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Logistics & Trade

Ports, shipping, aviation cargo, warehousing and trade

China–UAE News
Source: bastillepost.com

Dubai Chambers Head Anticipates Deeper Commercial and Technology Links with China

Dubai Chambers President and CEO Mohammad Ali Rashed Lootah expects commercial and investment links with China to expand further. Speaking ahead of the Dubai Business Forum in Shenzhen, Lootah emphasized growing appetite among Chinese technology and artificial intelligence firms to use Dubai as a gateway to regional and international markets. The initiatives align with the Dubai Economic Agenda (D33) to foster cross-border innovation and trade.

Industry News
Source: Gulf Business

Saudi Arabia Cuts November Oil Prices to Asia to Six-Year Lows

Saudi Aramco has unexpectedly reduced its official selling prices for crude oil delivered to Asia in November to six-year lows. The flagship Arab Light grade was priced at a 5-dollar-per-barrel discount to the Oman and Dubai benchmark average, marking a 3-dollar reduction from October. Asian refining sources indicated the price cuts appear intended to offset elevated freight costs and safeguard export market share.

Industry News
Source: reuters.com

High Logistics Costs Keep Brent Above $100 Despite Rising Strait Oil Flows

Middle East crude exports through the Strait of Hormuz climbed to 14.2 million barrels per day in late September, recovering to nearly 80% of pre-war levels, according to Kpler data cited by Reuters. Despite easing crude availability, Brent prices remain above $100 per barrel due to logistical bottlenecks, including record tanker rates and soaring insurance costs.

Industry News
Source: Gulf News

UAE Non-Oil PMI Holds at 20-Month High of 55.3 in September

The seasonally adjusted S&P Global UAE Purchasing Managers' Index remained at 55.3 in September 2026, matching August's 20-month high amid stronger domestic and export demand. Selling prices increased at their fastest pace since May 2011 as businesses passed along elevated raw material, freight, and shipping costs. Dubai's PMI rose to a 2026 high of 54.5, supported by the strongest foreign order expansion in two years.

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