Economy & Trade

Israel’s Hamas & Hezbollah Conflict Threatens China and Russia’s Middle East Intentions

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The horrific bilateral violence may result in widespread regional changes throughout the Middle East and Ukraine. We provide daily updates. By Chris Devonshire-Ellis Israel – Palestine – October 13 Update In Moscow, the Russian Foreign Minister Sergey Lavrov has said that all ten countries of the Commonwealth of Independent States (CIS) trade bloc are urging […]

BRICS & MENA: China’s Growing Influence In The Middle East: New Report

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Five of the new BRICS member countries are MENA influential. In this special report we analyze how China, India and Russia are positioning BRICS to become a global entity with a special emphasis on the merging Middle East. We highlight Egypt, Ethiopia, Iran, Saudi Arabia and the UAE trade and development relations and look at […]

Abu Dhabi’s Non-Oil Sector Grew 12.3% In Q2 2023

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Abu Dhabi’s non-oil economy grew by a record 12.3% in Q2 2023, according to the Statistics Centre – Abu Dhabi (SCAD), as the city’s efforts to become a hub for hedge funds and other financial firms begin to produce results.

The UAE in BRICS: Consequences, Multilateral Trade and Prospect

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The UAE’s bilateral trade with all major BRICS economies has rapidly grown. We look at the future development trends By Farzad Ramezani Bonesh The UAE’s Membership Process in BRICS Over the past decade, the BRICS have become very attractive for Abu Dhabi, due to its increasing economic status and commercial capabilities. BRICS+ was an opportunity […]

Russian Investors Developing ‘Little Moscow’ in Dubai

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Russian investors in Dubai are working to become real estate developers or acquire clusters of homes to build “Little Moscow” communities in the Emirate. Buyers from Russia have become big investors in Dubai property since sanctions imposed on Moscow locked them out of European and North American markets.

UAE, Philippines, Sign Aviation Cooperation Agreements

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Manila targets Filipino and Western expats in the UAE as a home and tourism destination The UAE and the Philippines have signed an MoU in Cebu concerning trade and airfreight ties. The MoU was signed after a round of talks involving representatives of local business sectors and the countries respective national air carriers on September […]

Unified Gulf Cooperation Council Visas To Be Implemented Soon

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Unified Gulf Cooperation Council Visas To Be Implemented Soon The UAE Minister of Economy, Abdullah bin Touq Al Marri, has said that the issuance of a unified tourist visas for Gulf Cooperation Council (GCC) countries will happen soon.

Kuwait Unveils Fourth 2040 Development Master Plan

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Opportunities for construction businesses as plans call for building residence for over 7 million people Kuwait’s Cabinet has approved the country’s fourth master plan in its weekly meeting. The Fourth Kuwait Master Plan 2040 focuses on the country’s vision and development goals in urban, economic, social, and environmental policies in parallel with future population growth. This […]

UK – Gulf Cooperation Council Free Trade Agreement Talks: Latest Updates

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Bilateral UK-GCC Trade expected to increase by 16% when FTA is enacted The free trade negotiations between the UK and the six members of the Gulf Cooperation Council (GCC) are “progressing well” and will enhance the flow of goods, the UAE’s ambassador to the United Kingdom has said on Tuesday (September 26).

The UAE – 2022-2024 Foreign Investment Trends – New Complimentary Issue Of Asia Investment Research Out Now

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The new issue of Asia Investment Research (AIR) is out now and available for complimentary download. This issue contains unique data concerning the UAE and Middle eastern dynamics regarding Foreign Investment, Infrastructure Developments, Green Energy Transition, The Stock Exchanges, together with M&A and VC trends and recent deals in this dynamic region.

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