Meat Importers in the Middle East Should Note India’s Updated Halal Export Guidelines
India’s halal export system has been updated with fresh certification guidelines in effect from October 16, 2024. Key export markets in the Middle East are the UAE, Saudi Arabia, Oman, Bahrain, among others.
UAE and Jordan Sign CEPA Agreement to Boost Trade Engagement
The UAE-Jordan CEPA is the first partnership of its kind between the Emirates and an Arab nation. Jordan is the UAE’s third-largest Arab trade partner outside the GCC.
UAE-Serbia CEPA Expected to Boost UAE GDP by US$351 Million by 2032
The UAE-Serbia CEPA will eliminate up to 96 percent of customs tariffs across several categories, setting a new standard for trade partnerships outside WTO frameworks.
UK FDI Interest in the GCC Markets: Opportunities for Strategic Growth
The Gulf Cooperation Council countries present a fertile ground for UK foreign direct investment, with opportunities across diverse sectors from renewables to healthcare to technology. These prospects will foster greater business collaboration, market penetration, and job creation, and are fueling the UK’s drive to secure a free trade agreement with the GCC.
Turkey Revises Economic Outlook for 2025-2027: Balancing Inflation, Growth, and Opportunities
Turkey’s revised economic outlook for 2025-2027 reflects a strategic shift amid high inflation and slowing growth.
GCC Central Banks Follow US Fed in Rate Cuts
Following the recent decision by the US Federal Reserve to lower its benchmark interest rate by 50 basis points, GCC central banks have implemented similar cuts.
Oman’s Strategic Move to Attract Foreign Investment: Exploring the New Opportunities
Oman, under the stewardship of Invest Oman, has unveiled a series of strategic investment opportunities worth over OMR 166 million (approx. US$430 million) in the manufacturing sector.
Navigating the Dip: Opportunities Amidst Declining Deal Activity in the Middle East and Africa
The Middle East and Africa (MEA) region experienced a notable decline in deal activity, falling by 10.4 percent in the first eight months of 2024, as reported by GlobalData.
China Deepens Economic Cooperation with Saudi Arabia and UAE in New Energy and Emerging Sectors
Chinese Premier Li Qiang’s recent visits to Saudi Arabia and the UAE have marked a significant step towards strengthening economic cooperation with two of the Gulf region’s wealthiest nations.
Saudi Arabia’s US$5-Billion-Investment Pledge in Egypt: Strengthening Economic Ties and Industrial Cooperation
Saudi Arabia has strengthened its economic ties with Egypt, as Crown Prince Mohammed bin Salman announced a US$5 billion investment by the Public Investment Fund (PIF) during a meeting with Egyptian Prime Minister Mostafa Madbouly in Riyadh.