Middle East Briefing News

UAE-India Trade and Investment Summary, YTD 2022

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Bilateral trade set to grow at US$5.6 billion per annum from 2022-2028 leading to tremendous opportunities for UAE and Indian exporters By Constantin Duhamel Introduction Traders since Antiquity Trade between the Indian peninsula and the Arabian Gulf has been a dominant feature of the world trade picture since Antiquity. Typically, precious metals from the Mediterranean […]

Dubai’s Jebel Ali Port And Free Trade Zone A Magnet For Indian Investors

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Dubai aims to assist India’s ‘Make in India’ programme by encouraging Indian exports worldwide      Dubai’s Jebel Ali Port (Jafza) and Free Trade Zone have critical roles to play in boosting UAE-India trade volumes to US$100 billion over the next five years, said the Port operator, DP World in a statement yesterday (Wednesday, October 19).

Why UAE Businesses Should Establish a Principal Hub in Malaysia

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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

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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

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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

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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

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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

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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

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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%

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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.

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