Other Briefings
Meat Importers in the Middle East Should Note India’s Updated Halal Export Guidelines
India’s halal export system has been updated with fresh certification guidelines in effect from October 16, 2024. Key export markets in the Middle East are the UAE, Saudi Arabia, Oman, Bahrain, among others.
UK FDI Interest in the GCC Markets: Opportunities for Strategic Growth
The Gulf Cooperation Council countries present a fertile ground for UK foreign direct investment, with opportunities across diverse sectors from renewables to healthcare to technology. These prospects will foster greater business collaboration, market penetration, and job creation, and are fueling the UK’s drive to secure a free trade agreement with the GCC.
Oman’s Strategic Move to Attract Foreign Investment: Exploring the New Opportunities
Oman, under the stewardship of Invest Oman, has unveiled a series of strategic investment opportunities worth over OMR 166 million (approx. US$430 million) in the manufacturing sector.
Oman Labor Authority Prohibits Expat Hiring in 30 Professions, Details Awaited
The Ministry of Labor (MoL) has announced that 30 new professions will be reserved exclusively for Omanis. However, details are awaited before the regulation comes into effect in September.
Digital Transformation Drives 97% Surge in Oman’s Commercial Registrations in Q1 2024
By the end of Q1 2024, legal and commercial registrations in Oman’s governorates surged by 97 percent, totaling 450,768.
Oman-India FTA Negotiations Reportedly Conclude, But Indian Elections Will Delay Implementation
Oman-India CEPA negotiations have reportedly concluded but the trade deal now has to wait for the Indian elections over the summer and a new central government to be formed in New Delhi.
Eid Al Fitr Holiday Schedule for the Private Sector in GCC Countries
Employees in GCC countries will enjoy a long break for Eid festivities in the week of April 8-13. Eid Al Fitr will likely fall on April 10, depending on the local moon sighting.
Oman Establishes Financial Services Authority: Key Highlights and Implications
Oman is establishing the Financial Services Authority (FSA), which will replace the Capital Market Authority.
Oman Unveils US$31 Billion Tourism Investment Plans Under ‘Vision 2040’
Oman welcomed 4 million tourists in 2023, a testament to its vibrant tourism landscape. Now the Sultanate has announced major investment plans, aligned with ‘Vision 2040’.
UK Rolls Out Two-Year Multiple Entry Visa Scheme to Gulf, Jordanian Citizens
The UK has expanded a two-year multiple-entry visa scheme to citizens of Bahrain, Kuwait, Oman, the United Arab Emirates (UAE), Saudi Arabia, and Jordan.
