Other Briefings
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.
Carrefour Partners with Dubai’s Apparel Group to Make a Comeback in India After 2014 Exit
French retail giant Carrefour has teamed up with Dubai-based Apparel Group to launch its operations in India by 2025. Founded in Dubai in 1996, the Apparel Group operates in both the retail clothing and food and beverage (F&B) sectors.
Khalifa Economic Zones Abu Dhabi (KEZAD) Announces Major Manufacturing and Solar Investments Showcasing its Appeal
In light of major new manufacturing and renewable sector investments, we discuss the appeal of Abu Dhabi’s KEZAD zones for business set up.
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.
How to Open a Bank Account in the UAE
We discuss the requirements to open a current bank account in the UAE, including specific eligibility criteria and documentation.
UAE’s Non-Oil Foreign Trade Soars to Record US$381 Billion in H1 2024
The UAE has achieved a historic milestone in its non-oil foreign trade, reaching a record AED 1.4 trillion (US$381.17 billion) in H1 2024.
Saudi Arabia’s Trade Surplus Reaches US$26.13 Billion in Q2 2024, Setting a New High
Saudi Arabia’s international trade in Q2 2024 totaled SAR 490.657 billion, with merchandise exports leading the way at SAR 294.51 billion.
Egypt’s Economy Shows Signs of Recovery Amid IMF Support and Reforms
We discuss recent developments in the Egypt economy per the latest IMF report, highlighting progress, challenges, and ongoing reform efforts.
