Tag : supply chains

Business

Shenzhen Port tops 8.52 million TEUs in first quarter

omandailynews.com
SHENZHEN: Shenzhen Port handled 8.5227 million foreign-trade containers measured in TEUs in the first quarter of 2026, official customs data showed, as one of China’s biggest maritime gateways posted steady year-on-year growth at the start of the year. The quarter’s throughput was up 7.81% from a year earlier, lifting the southern port......
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......
Business

India and Canada reset ties with trade and uranium deal

omandailynews.com
NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said the two countries agreed to rebuild momentum across trade, energy, technology......
News

UAE and U.S. review strategic ties in trade, AI and energy

omandailynews.com
WASHINGTON: UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met U.S. Vice President J.D. Vance in Washington during an official working visit, as the UAE Foreign Ministry said the two sides discussed strengthening the long-standing strategic relationship between the United Arab Emirates and the United States. 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......