Other Briefings
Saudi Arabia and Italy Strengthen Business and Industrial Ties Amid High-Level Visit
Saudi Arabia and Italy are boosting economic ties after the Saudi Industry Minister’s visit to Italy, focusing on manufacturing, mining, and renewable energy collaboration to advance Saudi Arabia’s Vision 2030 diversification goals.
UAE to Address India’s Concerns Over Increased Silver, Platinum Alloy, and Dry Date Imports Under CEPA
The United Arab Emirates (UAE) has agreed to address India’s concerns over a significant rise in imports of silver products, platinum alloy, and dry dates, taking advantage of lower tariffs under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
Saudi Arabia-Germany Trade and Investment Relations: Key Opportunities for German Businesses
With Germany as Saudi Arabia’s fourth-largest supplier of goods, both nations have expanded cooperation in sectors such as renewable energy, healthcare, and advanced industries.
UAE Cabinet Approves Record Federal Budget for 2025
The UAE’s 2025 federal budget, totaling AED 71.5 billion (US$19.5 billion), emphasizes social welfare, infrastructure, and economic development while projecting a budget surplus of 2.4 percent of GDP.
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.
UAE and Jordan Sign CEPA Agreement to Boost Trade Engagement
The UAE-Jordan CEPA is the first partnership of its kind between the Emirates and an Arab nation. Jordan is the UAE’s third-largest Arab trade partner outside the GCC.
UAE-Serbia CEPA Expected to Boost UAE GDP by US$351 Million by 2032
The UAE-Serbia CEPA will eliminate up to 96 percent of customs tariffs across several categories, setting a new standard for trade partnerships outside WTO frameworks.
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.
Türkiye Revises Economic Outlook for 2025-2027: Balancing Inflation, Growth, and Opportunities
Turkiye’s revised economic outlook for 2025-2027 reflects a strategic shift amid high inflation and slowing growth.
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.
