Other Briefings
Dubai To Establish New Commercial investment Fund
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai has issued a law to establish the Dubai Investment Fund, “an independent public entity” to drive investments in strategically important projects on behalf of the government. The newly established fund will hold stakes in entities including utility […]
Japan’s Multilateral Trade with the GCC; 2023 / 2024 Status and Prospects
By Farzad Ramezani Bonesh Japan’s foreign policy goals and priorities are mentioned in the country’s constitution, with measures and approaches such as the approval of the National Security Strategy (NSS) and National Defense Program Guidelines (NDPG). Japan is ready to play a greater role in the GCC, strengthen diplomatic missions, preserve, and promote Japan’s national […]
Saudi Arabia’s Sovereign Wealth Fund Injects New Capital Into China’s Middle East Development
Saudi Arabia targets Chinese SME tech investors with a US$1 billion investment fund Saudi Arabia’s Public Investment Fund (PIF), part of its Sovereign Wealth Fund, has injected fresh capital into eWTP Arabia Capital (eWTPA), a Riyadh-based venture firm focused on Chinese business expansion in the Middle East.
Getting Regionally Prepared For The Middle East’s New Tax Regimes
Sweeping changes are taking place amongst the Gulf Cooperation Council members that will significantly impact Foreign Investors In the Middle East’s rapidly evolving business investment environment, a transformative digital tax wave is sweeping through Saudi Arabia and the Gulf Cooperation Council (GCC) region, which also brings changes to Bahrain, Kuwait, Oman, Qatar and the UAE. […]
Russian President Putin Visits Saudi Arabia and the UAE; Talks With Iran: The Political, Trade and Development Dynamics
Implications for Israel, Palestine, and future energy collaboration in addition to Caspian Sea trade between the Middle East, Russia, and Central Asia By Chris Devonshire-Ellis The Russian President Vladimir Putin has been on an official visit to Saudi Arabia and the UAE, and is holding discussions with the Iranian President Raisi in Moscow today (Thursday, […]
Iran, Oman, Planning To Sign Preferential Trade Agreement
Iran and Oman are planning to boost their economic ties by signing a preferential trade agreement in the near future, the head of Trade Promotion Organization of Iran (TPOI), Mehdi Zeighami has said. According to Zeighami, the two countries are to hold talks on the details of the agreement, which will cover various sectors such […]
Saudi Arabia and Turkiye Target US$30 Billion in Bilateral Trade
Saudi Arabia and Turkiye are looking to develop closer economic and investment ties as they explore new trading opportunities. The volume of trade between Saudi Arabia and Turkiye reached US$5.9 billion in 2022, recording a growth rate of 32.6%. However, at a business council meeting between the two countries, plans were discussed to expand this […]
UAE and Philippines Look To Increase US$1.9 Billion Non-Oil Trade Via a CEPA Agreement
The UAE and the Philippines are looking to boost US$1.9 billion non-oil trade ties as they negotiate details of a Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
Saudi Arabia and Uzbekistan Expand Ties As Riyadh Makes US$12 Billion Investment
By Emil Avdaliani Expanding relations between Saudi Arabia and Uzbekistan Arabia are based on the two countries’ close cultural and religious ties. Saudi Arabia has offered educational support to Uzbek students and participated in restoring Islamic holy sites in Central Asia. Additionally, but perhaps more importantly, Tashkent and Riyadh also see each other as partners […]
Türkiye’s Trade With The GCC: 2023/24 Status and Prospects
A more considered approach to the Middle East from Ankara is driving multilateral trade and investment forward into developments worth tens of billions of dollars By Farzad Ramezani Bonesh with additional commentary by Chris Devonshire-Ellis The foundations of the economic and trade relations between Turkiye and the Gulf Cooperation Council (GCC) states were laid in […]
