Oman-India FTA Negotiations Reportedly Conclude, But Indian Elections Will Delay Implementation
Oman-India CEPA negotiations have reportedly concluded but the trade deal now has to wait for the Indian elections over the summer and a new central government to be formed in New Delhi.
Investopia 2024 Launches “Next50” Initiative to Support Innovative Companies in the UAE
On April 1, 2024, Investopia UAE launched its new “Next50” initiative, in collaboration with the emerging market research center EMIR.
UAE Mulls 10-Year “Golden License” to Boost Business Continuity
Government ministers and stakeholders are discussing the potential implementation of a so-called “golden license” for business in the UAE.
UAE’s Overseas Investments Soars to Estimated US$2.5 Trillion by 2024
As of early 2024, the UAE’s overseas investments have surpassed US$2.5 trillion, solidifying its position as a leading global player in FDI.
Saudi Arabia’s US$40 Billion AI Fund: Outlook and Opportunities
Saudi Arabia’s government is planning to establish a US$40 billion fund dedicated to AI investment, signaling a strategic move to diversify its economy and solidify its position as a dominant force in the Middle East’s AI landscape.
Abu Dhabi Investment Authority Offers Discounted Buyouts for Investors Exiting China PE
ADIA, the Emirate SWF, is strategically positioning itself to benefit from the trend of Western investors reducing their exposure to China.
Bahrain-Based TAHA International Signs Technology Licensing Deal with China’s NFC
TAHA International for Industrial Services (TIIS) has signed a strategic technology licensing agreement with China Nonferrous Metal Industry’s Foreign Engineering and Construction Company (NFC).
UAE Dominates GCC Investments in Africa, Port Infrastructure & Renewables a Key Focus Area
The UAE is competing with Saudi Arabia, Qatar, and China for strategic influence in Africa and better trade access.
UAE’s Top Emerging Sectors for Investors in 2024
In the UAE, a strategic shift towards economic diversification has catalyzed growth across hospitality, e-commerce, cryptocurrency, and AI.
UAE Financial Sector Performance Strong on the Back of 151 Decisions Taken in 2023
In 2023, the UAE Cabinet made 151 financial sector decisions to advance development goals and establish its investment-friendly status.