Close Menu
    What's Hot

    Cambodia's former opposition leader receives royal pardon for 27-year sentenceKem Sokha was serving a 27-year sentence on treason charges, which were widely derided as politically motivated.15 mins agoAsia

    May 25, 2026

    UAE fast-tracks Gulf trade corridors amid Iran conflict

    May 25, 2026

    Record 50m freestyle time at controversial Enhanced GamesGreek swimmer Kristian Gkolomeev beats a world record in the pool at the controversial Enhanced Games in Las Vegas.4 hrs agoSport

    May 25, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • Economy
    Facebook X (Twitter) Instagram
    Gulf News Week
    Subscribe
    Monday, May 25
    • Home
    • Politics
      • Europe
      • Middle East
      • Russia
      • Social
      • Ukraine Conflict
      • US Politics
      • World
    • Region
      • Middle East News
    • World
    • Economy
      • Banking
      • Business
      • Markets
    • Real Estate
    • Science & Tech
      • AI & Tech
      • Climate
      • Computing
      • Science
      • Space Science
      • Tech
    • Sports

      Dominant PSG put Liverpool on the brink with 2-0 Champions League quarter-final first-leg win

      April 9, 2026

      Dubai Basketball U-18 Elite Crowned Basket Cup Sarajevo 2026 Champions in Historic Debut

      April 6, 2026

      Saudi boxing crowns 20 champions as Kingdom’s Elite Belt concludes in Riyadh

      April 4, 2026

      “He Signed for a Real Fight”: Pacquiao Contradicts Mayweather Over Rematch Status

      April 3, 2026

      Arsenal Hold Off Chelsea Fightback to Reach Women’s Champions League Semi-Finals

      April 2, 2026
    • Health
    • Travel
    • Contact
    Gulf News Week
    Home»Editor's Choice»UAE fast-tracks Gulf trade corridors amid Iran conflict
    Editor's Choice

    UAE fast-tracks Gulf trade corridors amid Iran conflict

    Dr Issac PJBy Dr Issac PJMay 25, 2026Updated:May 25, 2026No Comments5 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    UAE fast-tracks Gulf trade corridors amid Iran conflict
    Share
    Facebook Twitter Pinterest Email Copy Link

    The UAE is accelerating its transformation into a global trade and logistics powerhouse as the Iran war redraws supply chains, disrupts traditional shipping routes and forces economies to rethink the architecture of international commerce.

    Speaking at the GLOBSEC Forum 2026 in Prague, Thani bin Ahmed Al Zeyoudi said the regional conflict has not derailed the country’s long-term economic strategy but instead hastened the diversification of trade corridors and reinforced the UAE’s position as one of the world’s most resilient commercial hubs.

    Participating in a high-level panel discussion titled “The Ripple Effect: How the Iran War is Shaping Global Economies and Politics,” Al Zeyoudi outlined a series of emergency and structural measures introduced by the UAE to ensure uninterrupted trade flows amid rising geopolitical instability in the Middle East.

    These measures include the activation of alternative shipping and logistics corridors through the UAE’s eastern ports of Fujairah and Khorfakkan, expansion of air freight bridges for critical pharmaceutical and food supplies, the launch of a Green Corridor with Oman, and a new Sharjah-Dammam trade bridge linking the UAE more efficiently with Saudi Arabia and wider Gulf markets.

    “The fundamental redesign of Gulf logistics that we were undertaking over a decade is now being compressed into years,” Al Zeyoudi said. “What this moment has done is accelerate the timelines of existing plans and underscore the wisdom of building an open, diversified and resilient trade architecture before it is needed.”

    The minister said the UAE had also introduced a Dh1 billion economic support fund to ensure business continuity and targeted relief for small and medium enterprises, alongside a Five-Pillar Financial Institution Resilience Package unveiled by the Central Bank to maintain liquidity and sustain credit flows across the economy.

    The latest initiatives come as the UAE consolidates its emergence as one of the world’s leading trade nations. According to the latest World Trade Organization data, the UAE climbed to become the world’s ninth-largest exporter of goods and the 13th-largest importer — a historic milestone reflecting the country’s rapid ascent in global commerce.

    Al Zeyoudi described the achievement as a strong endorsement of the UAE’s competitiveness and investor confidence despite mounting geopolitical risks.

    “Despite the current geopolitical challenges, we are determined to build on this success and strengthen our position on the global trade map,” he said.

    The WTO report showed that the UAE’s non-oil foreign trade exceeded Dh3.78 trillion ($1.03 trillion) in 2025 for the first time, underlining the success of the country’s diversification drive and its aggressive trade expansion strategy.

    The UAE’s contribution to global goods exports rose to 3.3 per cent, while its share of global goods imports reached 2.8 per cent. In services trade, the country accounted for 2 per cent of global exports and 1.4 per cent of global imports.

