Tag : international trade

Business

UAE enters global top 10 exporters in WTO rankings

omandailynews.com
ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports rose to $707 billion, according to the latest World Trade Organization trade statistics. The WTO’s main merchandise table also showed the UAE ranked 13th in goods imports......
News

India’s 77th Republic Day highlights growing EU economic ties

omandailynews.com
India marked its 77th Republic Day on Monday with senior European Union leaders attending the national celebrations in New Delhi, underscoring the country’s expanding global economic and diplomatic engagement. President Droupadi Murmu and Prime Minister Narendra Modi hosted European Commission President Ursula von der Leyen and European Council President António Costa at the......
Business

Data show Trump trade war failed to cut US China trade gap

omandailynews.com
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with China largely intact. The tariff program began in 2018 under a federal trade......
Technology

AI boom lifts South Korea ICT exports above 260 billion dollars in 2025

omandailynews.com
MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain for artificial intelligence hardware and advanced digital components. Government data showed ICT shipments reached approximately $264 billion for the year, marking one of the strongest......