UAE: Maritime sector sails on
There is no question that the UAE's maritime industry has had a challenging time on the back of the pandemic, which has brought on global trade and output disruptions and volatility in freight rates. This week, we look at how the sector is navigating choppy waters, including:
- Dubai’s resilience as a global shipping hub.
- The new maritime foreign ownership law and its implications on Sino-MENA maritime and shipping links.
- The country’s advancements in smart shipping technologies and what it means for growth.
Florence Eid-Oakden, Ph.D, Chief Economist