Why UAE Businesses Should Establish a Principal Hub in Malaysia
Malaysia presents itself as an attractive principal hub for UAE-based businesses that are seeking to expand in ASEAN, offering a cost-effective alternative to Singapore. Malaysia offers a dynamic business environment, a productive workforce, and a well-developed infrastructure which is further supported by pro-business government policies. Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob with UAE […]
UAE, India Considering Mutual Currency Settlements
Move to use Dirhams and Rupees will Dedollarise Bilateral Trade An indication that Washington’s moves to use the US dollar and SWIFT banking networks as trade weapons are having the effect of motivating significant global economies wary of US dollar use is taking place with the latest to consider mutual currency settlements being the UAE […]
Türkiye & Qatar Sign New Trade Facilitation Deals
Türkiye and Qatar have signed 11 new cooperation agreements, in meetings co-chaired by Turkish President Recep Tayyip Erdoğan and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani. The deals were signed at the eighth meeting of the Supreme Strategic Committee in Istanbul on Friday, The agreements cover cooperation in various fields, including diplomacy, media, trade, […]
New Dubai Urban Tech District To Help Create Future Smart Cities
Opportunities for International Architectural and Related Businesses in The UAE Dubai is planning to open a new urban tech district at the Creekside at Al Jaddaf, aiming to create over 4,000 jobs in urban technologies, education, and training, while also welcoming entrepreneurs to encourage a collaborative tech ecosystem. The district will provide facilities for […]
Turkiye And India Trade and Investment Summary 2022 YTD
Significant Middle-Class Consumer Markets And Developing Infrastructure Will See The Turkiye-India Trade Corridor Develop Rapidly Into 2023-24 By Constantin Duhamel Introduction Centuries-Old Bilateral Relations. The Ottoman Empire and the Indian subcontinent established formal diplomatic relations in 1481 and were exposed to the same cultural influences under Mughal (a Turkic elite) rule of India, which lasted […]
The Grain Corridor Agreement And Turkiye As A Foreign Investment Destination
Turkey’s Mediating Role İn Preventing A Global Food Crisis Underlines Corporate & Trade Responsibility By Selim Ural, Kulat Law Office Istanbul The Russia-Ukraine war, which started in February 2022, has had a significant impact on the global markets due to the large shares of the two countries in the global agricultural products trade, […]
Foreign Investment Opportunities In the UAE E-Commerce Market
Market value expected to hit US$9.2 Billion by 2026 Analysis from the Dubai Chamber of Commerce has stated that the value of the UAE e-commerce market is expected to reach US$9.2 billion by 2026, while the sector’s share of total retail sales in the UAE is projected to increase by 12.6% the same year. The […]
UAE-China Non-Oil Trade Up 78.5%
Non-Oil UAE-China Imports & Exports Also Up To US$32 Billion in 2022 YTD The trade diversification policies outlined by the Emirates several years ago have been paying off, as non-oil trade between the UAE and China increased by 78.5% in the nine years from 2012 to 2021, reaching AED223.5 billion (US$60.85 billion) for 2021.
Saudi Arabia Wins Bid To Host 2029 Asian Games – With Outdoor Snow Skiing Facilities
Saudi Arabia has won the bid to host the Asian Winter Games in 2029, which will be held in Trojena, Neom. Neom is a part of the Kingdom’s Vision 2030 national development plan into which Prince Mohammed bin Salman has poured hundreds of billions of dollars, with the aim of transforming the Saudi economy, creating […]
Applying For A 2022 / 2023 Virtual Work Visa In The UAE
New regulations of use to Digital Nomads New regulations have come into effect from October 1 that permit foreign holders of a UAE virtual work visa to work remotely – giving the option to live and work out of the UAE. The virtual work visa comes hand in hand with a one-year residency permit, useful […]