Economy & Trade

UAE Strengthens Economic Cooperation With Kazakhstan

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Billions of dollars of investment projects being discussed while bilateral trade increases 50% The UAE is committed to strengthening mutually beneficial cooperation with Kazakhstan in all sectors of the economy, UAE President Mohamed bin Zayed Al Nahyan said during an official visit to the country by Kazakh Prime Minister Alikhan Smailov last week. The viewpoint […]

Opportunities for UAE-Based Businesses in India: The New CEPA Trade Agreement

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The UAE-India Comprehensive Economic Partnership Agreement (CEPA) came into force May 1, 2022. It is projected that by 2030, trade with India will add US$9 billion (1.7 percent) to the UAE’s GDP. UAE imports from India are projected to increase to US$7.6 billion (by 1.5 percent) and exports US$14.8 billion (3.8 percent).

Establishing A Foreign-Invested Manufacturing Production Line In Türkiye

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By Selin Aksoy, Kulat & Co, Istanbul   Introduction Türkiye is a very important manufacturing centre for the production sector due to its potential to conduct business with lower operational costs and its proximity to major markets. In addition, government incentives and tax advantages offer important opportunities for investors who want to invest in the region.

Iran Plans To Use Persian Gulf Sea Water To Irrigate Fars Province

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Iran has plans to transfer water from the Persian Gulf to its Fars Province under a development expected to cost 15 trillion rials (about US$3.5 billion), according to Ehsan Ansari, the Managing Director of Iran’s Lamard Special Economic Zone.

Iran Planning Direct Railway Link From Tehran To Shanghai

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Iran is seeking to launch a direct train route to China within the framework of the Shanghai Cooperation Organization (SCO), the Director General of Commercialization and Associations Affairs Bureau at the Ministry of Roads and Urban Development Amin Taraffo has stated. Iran joined the SCO as a full member last week. Taraffo said that the […]

Israel-China Bilateral Trade and Investment Outlook

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Trade and investment cooperation between Israel and China has accelerated since 2000, especially in the technology and infrastructure sectors. While Tel Aviv has backed the Belt and Road Initiative (BRI), China recognizes Israel’s strategic location. As the two countries observe 30 years of diplomatic relations, they now hope to reach a Free Trade Agreement by […]

Selling To China’s Muslims

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China represents a market of 30 million Muslims providing opportunities for Middle Eastern based exporters in a market worth US$100 billion.  In China, the Muslim population is estimated to be around 30 million, covering urban and rural areas of all provinces (regions) in China. These are mainly based for historic reasons in China’s Western provinces of […]

Tax, Investment, and Trade Agreements Between Countries in the Middle East and China

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Countries in the Middle East are deepening ties with China, offering new opportunities for Middle Eastern businesses to expand into China. To facilitate business activity and investment, Middle Eastern countries have signed a range of tax agreements and bilateral investment treaties with China that offer fair treatment and protection for foreign investors. Moreover, China is […]

Egypt & Qatar Join Shanghai Cooperation Organisation As ‘Dialogue Partners’

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Egypt and Qatar have been granted Dialogue Partner status of the Shanghai Cooperation Organization (SCO) following the admission procedure launched in September 2021 at the Dushanbe summit, the Uzbekistan Foreign Ministry said on Wednesday.

The UAE – Indonesia Trade Agreement: Benefits for UAE Based Exporters

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Indonesia has cancelled import tariffs for 80% of UAE exports   Indonesia and the United Arab Emirates (UAE) concluded a new free trade agreement under the UAE-Indonesia Comprehensive Economic Partnership Agreement (IUAE-CEPA) in July 2022. UAE President Sheikh Muhammad bin Zayed and Indonesian President Joko Widodo witnessed the signing in Abu Dhabi.

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