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Industry News

Explore the industries creating new opportunities for cooperation across both markets.

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Middle East Travel Alerts
Source: gulfbusiness.com

Initial Saudi Probe Finds Co-Pilot Assaulted Captain on Diverted flydubai Flight FZ1073

A preliminary investigation conducted by Saudi authorities alongside UAE security personnel found that the co-pilot of flydubai Flight FZ1073 assaulted the captain, injuring both individuals. The aircraft diverted to Prince Sultan bin Abdulaziz International Airport in Tabuk, Saudi Arabia, landing safely with 174 passengers and eight crew members. Following medical treatment in Tabuk, both pilots were cleared and transferred to Abu Dhabi.

Industry News
Source: Gulf News

Gulf Producers Restore Crude Exports as Iranian Shipments Stagnate, Kpler Data Shows

Tanker-tracking data from Kpler indicates that fresh Iranian crude loadings ground to a halt in September amid blockade pressures. In contrast, oil shipments from the UAE, Saudi Arabia, and other regional producers rebounded sharply, supported by alternative pipelines, ship-to-ship transfers, and naval escorts. Regional crude exports averaged 16.5 million barrels per day in September before surging to 19.5 million barrels per day in the final week.

China–UAE News
Source: Arabian Business

Chinese FDI in UAE Surges to $2.6 Billion as Business Expansion Accelerates

China's outbound direct investment into the UAE reached $2.6 billion, more than tripling compared to the previous reporting year and lifting cumulative investment stock to $12.47 billion. Meanwhile, bilateral non-oil trade crossed $100 billion alongside major expansions by Chinese firms in autonomous driving, financial services, logistics, and energy.

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