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Industry News
Source: Gulf Business

UAE Stops Oil Leak from GEM NO. 2 Tanker Amid Coastal Clean-Up

UAE authorities have brought an oil leak from the tanker GEM NO. 2 under control, confirming no new leakage has been detected at the source. Marine, aerial, and satellite surveillance continue alongside mechanical and dispersant clean-up operations along affected coastal areas in northern emirates. Officials confirmed that marine pollution density has significantly decreased and public drinking water remains safe.

Industry News
Source: Sharjah24

China’s Factory Activity Slips Into Contraction in October With 49.3 PMI

China's official manufacturing PMI fell to 49.3 in October, dropping below the 50-point mark separating expansion from contraction. The non-manufacturing index also slid to 49.7 as consumer goods demand softened and international oil prices pushed up raw material costs. Economists noted that domestic demand will require stronger policy support if global demand softens in 2027.

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