Economy & Trade

Saudi Arabia’s HR Ministry Digital Initiative Reduces Need for Office Visits

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Saudi Arabia’s HR Ministry streamlines labor services via its Qiwa virtual branch, cutting labor office visits by 93 percent.

Trump’s Tariffs Effect on the MENA Region: Overview and Implications

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The new Trump’s tariffs disrupt MENA economies, impacting trade, investment, and industrial sectors like aluminum, petrochemicals, and textiles. Gulf nations must diversify markets and enhance resilience to navigate shifting global trade policies.

US Trump’s Tariffs on Türkiye: Risks and Opportunities

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US President Trump’s new tariffs on Türkiye—10% on imports and 25% on automotive products—pose significant challenges for key industries but may offer strategic opportunities, especially through lower rates compared to competitors like China and the EU.

Greece Extends Turkish Express Visa Scheme Until April 2026

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The European Commission has confirmed Greece’s plan to extend express visa scheme for Turkish visitors arriving to select Greek islands until April 2026. We discuss the reasons for the extension and the positive outlook for Greek-Turkish relations.

UAE’s New Dirham Symbol and Digital Currency: Q4 2025 Launch

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The UAE’s Digital Dirham, a blockchain-based central bank digital currency (CBDC), is set to launch by late 2025. Alongside this, a new symbol for the Dirham has been introduced, reinforcing the nation’s commitment to financial modernization and global competitiveness.

Egypt Approves Budget for FY2025-26 Amidst IMF Pressure

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Egypt’s FY2025-26 budget, totaling EGP 4.6 trillion (US$90.97 billion), focuses on fiscal discipline, social protection, and economic growth, aligning with IMF-backed reforms. Key measures include increased subsidies, higher public sector wages, and targeted investments in productivity and infrastructure.

Egypt-India Economic Ties Eyeing US$12 Billion Trade Target & Investment

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Egypt and India are strengthening trade and investment ties, aiming to increase bilateral trade from US$4.2 billion in 2024 to US$12 billion in five years, with key sectors including renewable energy, pharmaceuticals, and infrastructure.

UAE-US Economic Relations: Trade, Investment, and Strategic Cooperation

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The UAE is strengthening its trade and investment ties with the US through significant investments in energy, technology, and infrastructure.

2025年土耳其自由贸易区出口目标:关键行业、核心优势与投资潜力分析

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土耳其计划至2025年通过其自由贸易区实现125亿美元的出口目标,重点聚焦于汽车制造、可再生能源开发以及豪华游艇生产等关键行业。为达成这一目标,土耳其将依托税收激励政策、灵活的运营机制以及对核心产业的战略性投资。

Saudi Arabia Unveils SR1 Billion Green Financing Initiative to Accelerate Private Sector Sustainability Projects

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Saudi Arabia launched a green financing initiative worth SR1 billion, aiming to accelerate private sector investment in sustainable projects, aligning with Vision 2030.

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