Gulftainer's shipping arm GT Lines has upgraded its Khorfakkan China Express (KCX1) service effective November 2, 2026. Operated with Chinese partners ZHONG GU, SEA LEGEND, and NINGBO OCEAN, the five-vessel service runs on a 10-day sailing frequency to streamline trade between China and the UAE.
AirAsia has appointed a board of directors for its Bahrain operations as it advances plans to establish the kingdom as a hub connecting Asia with the Middle East, Europe, and Australia. The carrier is targeting the launch of passenger flights to Bahrain by March 2027, subject to regional conditions. The initiative is supported by a Bahrain Golden Licence and includes planned aircraft maintenance capabilities alongside cargo operations.
State-owned QatarEnergy has finalized a $3 billion syndicated loan facility backed by four major Chinese commercial and policy banks. The financing will fund upgrades, repairs, and logistics at Ras Laffan to maintain LNG exports amid maritime risks. According to Al Majalla, Chinese commercial lending to Gulf borrowers reached $11.5 billion in 2025.
Bahrain-based alternative asset manager Investcorp signed a memorandum of understanding with Singapore Gulf Bank to explore banking and investment collaboration. The framework covers banking, settlement, and payment mechanisms to support capital deployment across Investcorp's strategies. It also aims to establish distribution channels for clients in the Gulf and Asia.
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