TRADE-

Oman rolls out a new digital platform to boost exports: Oman’s Industry Ministry has launched Oman Exports, a new initiative that aims to increase the country’s non-oil export volumes, offer several services to Omani exporters, and boost Omani firms’ connectivity to global markets, ONA reports. The initiative will deploy an advanced electronic platform to support export companies with license issuances and live, interactive data on shipping routes and trade markets.

Oman’s non-oil trade amounted to 37.6% of the total trade value at OMR 5.6 bn by the end of 3Q 2024. The country’s main exports are metals, plastics, rubber, marine products, food goods, textiles, industrial goods, and minerals. Oman exports to over 130 countries, most notably to the GCC, India, the US, and South Korea, ONA reports.

SHIPPING + MARITIME-

TGA boosts its maritime safety initiatives: KSA’s Transport General Authority (TGA) has set up a new maritime accident investigation bureau platform that aims to provide a comprehensive suite of accessible services for marine accident investigations, according to a statement. The digital portal is equipped with a variety of features for users, including swift electronic notifications of accidents, news updates, weather and navigational warnings, and information about the marine environment.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • Flydubai launching Antalya route: UAE budget airline Flydubai is launching a new daily service from Dubai International airport to Turkey's Antalya International Airport on 5 June 2025. (Statement)
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