    The country’s fast-growing services economy also crossed the Dh1 trillion mark for the first time, with total services trade reaching Dh1.14 trillion in 2025. Analysts say this reflects the growing strength of sectors such as logistics, finance, aviation, tourism, technology and digital services.

    Particularly notable was the UAE’s rise in digital trade. The country ranked 25th globally in digital services exports, generating $33 billion (Dh121 billion), accounting for 17 per cent of the UAE’s total services exports.

    Economists say the UAE’s ability to maintain trade momentum during regional turmoil stems from years of investment in ports, aviation infrastructure, customs digitisation, free zones and trade agreements.

    The UAE’s Comprehensive Economic Partnership Agreement (Cepa) programme has emerged as a cornerstone of that strategy. Since signing its first Cepa with India in 2022, the UAE has expanded the initiative rapidly, reaching 36 agreements across six continents.

    These agreements are designed to reduce tariffs, simplify customs procedures, improve market access and strengthen investment flows, positioning the UAE as a gateway connecting Asia, Africa, Europe and the Middle East.

    “Nothing that we have achieved in the last five years has been undone or unwound,” Al Zeyoudi said. “The UAE is a bridge to high-growth markets across the Gulf, Africa and Asia, and a partner for trade, logistics, investment and technology. That role has not diminished. It has become more important.”

    Trade experts say the current conflict is accelerating a broader structural shift already under way in the Gulf, where countries are seeking to reduce dependence on vulnerable chokepoints such as the Strait of Hormuz while building multimodal trade ecosystems integrating ports, railways, highways and air cargo networks.

    The UAE’s eastern seaboard ports, particularly Fujairah, have gained strategic significance because they provide direct access to the Indian Ocean outside the Strait of Hormuz, allowing trade flows to continue even during periods of heightened maritime risk.

    At the same time, the country’s logistics and aviation sectors are benefiting from businesses rerouting cargo through safer and more efficient regional hubs.

    Despite the UAE’s strong performance, the WTO warned that the regional conflict could weigh heavily on global trade growth this year.

    The organisation expects global goods trade growth to slow to 1.9 per cent in 2026 from 4.6 per cent in 2025, while services trade growth is projected to ease to 4.8 per cent before recovering in 2027. The WTO cautioned that a prolonged rise in energy prices could further weaken global trade momentum.

    Analysts believe the UAE remains among the best-positioned economies in the region to navigate geopolitical volatility due to its diversified economic base, strong sovereign finances, advanced infrastructure and strategic geographic location connecting East and West.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Dr Issac PJ

    Related Posts

    Middle East

    The world urgently needs a US-Iran deal now

    May 25, 2026
    Featured

    Eid Al Adha 2026: Dubai Police gift clothes to kids of female inmates

    May 25, 2026
    Featured

    Pakistani rupee strengthens to nearly 20-month high against UAE dirham, dollar

    May 25, 2026
    Featured

    Dubai Police warn of rise in beggars, street butchers during Eid Al Adha

    May 25, 2026
    Featured

    First look: Etihad Rail unveils staff uniforms ahead of UAE passenger train launch

    May 25, 2026
    Featured

    Not satisfied? UAE ministry’s new AI system tracks caller emotions instantly

    May 25, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Cambodia's former opposition leader receives royal pardon for 27-year sentenceKem Sokha was serving a 27-year sentence on treason charges, which were widely derided as politically motivated.15 mins agoAsia

    May 25, 2026

    UAE fast-tracks Gulf trade corridors amid Iran conflict

    May 25, 2026

    Record 50m freestyle time at controversial Enhanced GamesGreek swimmer Kristian Gkolomeev beats a world record in the pool at the controversial Enhanced Games in Las Vegas.4 hrs agoSport

    May 25, 2026

    First Hong Kong astronaut launches into space onboard Chinese mission The 43-year-old police officer and mother of three serves as the team's payload scientist.4 hrs agoAsia

    May 25, 2026
    Latest Posts

    The world urgently needs a US-Iran deal now

    May 25, 2026

    Eid Al Adha 2026: Dubai Police gift clothes to kids of female inmates

    May 25, 2026

    Pakistani rupee strengthens to nearly 20-month high against UAE dirham, dollar

    May 25, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    Gulf News Week

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Cambodia's former opposition leader receives royal pardon for 27-year sentenceKem Sokha was serving a 27-year sentence on treason charges, which were widely derided as politically motivated.15 mins agoAsia

    May 25, 2026

    UAE fast-tracks Gulf trade corridors amid Iran conflict

    May 25, 2026

    Record 50m freestyle time at controversial Enhanced GamesGreek swimmer Kristian Gkolomeev beats a world record in the pool at the controversial Enhanced Games in Las Vegas.4 hrs agoSport

    May 25, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Gulf News Week. Designed by HAM Digital Media.
    • Home
    • Politics
    • Economy
    • Sports

    Type above and press Enter to search. Press Esc to cancel.