The facility aims to improve Korean shipping companies’ export capabilities, thereby enhancing competitiveness among mid-sized maritime operators in the country’s shipping sector. Under the arrangement, K-SURE will help cover time… read more →
The Red Sea and Suez Canal corridor has seen sharply reduced vessel traffic since November 2023, when the Houthis began targeting merchant ships. The group has attacked more than 100… read more →
The deal had been long in the making, with the EU seeking a 10% baseline tariff rate – the same the UK settled on in a trade deal last month,… read more →
In what US President Donald Trump has described as “perhaps the largest Deal ever made”, this marks a deescalation from the previously agreed 25% rate – but higher than the… read more →
The acquisition, in which the American investment giant would purchase a controlling stake in 43 ports around the world, has been months in the making: it was first announced in… read more →
The draft convention, approved on Monday, 14 July, during UNCITRAL’s 58th session, addresses a legal gap that has hampered international commerce. Until now, only maritime transport has benefited from widely… read more →
The Dubai-based ports operator signed the build-operate-transfer agreement with Syria’s General Authority for Land and Sea Ports in Damascus, representing a significant vote of confidence in Syria’s economic prospects following… read more →
Your Monday morning coffee briefing from TFG: What do SMEs expect, and how can these expectations be met? Micro, small, and medium-sized enterprises (MSMEs) employ over 70% of the world’s… read more →
NPCI International Payments Limited, the overseas arm of India’s National Payments Corporation, has detailed its progress in expanding UPI acceptance throughout the UAE, marking a strategic deepening of financial ties… read more →
The Minneapolis-based bank is the first American lender to execute a transaction using WaveBL, a blockchain platform that enables encrypted document transfers between trading partners and their financial institutions. “Our… read more →
