Mega-project IMEC: This gigantic logistics network in Saudi Arabia is changing global trade Robot ports and high-tech trains: The gigantic master plan for Saudi Arabia’s logistics miracle Global shipping is mired in an unprecedented, ongoing crisis. Houthi attacks in the Red Sea, persistent tensions in the Strait of Hormuz, and blocked bottlenecks like the Suez…
Turkish Transport and Infrastructure Minister Abdulkadir Uraloglu has emphasised the critical need for enhanced transport connectivity and alternative trade routes as Türkiye and Belgium seek to expand economic cooperation. Speaking at a high-level economic panel in Istanbul attended by Belgium’s Queen Mathilde and a Belgian delegation, Uraloglu called for deeper collaboration and increased mutual investments…
Deputy Foreign Minister Sharren Haskel will travel to Athens on Tuesday for a diplomatic and economic visit aimed at strengthening Israel’s strategic partnership with Greece and Cyprus. The visit will focus on regional infrastructure, energy security, transportation links and defense cooperation, as Israel seeks to deepen its ties with Greece amid growing instability in the…
Türkiye and Belgium are set to explore new avenues of cooperation across key sectors, including defence and energy, during a high-level economic mission led by Belgium’s Queen Mathilde from May 10 to 14. The delegation is expected to hold extensive economic and trade talks covering areas such as energy, defence industries, logistics connectivity, and transportation….
WASHINGTON (AP) — Weeks before his trip to China, US President Donald Trump was already predicting on social media that his Chinese counterpart, Xi Jinping, would “give me a big, fat hug when I get there.” But Beijing’s deep economic ties to Iran, as well as trade tensions over tariff threats stretching back to Trump’s first…
Israel’s economy received a boost over the weekend when S&P Global Ratings maintained the country’s A credit rating despite nearly three years of war, regional instability and economic disruption. The quarterly update from one of the world’s “big three” credit rating agencies, S&P Global Ratings, also kept Israel’s outlook at stable, signaling that the agency…
Iran’s key focus: Tehran’s response to the U.S. plan centers on ending the war and ensuring maritime security in the Persian Gulf and Strait of Hormuz. Ceasefire under strain: Recent clashes and attacks on the UAE have challenged the fragile truce, raising doubts over its durability despite official claims it holds. Mediation efforts grow: Pakistan…
The Strait of Hormuz remains an indispensable artery for global oil trade. Every major development affecting the region instantly influences energy prices, shipping insurance costs and international market confidence. Energy-importing countries across Asia, Europe and other regions carefully monitor every diplomatic and military movement surrounding the Gulf. The decision to pause Project Freedom reportedly surprised…
The decision reflects growing concerns over supply disruptions linked to the Iran conflict and instability surrounding the strategically important Strait of Hormuz, through which a major portion of global oil shipments passes every day. According to China’s state economic planner, retail gasoline prices will rise by 320 yuan per metric ton while diesel prices will…
Abdel Raouf Arnaout 08 May 2026•Update: 08 May 2026 Warnings have intensified in Israel over a looming economic crisis threatening the country’s export and technology sectors as the shekel climbs to its strongest level against the US dollar in more than three decades, according to local media reports. The Times of Israel daily reported Friday…
