Middle East Briefing News

Setting Up in Sharjah, UAE: A Foreign Investment Guide

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The UAE emirate of Sharjah is not reliant on oil and gas reserves, and has well-developed manufacturing, construction, and service sectors. We highlight top sector opportunities and key locations for investors.

Iran Inks 10-Year Port Deal with India: Strengthening Trade Routes and Economic Partnerships

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After prolonged negotiations, Iran and India have successfully concluded a 10-year bilateral contract for the operation of Chabahar Port.

UAE and New Zealand Launched Free Trade Agreement Negotiations

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On May 6, 2024, New Zealand and the United Arab Emirates (UAE) launched negotiations on a free trade agreement (FTA).

China and Saudi Arabia Collaborate on Energy Transition

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China and Saudi Arabia are collaborating to accelerate the energy transition towards renewable sources, marking a strategic move towards sustainability and economic diversification.

Statevolt to Invest US$3.2bn and Build New Battery Cell Gigafactory in UAE

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Statevolt, a US-based company focused on sustainable industrialization and low carbon energy solutions, will build a new cutting-edge battery cell gigafactory in the UAE emirate of Ras Al Khaimah (RAK).

Dubai International Financial Center Announces Digital Assets Law

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The Dubai International Financial Center has unveiled the world’s first Digital Assets Law. We discuss implications for the financial system.

Business Prospects in the GCC-Asia Trade and Investment Corridor

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Trade between the GCC region and Emerging Asia reached around 35 percent between 2021 and 2022, supported by the rapid development, expanding energy needs, large populations, growing consumer power, and high-tech capabilities in key Asian markets.

UAE-India CEPA, in Effect Since 2022, Touted a Success Story

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The UAE-India CEPA trade agreement marked two years since its implementation from May 1, 2022. We discuss how bilateral ties have progressed.

Comparing Tax Environments: Dubai, Hong Kong, and Singapore

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While Dubai, Hong Kong, and Singapore all offer attractive tax regimes, determining which one aligns best with your business goals requires careful consideration of various factors.

Dubai Attracts 9 Technology Multinational Firms, Fueling its Digital Economy

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The Dubai Assets Law and the Business in Dubai platform are among key initiatives in the emirate that aim to attract high-quality technology investors, fintech firms, startups, and digital innovators.

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