Other Briefings
EU Removes UAE from High-Risk Money Laundering List
The EU has removed the UAE from its high-risk money laundering list, recognizing substantial AML/CFT reforms and improved oversight. This move aligns with warming EU-UAE ties and coincides with the launch of bilateral free trade agreement negotiations.
GCC IPO Market Q1 2025: Resilient Growth Led by Saudi Arabia, UAE, and Oman
In Q1 FY2025-26, consumer markets led GCC IPO activity, capturing 42 percent of total proceeds, driven by strong investor interest in lifestyle and retail sectors.
UAE Sets June 30 Deadline for Private Sector Emiratization Compliance
UAE Sets June 30 Deadline for Private Sector Emiratization Compliance
China Expands Visa-Free Entry to GCC Countries: Details and Implications
China expanded visa-free entry to GCC citizens from Saudi Arabia, Oman, Kuwait, and Bahrain, facilitating business and tourism exchanges.
Saudi Arabia Raises Wage Subsidies to 50 Percent for 63 Tourism-Related Jobs
Saudi Arabia has expanded its wage subsidy program to cover 50 percent of salaries for 63 tourism-related occupations. This move aims to boost Saudization and empower the national workforce for Vision 2030 reforms. On May 25, 2025, Saudi Arabia’s Human Resources Development Fund (HADAF) and the Ministry of Tourism announced an expansion in the wage […]
UAE-Serbia CEPA Comes into Force, Strengthening Strategic Trade and Investment Ties
The UAE-Serbia CEPA came into force in May 2025, eliminating tariffs on 96 percent of goods and boosting bilateral trade and investment.
Dubai Global Hotspot for Millionaire Migration and Wealth Relocation
Dubai has become a global hotspot for millionaire migration, welcoming 130,500 millionaires and positioning as hub for strategic investment.
Hong Kong: Financial Gateway for GCC Capital into Asia and China
Hong Kong is deepening ties with the GCC, leveraging its global financial stature to emerge as a strategic hub for investment and finance.
Saudi Arabia and China Sign US$3.7 Billion in Agricultural and Trade Deals
Saudi Arabia and China formalize 57 agreements worth US$3.7 billion, focusing on agriculture, water, and food security. Explore market opportunities and bilateral synergies.
Egypt Offers 15% Suez Canal Discount to Regain Trade Flow
Egypt introduces a 15 percent discount on Suez Canal transit fees to offset trade losses from Red Sea disruptions. A look at the background, impact, and implications for global business.
