Middle East Briefing News

Oman – Indonesia Bilateral Trade Up

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A delegation from the Oman Chamber of Commerce and Industry (OCCI) have been attending the 38th Indonesian International Trade Fair (Trade Expo 38), which is organized by the General Directorate of National Export Development of the Ministry of Commerce in Indonesia.

Saudi Arabia, India Looking To Boost Bilateral Trade Ties

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Saudi Arabia and India are looking to develop economic ties and boost the current US$52 billion bilateral trade relations between the two countries.

Saudi Arabia and Indonesia’s Bilateral Trade: Status and Prospects

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Bilateral trade US$7 billion with plenty of room for significant growth By Farzad Ramezani Bonesh Background Civilization and economic relations between the two regions go back centuries before Islam. In modern history, after Saudi Arabia recognized Indonesia’s declaration of independence on November 4, 1947, diplomatic relations between Indonesia and the Kingdom began with the opening […]

Iran, Russia Engage in Talks Concerning Israel Conflict and Bilateral Trade & Development

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The INSTC and suppressing the Israel-Palestine conflict are both high on the bilateral diplomatic agenda  By Emil Avdaliani with additional commentary by Chris Devonshire-Ellis  Iran’s Foreign Minister, Hossein Amir-Abdollahian has been hosting talks with the Russian Foreign Minister, Sergey Lavrov, and has been discussing expanding bilateral cooperation within high-level agreements in Tehran, according to the […]

Israel’s Relationship With The Gulf Cooperation Council

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By Michael Barantschik The current problems surrounding Israel and Palestine have shaken the Middle East and impacted global trade and security. Just as an integration of Israel into the wider region had appeared promising, serious and violent obstacles have arisen. In this article we examine Israel’s relationship with the Gulf Cooperation Council (GCC) – six […]

Gulf Cooperation Council Unified Visa To Be Available From 2024-25

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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

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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

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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

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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’

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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.

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