As Tensions Rise in the Red Sea, UAE, and Saudi Businesses Seek Suppliers Beyond Europe – Emphasizing Cost Efficiency
Dubai: Amidst the escalating Red Sea tensions, businesses in the UAE are actively seeking alternative markets to counter the escalating costs associated with shipments from Europe and the prolonged transit times via the Cape of Good Hope. Following recent Red Sea incidents involving the US and the UK launching strikes against Houthi targets, shipping costs […]