Other Briefings
UAE, Sudan To Build US$6 Billion Abu Amama Red Sea Port & SEZ
A consortium led by the UAE’s AD Ports Group and Invictus Investment of Dubai have signed a preliminary agreement with Sudan to build and operate the Abu Amama Port and Economic Zone on the Red Sea with a US$6 billion investment.
Abraham Accords Leading To UAE-Israeli Investments
US VC firms able to exit Israeli projects with Gulf investment capital The Abraham Accords – a combination of peace and trade directives aimed at encouraging greater links between Israel and the Gulf States, are starting to deliver concrete results. The UAE became the first Gulf state to normalize relations with Israel under a US-brokered […]
Saudi Arabia, China Working Closely Together In Artificial Intelligence Life Management Applications
Riyadh could develop as an AI hub serving the Middle East and Central Asia While Xi Jinping’s State Visit to Saudi Arabia last week gained a great deal of attention, it is actually a rather smaller Saudi-Sino deal agreed a couple of months earlier that may yet prove to have the longer lasting implications.
UAE Begins Fast Track Talks Over Eurasian Economic Union Free Trade Agreement
Bilateral trade Up 60% as Russian & EAEU Businesses Eye Dubai and Abu Dhabi Opportunities The Eurasian Economic Union (EAEU) countries – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia have approved the commencement of talks to conclude a free trade agreement between the EAEU and the United Arab Emirates (UAE).
Saudi Arabia, China, Expected To Strengthen Trade & Development Ties During Xi’s Presidential Visit
China’s President Xi Jinping arriving in the Saudi Arabian capital Riyadh today (Wednesday, December 7) on a long-awaited visit. Saudi Arabia is giving Xi full state pageantry and the possibility of multiple agreements expected to cement ties between China and Saudi Arabia. The two countries signed off a massive, ‘Strategic Partnership Energy Agreement’ earlier this […]
The UAE Launches A.I. Based Employment Contract Registrations
The UAE Ministry of Human Resources and Emiratisation (MoHRE) has launched an automated system to complete employment contracts without human intervention.
Iranian Auto Manufacturers Eying The Russian Car Market
Moscow and Tehran have signed a memorandum of understanding for Iranian car exports to Russia valued at US$300 million, according to Mohammadreza Najafi-Manesh, the Chairman of Iran’s Association of Auto Parts Manufacturers.
Turkey’s Pre-financing Project for Exporters
Good news for Turkish based manufacturing exporters By Selim Ural, Kulat Law Firm, Istanbul The Turkish Minister of Trade Mehmet Mus, has stated that the Ministry has developed a model for pre-financing and collateral with the participation of Türk Eximbank and Export Development Inc. (İGE AŞ) under the coordination of the Ministry of […]
New Saudi Airport To Be Amongst World’s Biggest
Designed to handle 120 million travellers by 2030 and boost Riyadh’s position as a global logistics, tourist and transport hub Saudi Arabia Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz unveiled a new airport masterplan for the capital, Riyadh today (Monday, November 28).
Iran’s Ardabil-Miyaneh Railway Connectivity With Azerbaijan To Be Completed By Q1 2023
The largest rail project in Iran is the Ardabil-Miyaneh railway, which connects the city of Ardabil, in Iran’s Ardabil Province to the city of Miyaneh in East Azerbaijan Province. From Miyaneh, rail connects with the Azerbaijan national railway, thus completing an integral part of the wider INSTC network from the Caspian Sea.
