August 18, 2026
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Tag : supply chains

Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

omandailynews.com
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued in April. It......
News

India and Japan expand AI and economic security ties

omandailynews.com
NEW DELHI, INDIA / MENA Newswire / – India and Japan broadened their Special Strategic and Global Partnership at the 16th India-Japan Annual Summit in New Delhi, adding cooperation in artificial intelligence, economic security, energy resilience, defence and mobility. Prime Minister Narendra Modi hosted Japanese Prime Minister Takaichi Sanae during......
Business

China and EU trade chiefs set for Brussels talks

omandailynews.com
BRUSSELS, BELGIUM / MENA Newswire / – Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner Maroš Šefčovič, the European Commission said. The meeting places China EU trade relations back at the center of the bloc’s economic agenda. It follows recent......
News

UAE and Egypt presidents discuss ties at G7 summit

omandailynews.com
ÉVIAN-LES-BAINS, FRANCE / EuroWire / – UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit in Évian-les-Bains, France. The talks focused on UAE-Egypt relations, regional stability and international cooperation. The meeting took place during the 52nd G7 Summit, held from......
Health

WHO says Congo Ebola response improves as challenges remain

omandailynews.com
WHO says Congo Ebola response is advancing as testing improves, but contact tracing, insecurity and supply strains slow control efforts....
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......