BYD's ultra-luxury brand Yangwang has announced that its new executive coach-door saloon, named Altior, will make its world debut in the United Arab Emirates ahead of China. The model, known domestically as Dingyao and measuring around 5.5 metres, targets the ultra-luxury chauffeur-driven segment. Order books will open in the UAE first, with deliveries scheduled to commence before the end of June.
Abdulla Bin Damithan, Chairman of the Ports, Customs and Free Zone Corporation, toured Dragon Mart alongside Trakhees licensing directors. The visit focused on evaluating commercial workflows and easing licensing procedures for Chinese trading businesses. Trakhees confirmed active initiatives to reduce administrative steps and simplify commercial permits for tenants expanding across Dubai and the Gulf.
China Merchants Energy Shipping and COSCO Shipping Energy reported sharp net profit increases for the first three quarters of 2026. The financial gains were driven by an extraordinary surge in crude freight rates on shipping routes connecting the Gulf and China. In September, rates on the Middle East export TD34 route rose from $200,000 to over $800,000 per day.
China's energy supply chain is showing resilience against geopolitical conflicts impacting Gulf maritime trade routes and global energy flows. Higher domestic natural gas production, expanded strategic storage, and supplier diversification have cushioned the market from supply shocks. While exposure to Persian Gulf transit routes remains high, strategic reserves have mitigated immediate disruption risks.
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