Setting Up in Sharjah, UAE: A Foreign Investment Guide
The UAE emirate of Sharjah is not reliant on oil and gas reserves, and has well-developed manufacturing, construction, and service sectors. We highlight top sector opportunities and key locations for investors.
Iran Inks 10-Year Port Deal with India: Strengthening Trade Routes and Economic Partnerships
After prolonged negotiations, Iran and India have successfully concluded a 10-year bilateral contract for the operation of Chabahar Port.
UAE and New Zealand Launched Free Trade Agreement Negotiations
On May 6, 2024, New Zealand and the United Arab Emirates (UAE) launched negotiations on a free trade agreement (FTA).
China and Saudi Arabia Collaborate on Energy Transition
China and Saudi Arabia are collaborating to accelerate the energy transition towards renewable sources, marking a strategic move towards sustainability and economic diversification.
Statevolt to Invest US$3.2bn and Build New Battery Cell Gigafactory in UAE
Statevolt, a US-based company focused on sustainable industrialization and low carbon energy solutions, will build a new cutting-edge battery cell gigafactory in the UAE emirate of Ras Al Khaimah (RAK).
Business Prospects in the GCC-Asia Trade and Investment Corridor
Trade between the GCC region and Emerging Asia reached around 35 percent between 2021 and 2022, supported by the rapid development, expanding energy needs, large populations, growing consumer power, and high-tech capabilities in key Asian markets.
UAE-India CEPA, in Effect Since 2022, Touted a Success Story
The UAE-India CEPA trade agreement marked two years since its implementation from May 1, 2022. We discuss how bilateral ties have progressed.
Dubai Attracts 9 Technology Multinational Firms, Fueling its Digital Economy
The Dubai Assets Law and the Business in Dubai platform are among key initiatives in the emirate that aim to attract high-quality technology investors, fintech firms, startups, and digital innovators.
Spinneys and LuLu’s Public Offerings Pave the Way for Family-Owned Businesses
Public offerings from Spinneys and LuLu Group are being hailed as game changers for the UAE market. Traditionally, IPOs in the UAE have been dominated by government utilities and private corporations.
Over 15,000 Indian Companies Joined Dubai Chamber of Commerce in 2023
In 2023, 15,481 Indian enterprises joined the Dubai Chamber of Commerce, indicative of the UAE market’s appeal among global investors.