Other Briefings
Saudi Arabia’s Trade Surplus Reaches US$26.13 Billion in Q2 2024, Setting a New High
Saudi Arabia’s international trade in Q2 2024 totaled SAR 490.657 billion, with merchandise exports leading the way at SAR 294.51 billion.
Egypt’s Economy Shows Signs of Recovery Amid IMF Support and Reforms
We discuss recent developments in the Egypt economy per the latest IMF report, highlighting progress, challenges, and ongoing reform efforts.
Bank of Singapore to Expand Middle East Presence, Targets 5-Year Growth Plan
The Bank of Singapore is evaluating the potential of making Dubai one of its booking centers in the future, complementing its existing centers in Singapore and Hong Kong.
The UK’s New Trade Priorities and Investment Prospects in the Middle East
Under Prime Minister Keir Starmer and Business and Trade Secretary Jonathan Reynolds, the Labour government aims to make the UK the fastest-growing economy in the G20, with a strategic focus on expanding trade abroad to drive domestic economic growth.
India Pushes for Rupee-Dirham Trade Settlement to Reduce Dollar Dependence
India’s central bank has encouraged banks involved in transactions with the UAE to settle a portion of their trade payments directly in Indian rupees and Emirati dirhams.
Saudi Arabia and UAE Drive M&A Activity to US$10 Billion in H1 2024, Enhancing MENA’s Global Influence
In the first half of 2024, MENA M&A activity surged to US$49.2 billion, with Saudi Arabia and the UAE leading with US$10 billion in deals, driven by strategic investments from sovereign wealth funds and a rise in cross-border transactions.
Abu Dhabi’s Office Space: Addressing the Demand for Grade A Assets
Abu Dhabi is experiencing a significant increase in demand for office space, driven by a growing private sector, rising business confidence, and an influx of foreign direct investment (FDI).
Egypt’s Fiscal Performance in the 2023-24 Financial Year
While Egypt’s fiscal performance in 2023-24 shows significant achievements, ongoing economic reforms are essential for sustainable growth.
Revolutionizing GCC Logistics: Impact of the Proposed Kuwait-Saudi Railway
As the GCC continues to invest in infrastructure and modernize its logistics networks, the Kuwait-Saudi Railway will play a central role in shaping the future of freight transport in the region.
UAE FTA Network: Key Agreements in Place, Under Negotiation
The United Arab Emirates (UAE) has a comprehensive free trade agreement (FTA) framework that includes both bilateral and multilateral agreements.
