Singapore overtook the UAE as India’s second-largest export destination in April 2026 as traders rerouted shipments amid disruptions in the Strait of Hormuz and broader West Asia shipping instability.
Gold imports from Dubai may increase after import duty hike: GTRI
India had allowed imports of gold from Dubai at tariffs one percentage point below the normal Most-Favoured-Nation (MFN) rate through a Tariff Rate Quota (TRQ) system …
ApexQuant Announces Launch of Trading Technology Company Focused on Institutional-Style Trading Software for Private Market Participants
ApexQuant today announced the launch of its trading technology company, introducing a new financial technology initiative centered on trading software infrastructure designed for private traders and …
UAE asserts OPEC exit was sovereign strategic decision, not political move
The UAE is leaving OPEC and OPEC+ effective May 1, calling it a sovereign strategic decision. The exit removes OPEC’s third-largest producer and about 15% of its capacity.
UAE reports drone strike near Abu Dhabi nuclear power plant
The country is investigating the source of the strike, which it says came from its western border.
Drone causes fire at UAE’s Barakah nuclear plant following failed interception, Abu Dhabi implies
No injuries were reported, radiological safety levels were unaffected, and the Federal Authority for Nuclear Regulation confirmed the plant’s essential systems are operating normally.
Nuclear power plant set on fire in drone attack—UAE
A drone strike sparked a fire at UAE nuclear plant as fears grow over Iran tensions and risks to Gulf infrastructure.
Sharjah Customs launches integrated logistics corridor with Oman
SHARJAH, 17th May, 2026 (WAM) — The Sharjah Ports, Customs and Free Zones Authority has launched an integrated logistics corridor, developed in coordination with Oman Customs, as part of an advanced …
Abu Dhabi says drone strike caused fire at Barakah Nuclear Power Plant
No injuries were reported, radiological safety levels were unaffected, and the Federal Authority for Nuclear Regulation confirmed the plant’s essential systems are operating normally.
UAE reports drone strike at nuclear power plant as Iran war deadlock endures
By Tala Ramadan DUBAI, May 17 (Reuters) – A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials in Abu Dhabi said on Sunday, at a time when progress appears to …
Why Abu Dhabi’s Barakah nuclear power plant, latest target of drone strike, is crucial to UAE
The United Arab Emirates has recently accused Iran of carrying out attacks targeting the country’s energy and economic infrastructure.
Sharjah Customs launches integrated logistics corridor with Oman, dispatches first shipments to Sohar Port
Sharjah: The Sharjah Ports, Customs and Free Zones Authority has launched an integrated logistics corridor, developed in coordination with Oman Customs, as part of an advanced log …
Sharjah and Oman open new corridor to improve trade flow
The new corridor covers several of Oman’s ports, including Sohar port in the north, close to the UAE’s borders, Duqm Port, further south, and Salalah Port …
Sharjah, Oman launch logistics corridor to boost trade flows
The corridor connects Sharjah’s ports with several Omani ports through land border crossings, including Sohar, Duqm and Salalah …
Drone strike causes fire at UAE’s Barakah Nuclear Power Plant in Abu Dhabi
No injuries were reported and radiological safety levels remained unaffected.
Drone strike ignites fire outside Barakah Nuclear Power Plant in Abu Dhabi
A drone strike caused a fire outside the Barakah Nuclear Power Plant in Abu Dhabi with no injuries reported, raising fresh concerns about Gulf security risks.
Drone strike causes fire outside Barakah nuclear power plant in Abu Dhabi’s Al Dhafra
No reports of injuries yet, but tensions remain high and threaten to tip the Middle East …