Other Briefings
Cryptocurrency To Play ‘Major Role’ In UAE Global Trade – Minister of Foreign Trade
Thani Al-Zeyoudi, the UAE’s Minister of State for Foreign Trade declared that crypto would have a crucial role in UAE’s global trade, speaking at the World Economic Forum’s (WEF) annual summit at Davos. Notably, Al-Zeyoudi said that the UAE seeks to have significant regulations on crypto to promote further growth in the already flourishing crypto […]
World Muslim Communities Council Creates Western Uproar By Visiting China’s Xinjiang Province
Unpacking the differing opinions concerning the Uyghurs in China’s Xinjiang Province By Chris Devonshire-Ellis The World Muslim Communities Council has been in the centre of a Western media backlash for accepting an invitation from the Chinese government to visit Xinjiang Province, home to millions of Chinese Uyghur Muslims. The group’s Chairman, Ali Rashid Al Nuaimi […]
Saudi Arabia To Trade In Currencies Other Than The US Dollar
Saudi Arabia is discussing trade in currencies other than the US dollar, according to the Kingdom’s finance minister Mohammed Al-Jadaan, meaning a partial move away from using the US dollar could be imminent.
Azerbaijan – UAE 2023 Trade and Investment Development Prospects
Bilateral trade doubled in 2022 with plenty more room for growth In recent years, Azerbaijan’s image as a reliable trade partner has improved. As a result of the countries successful, multifaceted foreign policy, Azerbaijan has established strong partnerships with both European countries, and countries of the Turkic world, as well as with Arab states.
Kazakhstan Eyes UAE As Agricultural Export Market
Kazakhstan is interested in exporting agriculture production to the United Arab Emirates, Kassym-Jomart Tokayev, President of Kazakhstan has stated. Speaking at the Kazakhstan-UAE Investment Roundtable, President Tokayev said that cooperation in this field has the potential to lead to mutually beneficial results for both nations.
UAE, South Korea Sign 23 Bilateral Trade Agreements
The UAE and South Korea have signed 23 trade and investment agreements to bring businesses in the two countries closer together and mutually benefit from each other’s expertise.
Emirates Airlines Increases Frequency Of China Routes
Emirates has increased the number of flights it operates to China, coinciding with the Chinese New Year. The Dubai-based airline is increasing connectivity to three major cities – Shanghai, Beijing and Guangzhou – in response to intense travel demand after China reopened its borders on January 8 to tourists following three years of COVID-19 related […]
Turkiye’s 2022 Central Asian Trade Reaches Over US$12 Billion
Türkiye’s foreign trade turnover with Central Asian countries reached US$11.3 billion from January through November 2022, according to the Turkish Statistical Institute. This implies an overall 2022 Turkiye-Central Asian trade turnover of about US$12.33 billion.
Arabic Stock Exchanges Reach Record Highs
The market cap of Arab stock exchanges exceeded US$4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF).
Dubai’s DMCC Free Trade Zone Attracts Over 3,000 New Investors in 2022
Dubai’s DMBB Free Trade Zone signed 3,049 new investing companies in 2022, taking the total of businesses invested by the free zone to 22,000. Among the newly licensed are crypto and blockchain focussed businesses, which means the DMCC’s Crypto Centre alone has more than 500 clients. Dubai is attractive to such businesses due to its […]
