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GCC Secretary-General Jasem Albudaiwi emphasized the need for deeper regional convergence across energy, trade, and digital transport corridors connecting the Gulf to Asian markets. Speaking at a symposium with the UNDP, he highlighted that member states produce roughly 16.6 million barrels of crude oil daily, representing 22.2 percent of global output. He underscored that long-term stability requires cross-border infrastructure, digital logistics, and institutional connectivity beyond oil exports.
GCC Secretary-General Jasem Albudaiwi urged deeper integration across energy, trade, and digital transport corridors linking the Gulf to Asian markets. Speaking at a GCC-UNDP symposium, he highlighted that member states produce roughly 16.6 million barrels of crude oil daily, or 22.2 percent of global output. He underscored the need for integrated infrastructure and digital logistics alongside traditional energy exports.
Beijing-headquartered China Securities has established a regional office in the Dubai International Financial Centre. The firm received an operating licence from the DIFC Authority and authorisation from the Dubai Financial Services Authority. It will cover equity and debt capital markets, investment banking, asset management, and institutional services.
All Iranian commercial flights to Türkiye are expected to halt in early October due to expanding U.S. sanctions targeting Iranian civil aviation. The expected stoppage follows flight permit revocations by the UAE, Oman, Iraq, Azerbaijan, and Georgia.
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