Other Briefings
China’s Engagement With The Gulf Cooperation Council: Latest Updates
Over the past 20 years, China has become increasingly engaged with the six Gulf Cooperation Council (GCC) members – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). While Beijing’s interest in the region may have been initially driven by energy needs, the relationship is now diversifying. China has become a significant partner for GCC states in several fields, such as infrastructure investment, trade in goods and services, digital technology, and defense.
United Arab Emirates Concludes Trade Agreement With Indonesia
Indonesia and the United Arab Emirates (UAE) concluded a new free trade agreement in July 2022, under the UAE-Indonesia Comprehensive Economic Partnership Agreement (IUAE-CEPA). The free trade agreement removes trade barriers for a variety of goods and services with the aim to increase bilateral trade to US$10 billion by 2030. Indonesia and the United Arab […]
An Overview Of The Abu Dhabi Vision 2030
The Abu Dhabi Vision 2030 is a set of policies and goals developed in 2006 by the Government of Abu Dhabi to start a safe and secure society with a sustainable economy. The Government’s policy agenda was published in 2007 and the Abu Dhabi Vision 2030 is considered the roadmap for the emirate’s economic progress.
Investing In India’s Halal Market: The World’s Third Largest Muslim Consumer Base
India has the world’s third largest Muslim population at more than 170 million and presents huge market opportunities for halal-based entrepreneurs. One estimate puts the global Muslim market at US$7 trillion, with the halal food market valued at an estimated US$1.7 trillion and halal cosmetics US$75 billion.
Iran, China, India & Russia To Create Regional Aviation Maintenance Hub
Four-party collaboration to manufacture spare parts and provide certified repairs to national aviation fleets and develop new aircraft The Civil Aviation Organization of Iran (CAO) has announced that it will form a consortium with India, China, and Russia to set necessary standards for aircraft repair services.
How Businesses Are Expected to Gain from the India-UAE CEPA
We briefly examine contents of the speedily finalized India-UAE CEPA and identify key beneficiaries of the trade deal. The CEPA came into effect May 1, 2022, and aims to grow two-way annual trade to US$100 billion – up from US$60 billion – in the next five years. At the outset, elimination of the UAE’s five […]
The Gulf Cooperation Council’s Trade and Investment Ties with India
India’s trade and investment relationship with the Gulf Cooperation Council (GCC) member states – UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain – has strong foundations, driven by India’s historical linkages with the region, India’s dependence on Gulf energy exports, and the Gulf dependence on India for food security and agricultural exports. Most GCC member […]
The 2022 United Arab Emirates – China Bilateral Trade and Investment Relations
China is among the UAE’s top commercial partners over the last five years, with rapid growth recorded in bilateral investments and trade. The world’s largest container operator, China’s COSCO Shipping Limited, has chosen Khalifa Port as the base of its Middle East operations. The UAE has fully backed China’s Belt and Road Initiative, setting up […]
Saudi Arabia’s Red Sea Development Project Begins To Take Shape
The Saudi Arabia Red Sea Development Company has begun to show the fruits of the five years of hard work it has put into creating an up market Red Sea tourist resort, as part of the Saudi Vision 2030 national development plan. The image shown above is part of the Nujama Ritz-Carlton Reserve, scheduled to […]
IMF Says Saudi Arabia’s Economy Growing Faster Than United States
The International Monetary Fund (IMF) has said that high oil prices will likely drive Saudi Arabia’s economic growth to outpace that of the United States this year. In a report published on August 17, the IMF predicted that the kingdom’s GDP will grow by 7.6% in 2022, the fastest rate of expansion in nearly a […]
