Other Briefings
The Middle East’s Trade Pivot To East Asia
Regional Trade Is Now Worth US$1 Trillion Per Annum The Middle and Asia is proving compatible neighbours as the pivot of the Gulf States towards East Asia continues. East Asia especially is now playing a crucial role for the Middle East as a key supplier of exported goods and is the predominant import market for […]
UAE Reaches Global Top Ten In ‘Soft Power’ – Report
The UAE has powered its way into the Top 10 nations on ‘soft power’ status, a list that sees the United States at the top. These rankings are based on where a country stands on parameters such as reputation, influence and familiarity. This is based on the Global Soft Power Index, and is calibrated every […]
The New UAE ID Card: Registration Form And QR Code Applications — An Explainer
The new mandatory UAE ID has an updated registration form, which allows residents to track their application’s status and change the date for their annual fingerprint scanning, according to an announcement made by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP). The ID card is required by all foreign residents such as those […]
Iran’s Prawn Aquaculture Exports Growing
Iran exported over 27,900 tons of prawns worth US$99.7 million, during the first 11 months of the current Iranian year (March 21, 2022 through February 19, 2023), according to the Iran Fisheries Organization.
Establishing A Foreign Invested Business In Dubai
There are numerous options when it comes to setting up a business in Dubai. These largely depend on your expected scope of business, and are impacted by type of work and where you wish to be. Dubai is zoned and only certain types of businesses are permitted to be established in certain areas. We provide […]
UAE, Saudi Arabia Non-Oil Trade Increased 9% In 2022, Reaching US$37 Billion
Non-oil bilateral trade the UAE and Saudi Arabia – two of the Middle East’s major economies – soared to AED136.09 billion (US$37 billion), representing 9% growth in 2022, according to preliminary data from the Federal Center for Competitiveness and Statistics. This is partially due to relaxing of market restrictions in Saudi Arabia as more social […]
Direct Indian Rupee – UAE Dirham Trade Settlement Available Soon
Trade settlements in Indian rupees and UAE Dirhams will soon be possible and is expected anytime soon as senior finance and bank officials from India are on a three-day trip to Abu Dhabi now, finalising the details of the arrangement.
Green Channel For Food Imports Into Dubai Now Operational
Regional consumer exporters to Dubai need to apply for green channel licensing A new ‘Green Channel’ for food imports that is aimed to make groceries arrive faster and cheaper in Dubai markets has started receiving shipments, according to Sultan Ali Al Taher, director of the Dubai Food Safety Department. The Green Channel is an initiative […]
Iranian Exports Up In Key Regional Markets
Reza Fatemi Amin, Iran’s Minister of Industry, Mines, and Trade, has revealed a significant increase in Iranian exports to numerous regional countries. Since March 21, 2022 (The first day of the Iranian fiscal year), Iranian exports grew by 23% to Iraq, 46% to Turkey, 63% to Oman, 23% to Russia, and more than 20% to […]
UAE – Russia Bilateral Trade Up 68% In 2022
The diamond trade leads the way as trade hits US$9 billion while FTA talks get underway Denis Manturov, Russia’s Industry and Trade Minister, has said that Russia’s trade turnover with the UAE increased by 68% to US$9 billion in 2022. He was speaking at the IDEX 2023 exhibition in Abu Dhabi. Exports from Russia to […]
