Bahrain-Based TAHA International Signs Technology Licensing Deal with China’s NFC
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).
Oman Unveils US$31 Billion Tourism Investment Plans Under ‘Vision 2040’
Oman welcomed 4 million tourists in 2023, a testament to its vibrant tourism landscape. Now the Sultanate has announced major investment plans, aligned with ‘Vision 2040’.
UAE Dominates GCC Investments in Africa, Port Infrastructure & Renewables a Key Focus Area
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
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
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
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
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
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
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
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.