Investing in Kuwait: Vision 2035 and Strategic Development Opportunities
For entities investing in Kuwait, the GCC country presents a stable, strategically connected market with an array of opportunities in the non-oil, technology, healthcare, and private sectors, facilitated by the Vision 2035 approach.
Oman-India Free Trade Agreement Stalls Over Market Access Demands
The Oman-India FTA status is currently at a deadlock, with Oman seeking revisions to India’s market access offer.
Australia and the UAE Forge Stronger Bilateral Ties Through Landmark CEPA
The CEPA with UAE, signed on November 6, 2024, will be implemented after Australia’s domestic treaty-making process, ensuring comprehensive stakeholder engagement.
Asia-Middle East Investment Dynamic Poised to Reshape Global Capital Flows, Says HSBC
A recent report by HSBC highlights that Asia and the Middle East and Africa (MEA) are at the forefront of changing global capital flows.
UAE’s Digital Transformation: A Blueprint for Global Leadership
The Dubai government’s 2022-2024 strategy prioritizes growing Dubai’s digital economy and attracting international business and investment.
Dubai Approves Largest Budget Cycle to Drive Sustainable Growth and Innovation (2025-2027)
Dubai’s 2025-2027 budget, its largest ever at AED272 billion, focuses on sustainable growth, community welfare, and innovation, supporting major infrastructure, social, and digital transformation initiatives aligned with Dubai’s long-term development goals.
Lulu Retail’s IPO Fully Subscribed, Set to List on Abu Dhabi Exchange on Nov. 14
Lulu Retail’s IPO’s offering size is estimated to fall between 501 and 527 crore dirhams. The final offer price will be confirmed on November 6.
New Saudi Arabia-China SEZ to Boost Cross-Border Trade, Light Industries
Located within King Salman International Airport, the Saudi-China Special Economic Zone will feature a logistics and light industrial park to bolster local supply chains, an international trade hub for streamlined business services, and a residential zone with quality facilities for employees and families.
LuLu’s Landmark IPO Set to Reshape the GCC Retail Market
LuLu Group International is preparing for one of the UAE’s largest IPOs of 2024, offering a 25 percent stake to raise US$1.7–US$1.8 billion, valuing the company at US$6.5–US$7 billion.
Saudi Arabia and Italy Strengthen Business and Industrial Ties Amid High-Level Visit
Saudi Arabia and Italy are boosting economic ties after the Saudi Industry Minister’s visit to Italy, focusing on manufacturing, mining, and renewable energy collaboration to advance Saudi Arabia’s Vision 2030 diversification goals.