Other Briefings
The UAE – 2022-2024 Foreign Investment Trends – Exclusive Data
New complimentary UAE economic report to be published The UAE has provided spectacular economic developments across multiple sectors over the past two years. With a new Middle East and UAE issue of Asia Investment Research (AIR) to be released next week, it is of specific note that in the following areas, the UAE has […]
Iran’s Membership in BRICS – Consequences and Prospects
By Farzad Ramezani Bonesh Over the past two decades, BRICS has become more attractive for Iran because of its increasing geopolitical and geoeconomic status and dozens of successful meetings and summits. “BRICS Plus” allowed Iran to participate in the BRICS mechanisms in 2017. Negotiations began in 2017 regarding Iran joining the New Development Bank (NDB).
UAE, China’s Hainan Island Sign Numerous Private Sector Cooperation Agreements
UAE-Hainan Non-Oil Trade has reached US$900 million as opportunities for UAE investors emerge The UAE and China’s Hainan Province have expanded bilateral trade and investment ties through the signing of four significant private-sector agreements by Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and Liu Xiaoming, Governor of Hainan Province.
Bahrain Permits Family Office Business Licences
Bahrain’s Central Bank has issued new regulations that expand the scope of family offices in the country. A new category of investment licenses has been introduced, to provide regulated investment and wealth management services to family offices coming under the Central Bank of Bahrain’s supervision.
Abraham Accords Celebrate Third Anniversary
The Abraham Accords, signed on the US Presidential White House lawn on September 2020, was a landmark moment, normalising diplomatic relations between Israel and the UAE and Bahrain, with Morocco and Sudan following suit. The agreements have bolstered stronger ties between the nations, offering all parties advantages in areas of economic cooperation, cultural exchanges, and […]
Saudi Arabia To Establish Investment Office In India
Saudi Arabia’s Investment Minister Khalid Al-Falih has announced that the government is looking into setting up an investment office in India. He was speaking at the India-Saudi Investment Forum in New Delhi, saying “I will commit today that we will open an office in India for investment facilitation.”
UAE Directives On Maintaining Audited Financial Statements
With the UAE going through a transition from a no tax to a low tax jurisdiction, businesses based in the country now need to prepare additional annual reports to justify their business performance. In this article we discuss the need for preparing financial statements and explain the Government’s position – and business owners responsibilities.
Saudi Arabia and BRICS: The Consequences of Joining, Multilateral Trade and Prospects
By Farzad Ramezani Bonesh with additional commentary by Chris Devonshire-Ellis Saudi Arabia’s Membership Process in BRICS “BRICS Plus” was created in 2017 and provided an opportunity for the multi-dimensional presence of Saudi Arabia in BRICS mechanisms. After the beginning of some changes in foreign policy, Riyadh participated in meetings and summits of the bloc. Over […]
The UAE At The G20 Summit
UAE joins the Global Biofuels Alliance Amongst regional Middle East transportation cooperation The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, has attended the G20 summit in New Delhi, stating that he engaged in “constructive talks”.
Dubai DIFC Updates Data Protection Laws
The Dubai International Financial Centre (DIFC) has enacted amendments to the current framework of Data Protection Regulations. Regulation 10 is the first enacted regulations in the MEASA region on the processing of personal data via autonomous and semi-autonomous systems such as artificial intelligence (AI) or generative, machine learning technology.
