Economy & Trade

Bahrain-Based TAHA International Signs Technology Licensing Deal with China’s NFC

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TAHA International for Industrial Services (TIIS) has signed a strategic technology licensing agreement with China Nonferrous Metal Industry’s Foreign Engineering and Construction Company (NFC).

UAE Dominates GCC Investments in Africa, Port Infrastructure & Renewables a Key Focus Area

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The UAE is competing with Saudi Arabia, Qatar, and China for strategic influence in Africa and better trade access.

UAE’s Top Emerging Sectors for Investors in 2024

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In the UAE, a strategic shift towards economic diversification has catalyzed growth across hospitality, e-commerce, cryptocurrency, and AI.

UAE Financial Sector Performance Strong on the Back of 151 Decisions Taken in 2023

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In 2023, the UAE Cabinet made 151 financial sector decisions to advance development goals and establish its investment-friendly status.

UAE Starts 2024 Ramadan on March 11: Suggestions for the Business Community

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We offer key cultural tips and discuss how businesses in the UAE can plan their enterprise operations during the holy month of Ramadan.

South Korea’s H2O Hospitality Establishes Regional HQ in Abu Dhabi

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South Korea’s H2O Hospitality (H2O) has set up its regional headquarters in Abu Dhabi in collaboration with the Abu Dhabi Investment Office (ADIO).

Saudi Arabia Registers New Heights on the 2023 Global Retail Development Index

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Saudi Arabia ranked the third position on the 2023 Global Retail Development Index. We discuss factors underpinning this impressive performance.

UAE Removed from the FATF Financial Crimes Watch List

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The global financial crimes watchdog, the Financial Action Task Force (FATF), has removed the UAE from its list of countries at risk of illicit money movement, to the benefit of capital-hungry destinations like India.

UAE and Cambodia Forge New Economic Partnership

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The UAE and Cambodia have cemented their economic ties with the finalization of the Comprehensive Economic Partnership Agreement (CEPA).

Qatar and Kazakhstan Sign US$25 Billion in Deals, Strengthen Relations

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From February 13-14, 2024, President Kassym-Jomart Tokayev of Kazakhstan embarked on a state visit to Qatar, engaging in pivotal trade and investment discussions with Emir Sheikh Tamim bin Hamad Al Thani.

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