Browsing: trade

AD Ports and Hong Kong operator and port investor Hutchison Ports will work together to expand operations across the GCC, Asia and Africa.

Kenya and the UAE have begun discussions around the creation of an agreement to bolster trade and investment.

Imperial, a transportation, logistics and supply firm owned by DP World, Dubai’s multinational logistics company, has increased its stake in Botswana’s PST Sales & Distribution (PST) from 38% to 72%.

Bilateral trade between South Africa and Qatar reached USD 177.4 million in the first half of 2022, according to South Africa’s ambassador to Qatar, Ghulam Hoosein Asmal.

GCC trade with Egypt continues to increase, with Egypt exporting USD 4.5 billion to the GCC.

DP World aims to strengthen its position as the leading market access and logistics provider in Africa with its stake in the Nigerian firm.

Dubai has ranked fifth among leading global ports in the ISCD Index thanks to investment in infrastructure and business diversification.

EU wheat is being purchased by African and Middle Eastern states as exports from Ukraine continue to be disrupted by war amid food security concerns.

Global trade is up by approximately 15% in Q1 2022, reaching a value of USD 7.7 trillion, according to a report by the UN, but will soon slow.

The UAE ranked as the second most important international commodity hub, while South Africa and Nigeria ranked ninth and tenth respectively.