Middle East Briefing News

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.

Chinese EV Maker XPeng Gets Ambitious About the MENA Market in 2024

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XPeng announced new additional dealer partnerships in 2024, including with Ali&Sons in the UAE, RAYA Group in Egypt, T Gargour&Fils Group in Jordan, and Gargour Asia SAL Group in Lebanon.

NIO to License Technology to Middle East Start-up Forseven

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Chinese new-energy vehicle manufacturer Nio has entered into a technology licensing agreement with Forseven, a subsidiary of Abu Dhabi’s CYVN Holdings L.L.C.

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.

UAE and Greece Sign MoU on Digital Infrastructure Investment

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UAE and Greece recently signed an MoU agreement, which sets the framework for investing in data center projects and digital infrastructure in Greece.

Dubai Announces 5-Year Multiple Entry Visas for Indians

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With a proposed 2-5 day processing timeline, the 5-year multiple-entry visas will boost ease of Indians traveling to Dubai.

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