DP World starts $1.2 billion port construction in Senegal’s Ndayane
DP World launches construction on Senegal’s $1.2 billion Port of Ndayane, designed to accommodate the largest container ships and transform the country into a major...
Tag : Global Trade
EU moves closer to forced labor product ban in major regulation push
The EU is finalizing a regulation to ban forced labor products, enforcing compliance across its 27 nations, a move to uphold ethical practices and human...
UAE diamond trade set to hit $40 billion by year-end 2024
UAE’s diamond sector is projected to exceed $40 billion this year, boosting the nation’s rank as the third-largest global diamond market, per Ministry of Economy’s...
Global air cargo demand rises 9.4% in September 2024 says IATA
IATA reports global air cargo demand grew 9.4% in September 2024, continuing a robust trend of 14 consecutive months of growth, driven by high international...
WTO anticipates 2.7% rise in global merchandise trade for 2024
WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions....
Korea’s economy strengthens on robust exports and stable inflation
Korea’s economy is showing signs of recovery, driven by strong exports and stabilizing inflation, with manufacturing and domestic demand improving over the past five months....
PM Modi lays foundation stone for India’s largest deep-water port
India has unveiled its largest deep-water port, Vadhvan, in Maharashtra today, marking a major boost in the nation’s maritime capabilities and global trade profile....
Canada imposes heavy tariffs on Chinese EVs as trade tensions rise
Canada sets significant tariffs on Chinese EVs to protect jobs and counteract unfair trade practices, aligning with global economic strategies....
Successful UAE-India partnership stands as a model of bilateral cooperation
New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII)...