai Exports office in India is expected to boost the visibility of goods and services from Dubai.

25m Euro Gulf Investment In Irish Companies Announced

The Gulf Trade Mission was led by the Irish prime minister Enda Kenny.

ME-Africa Trade Corridors To Grow In 2014 – Aramex CEO

Hussein Hachem, CEO of Aramex, says Africa-Middle East trade corridors have expanded alongside the growth of Africa’s economy.

Iran Deal Stirs Wary Optimism In Dubai

Dozens of ships that line Dubai’s docks make the 12-hour journey across the Strait of Hormuz a few times each month.

Regional Instability Threatens Gulf Food Security

Over 80 per cent of the Gulf’s wheat comes through the Suez Canal and 80 per cent of its rice supply through the Strait of Hormuz.

UAE’s Tristar Signs $200m Deal For New Oil Tankers

Logistics firm Tristar is aiming to rev up its oil tanker ship supply owing to a revival in demand in the Middle East market.

Canada Backs Dubai’s Expo 2020 Bid

Canada is the latest addition to Dubai’s growing list of supporters for its Expo bid.

Arab States Import Brazilian Coffee Worth $117.6m From Jan-Aug

The South American nation exported 46 tonnes of coffee to the Arab region during the first eight months of 2013.

Dubai Duty Free Rakes In Dhs4.65bn Sales

Terminal 3 sales alone grew by 17 per cent in the last three quarters, accounting for 63 per cent of total sales turnover.