Browsing: supply chains

BEIJING: China’s factory activity contracted for a second straight month in February, with the official manufacturing purchasing managers’ index (PMI) slipping to 49.0 from 49.3 in January, according to National Bureau of Statistics data released on March 4. A reading

NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said

WASHINGTON: UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met U.S. Vice President J.D. Vance in Washington during an official working visit, as the UAE Foreign Ministry said the two sides discussed strengthening the long-standing

BEIRUT: The United Nations Economic and Social Commission for Western Asia said the Arab region’s economy is projected to expand 3.7% in 2026, accelerating from an estimated 2.9% in 2025, as parts of the region extend a gradual recovery while

MUSCAT: The United Arab Emirates was Oman’s leading trading partner in 2025 for non-oil exports, re-exports and merchandise imports, according to the latest monthly statistical bulletin issued by Oman’s National Centre for Statistics and Information. Non-oil exports from Oman to

MENA Newswire, OTTAWA: Canada and South Korea signed a new memorandum of understanding on industrial collaboration that places the automotive sector, electric vehicles and batteries at the center of a broadened bilateral agenda, with both governments saying the deal is

MENA Newswire, NEW DELHI: European companies in India are accelerating expansion plans following the conclusion of the India European Union Free Trade Agreement, with a new business survey showing broad expectations of higher investment, larger local footprints and increased hiring

MENA Newswire, ABU DHABI: The UAE-India Business Council has launched a 2026 programme aimed at strengthening institutional and commercial cooperation between the United Arab Emirates and India, building on expanding ties under the Comprehensive Economic Partnership Agreement. The council said

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with

MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain for artificial intelligence hardware and advanced digital components. Government data showed ICT