Ports, shipping, aviation cargo, warehousing and trade
China has announced that the maximum permitted stay for APEC Business Travel Card holders will increase from 60 days to 90 days, effective November 1, 2026. The policy aims to improve business mobility and streamline travel for executives from participating economies.
Bilateral trade between Oman and China reached RO 9.6 billion in 2025, maintaining China as Oman's top trading partner. Omani officials are targeting Chinese capital in manufacturing, logistics, and renewable energy, while backing China-GCC free trade negotiations.
China's Sinopec warned that elevated crude prices and shipping costs will pressure refining margins in the fourth quarter despite strong third-quarter profits. The refiner cited ongoing transit risks in the Strait of Hormuz and elevated crude procurement premiums. Domestic refined fuel demand in China also contracted over the first nine months of the year.
Dubai-headquartered Mashreq Bank has injected $125 million into its Hong Kong operations to capture expanding trade and investment flows between China and the Middle East. The bank recorded an approximate 50 percent year-on-year increase in Hong Kong revenue and profitability as of August 2026. In addition, the institution executed an inaugural 1 billion yuan dim sum bond issuance to meet demand for renminbi-denominated financing.
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