Other Briefings
Saudi Arabia Registers New Heights on the 2023 Global Retail Development Index
Saudi Arabia ranked the third position on the 2023 Global Retail Development Index. We discuss factors underpinning this impressive performance.
UAE Removed from the FATF Financial Crimes Watch List
The global financial crimes watchdog, the Financial Action Task Force (FATF), has removed the UAE from its list of countries at risk of illicit money movement, to the benefit of capital-hungry destinations like India.
UAE and Cambodia Forge New Economic Partnership
The UAE and Cambodia have cemented their economic ties with the finalization of the Comprehensive Economic Partnership Agreement (CEPA).
Qatar and Kazakhstan Sign US$25 Billion in Deals, Strengthen Relations
From February 13-14, 2024, President Kassym-Jomart Tokayev of Kazakhstan embarked on a state visit to Qatar, engaging in pivotal trade and investment discussions with Emir Sheikh Tamim bin Hamad Al Thani.
Indian Firms Explore Opportunities in Saudi Arabia’s Pharmaceutical Market
Indian pharmaceutical companies are actively exploring opportunities in the US$8.9 billion Saudi Arabia pharmaceutical market.
IMF Revises Expectations for Saudi Arabia’s GDP Rebound
The IMF revised its 2024 forecast for Saudi Arabia’s GDP to 2.7 percent as the kingdom intends to keep oil production on the lower side.
Saudi Arabia and Jordan Ink Memorandum of Cooperation to Support SMEs
Central to the agreement are initiatives geared towards enhancing skills, strengthening trade relations, and promoting innovation within the SME sector.
UAE, India Sign Pacts on Investment Treaty, Linking Digital Payments, IMEEC
India and the UAE signed a bilateral investment agreement and inked a framework deal on the India-Middle East Economic Corridor, besides various MoUs, during Prime Minister Narendra Modi’s two-day visit to the UAE.
UK Rolls Out Two-Year Multiple Entry Visa Scheme to Gulf, Jordanian Citizens
The UK has expanded a two-year multiple-entry visa scheme to citizens of Bahrain, Kuwait, Oman, the United Arab Emirates (UAE), Saudi Arabia, and Jordan.
UAE Economic Outlook 2024: Resilience, Growth, and Strategic Initiatives
UAE’s central bank predicts a 5.7% GDP growth for the country in 2024, supported by the performance of key non-oil sectors like real estate, tourism, and transportation.
