Ports, shipping, aviation cargo, warehousing and trade
Chinese electric vehicle maker XPeng has named an exclusive distributor in Oman, marking its fourth GCC market. The company previously entered the UAE in late 2024 through Ali & Sons and maintains a Dubai spare-parts hub with JD Logistics.
Indian refiners anticipate tighter supplies of Russian crude in October and November 2026 as China steps up purchases and Russian export availability contracts. According to analytics firm Kpler, Russian crude arrivals in India are projected to decline to approximately 1.75 million barrels per day in September. As a result, Indian buyers are turning to alternative supplies, including UAE Murban crude, Iraqi Basrah, and Angolan barrels.
Iran stated it remains committed to diplomacy while prepared to confront aggression after US President Donald Trump rejected its ceasefire road map for the Strait of Hormuz. Tehran proposed a seven-day truce involving the reopening of the waterway on the sixth day in exchange for specific US steps, including unfreezing Iranian assets. Iranian military commanders maintained that naval forces retain decisive control over waters leading into the strategic strait.
Enterprise reported multiple key business milestones across the UAE, including China Securities opening a regional office in DIFC and JD.com subsidiary JINGDONG Property developing a 150,000-square-metre logistics hub at KEZAD. The briefing also covered an investment partnership between First Abu Dhabi Bank and Temasek-owned Seviora Holdings, as well as a $5 million Series A fundraise by UAE startup Amaani to expand its AÏZA brand into Saudi Arabia.
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