Economy & Trade

Abu Dhabi Courting Major UK Hedge Funds

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Abu Dhabi’s financial center is reportedly in talks with over 60 global finance firms, such as the UK’s Marshall Wace and Capula Investment Management, who are interested in establishing a presence in the UAE capital.

Dubai-Based Ports and Logistics Giant DP World Plans US$3bn Investments into Africa by 2029

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Nine of the world’s 20 fastest-growing economies in 2024 are in Africa, attracting companies like DP World despite challenges.

QIA Reported to Acquire 10 percent Stake in China Asset Management Co

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The QIA-China AMC deal comes amid Gulf investors actively seeking investment opportunities while their Western counterparts scale back their exposure in the Chinese market.

Choosing Dubai as Your Investment Base and Setting Up in the IFZA

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Dubai’s IFZA is a dynamic international free zone community that leverages the UAE’s strategic location and world-class infrastructure.

UAE and Qatar Sign Double Taxation Avoidance Agreement, Boost Economic Cooperation

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The UAE and Qatar are set to fully restore diplomatic ties and have signed a landmark double taxation agreement.

South Korea and UAE Formally Sign CEPA Trade Deal, Reaffirm US$30 Bn Investment Commitment

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The UAE and South Korea formally signed their free trade agreement, officially called the Comprehensive Economic Partnership Agreement (CEPA), on May 29, during the official visit of President Mohamed bin Zayed Al Nahyan to Seoul.

UAE Q4 2023 Prelim Data: Non-Oil Sectors Propelling 4.3% GDP Growth

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Preliminary government data for the fourth quarter of 2023 revealed a robust 4.3 percent year-on-year growth in the UAE’s economy, with non-oil sectors notably outpeforming in their contribution to the overall GDP.

India, UAE Hold First Talks on Advancing the India-Middle East-Europe Economic Corridor

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The discussions regarding the India-Middle East-Europe Economic Corridor (IMEEC) involved key stakeholders, such as DP World UAE, AD Ports Group, and the UAE’s Federal Customs Authority.

UAE-China Trade & Investment Profile

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The UAE is a pivotal partner in China’s trade and commercial engagements within the Middle East, particularly the Arab Gulf region.

Setting Up in Sharjah, UAE: A Foreign Investment Guide

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The UAE emirate of Sharjah is not reliant on oil and gas reserves, and has well-developed manufacturing, construction, and service sectors. We highlight top sector opportunities and key locations for investors.

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