Middle East Briefing News

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.

Indian Firms Explore Opportunities in Saudi Arabia’s Pharmaceutical Market

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Indian pharmaceutical companies are actively exploring opportunities in the US$8.9 billion Saudi Arabia pharmaceutical market.

Dubai’s Tourism Sector: Outlook and Key Drivers

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Dubai’s tourism sector success is driven by strategic partnerships, sustainability initiatives, and its emergence as a global hub for relocation, remote work, and leisure.

IMF Revises Expectations for Saudi Arabia’s GDP Rebound

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The IMF revised its 2024 forecast for Saudi Arabia’s GDP to 2.7 percent as the kingdom intends to keep oil production on the lower side.

Saudi Arabia and Jordan Ink Memorandum of Cooperation to Support SMEs

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Central to the agreement are initiatives geared towards enhancing skills, strengthening trade relations, and promoting innovation within the SME sector.

UAE, India Sign Pacts on Investment Treaty, Linking Digital Payments, IMEEC

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India and the UAE signed a bilateral investment agreement and inked a framework deal on the India-Middle East Economic Corridor, besides various MoUs, during Prime Minister Narendra Modi’s two-day visit to the UAE.

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