Other Briefings
Asia-Middle East Investment Dynamic Poised to Reshape Global Capital Flows, Says HSBC
A recent report by HSBC highlights that Asia and the Middle East and Africa (MEA) are at the forefront of changing global capital flows.
UAE’s Digital Transformation: A Blueprint for Global Leadership
The Dubai government’s 2022-2024 strategy prioritizes growing Dubai’s digital economy and attracting international business and investment.
Dubai Approves Largest Budget Cycle to Drive Sustainable Growth and Innovation (2025-2027)
Dubai’s 2025-2027 budget, its largest ever at AED272 billion, focuses on sustainable growth, community welfare, and innovation, supporting major infrastructure, social, and digital transformation initiatives aligned with Dubai’s long-term development goals.
Lulu Retail’s IPO Fully Subscribed, Set to List on Abu Dhabi Exchange on Nov. 14
Lulu Retail’s IPO’s offering size is estimated to fall between 501 and 527 crore dirhams. The final offer price will be confirmed on November 6.
New Saudi Arabia-China SEZ to Boost Cross-Border Trade, Light Industries
Located within King Salman International Airport, the Saudi-China Special Economic Zone will feature a logistics and light industrial park to bolster local supply chains, an international trade hub for streamlined business services, and a residential zone with quality facilities for employees and families.
LuLu’s Landmark IPO Set to Reshape the GCC Retail Market
LuLu Group International is preparing for one of the UAE’s largest IPOs of 2024, offering a 25 percent stake to raise US$1.7–US$1.8 billion, valuing the company at US$6.5–US$7 billion.
Saudi Arabia and Italy Strengthen Business and Industrial Ties Amid High-Level Visit
Saudi Arabia and Italy are boosting economic ties after the Saudi Industry Minister’s visit to Italy, focusing on manufacturing, mining, and renewable energy collaboration to advance Saudi Arabia’s Vision 2030 diversification goals.
UAE to Address India’s Concerns Over Increased Silver, Platinum Alloy, and Dry Date Imports Under CEPA
The United Arab Emirates (UAE) has agreed to address India’s concerns over a significant rise in imports of silver products, platinum alloy, and dry dates, taking advantage of lower tariffs under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
Saudi Arabia-Germany Trade and Investment Relations: Key Opportunities for German Businesses
With Germany as Saudi Arabia’s fourth-largest supplier of goods, both nations have expanded cooperation in sectors such as renewable energy, healthcare, and advanced industries.
UAE Cabinet Approves Record Federal Budget for 2025
The UAE’s 2025 federal budget, totaling AED 71.5 billion (US$19.5 billion), emphasizes social welfare, infrastructure, and economic development while projecting a budget surplus of 2.4 percent of GDP.
