Other Briefings
Gulf Cooperation Council Unified Visa To Be Available From 2024-25
A Gulf Cooperation Council (GCC)unified Gulf tourist visa, which will allow visa holders to travel across the six Gulf countries, will be rolled out next year, according to Abdullah bin Touq Al Marri, the UAE’s Minister of Economy.
Ras Al Khaimah Launches Digital Economic Free Trade Zone
Sheikh Mohammed bin Saud bin Saqr Al Qasimi, the ruler of the Ras Al Khaimah Emirate within the UAE has inaugurated the new RAK Digital Assets Oasis (RAK DAO), an economic free zone dedicated to supporting companies involved in digital and virtual assets, blockchain, Web3 and artificial intelligence (AI). The ceremony took place on October […]
The Gulf Cooperation Council Countries To Replace The United States As The Primary Source Of China FDI
China is set to receive US$1-2 trillion in investments from top sovereign funds in the Middle East by 2030 as they look to pivot to Asia amid a rapid rise in their investment capital, Hong Kong Stock Exchange CEO Nicolas Aguzin has said.
8th UNCTAD World Investment Forum Opens In Abu Dhabi
The 8th World Investment Forum (WIF), organised by the United Nations Conference on Trade and Development (UNCTAD), has officially opened at the Abu Dhabi National Exhibition Center. The event will run until October 20.
Egypt Issues RMB3.5 billion In ‘Panda Bonds’
China’s Currency Begins a Global Take Up as a US Dollar Alternative Cash-strapped Egypt has issued 3-year Panda Bonds worth RMB3.5 billion (US$479 million, or E£14.8 billion) its finance ministry said on Monday (October 16), the latest in a string of less conventional borrowings as it grapples with a mushrooming foreign debt repayment schedule.
Chris Devonshire-Ellis Interviewed By World Geostrategic Institute: The Significance of Iran-Sudan Rapprochement
Chris Devonshire-Ellis, the Chairman of Dezan Shira & Associates, has been interviewed by the World Geostrategic Institute concerning the reintroduction of bilateral ties between Iran and Sudan.
UAE, South Korea Sign CEPA Trade Agreement
Bilateral trade up 21% to reach US$3 billion The UAE and South Korea have signed a Comprehensive Economic Partnership Agreement (CEPA), with the UAE Minister Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, and Dukgeun Ahn, Minister of Trade for South Korea, concluding negotiations. The UAE is South Korea’s second-largest Arab trade partner, while South […]
UAE, Georgia Sign CEPA Trade Agreement
Bilateral trade set to double in next five years as bilateral trade is boosted by the INSTC The UAE and Georgia have signed a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Georgia, with aims to double non-oil trade from the current US$481 million to US$1.5 billion in five years.
Iran, Sudan Reestablish Diplomatic Relations
Move has significant implications for the BRICS in MENA and moves control of the Red Sea and Suez shipping to the Global South By Chris Devonshire-Ellis The resumption of diplomatic relations between Iran and Sudan and Iran, was announced in a joint statement on Monday (October 9). Relations had been severed for over seven […]
UAE, Vietnam, Seek To Boost Bilateral Trade
Bilateral trade at US$8 billion with both parties committed to increasing this with a CEPA trade deal under negotiation
