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.
Navigating Saudi Arabia’s Personal Data Protection Law and Regulatory Framework
Saudi Arabia’s Personal Data Protection Law (PDPL), effective September 14, 2024, requires organizations to follow comprehensive guidelines from the Saudi Data and Artificial Intelligence Authority (SDAIA) to ensure data privacy compliance.
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.
GCC Central Banks Follow US Fed in Rate Cuts
Following the recent decision by the US Federal Reserve to lower its benchmark interest rate by 50 basis points, GCC central banks have implemented similar cuts.
China Deepens Economic Cooperation with Saudi Arabia and UAE in New Energy and Emerging Sectors
Chinese Premier Li Qiang’s recent visits to Saudi Arabia and the UAE have marked a significant step towards strengthening economic cooperation with two of the Gulf region’s wealthiest nations.
Middle East Pivot for Chinese EV Firms: Dealmaking, Market Sales
The Middle East, driven by sustainability efforts and strategic investments, offers key opportunities and challenges for Chinese EVs as the region seeks to boost adoption and infrastructure.
Saudi Arabia’s US$5-Billion-Investment Pledge in Egypt: Strengthening Economic Ties and Industrial Cooperation
Saudi Arabia has strengthened its economic ties with Egypt, as Crown Prince Mohammed bin Salman announced a US$5 billion investment by the Public Investment Fund (PIF) during a meeting with Egyptian Prime Minister Mostafa Madbouly in Riyadh.
Italy’s Saipem Expands Offshore Portfolio with Major Contracts in Qatar and Saudi Arabia
Italian energy contractor Saipem continues to strengthen its position in the Middle East with the recent award of significant offshore engineering, procurement, and construction (EPC) contracts in both Qatar and Saudi Arabia.
Working Capital Management in the Middle East: Trends and Strategies
Effective working capital management in the Middle East is critical for navigating economic pressures, with companies seeing varied success across different sizes and sectors.
Shenzhen and Dubai Forge Stronger Financial Ties with New Cross-Border ETF Agreement
The Shenzhen Stock Exchange and Dubai Financial Market recently signed an MoU to facilitate cross-border investing between China and the UAE.
