Other Briefings
Egypt and India Bilateral Trade: 2023 Status and Future Prospects
Commitments to develop mutual trade to US$25 billion can lead to opportunities By Farzad Ramezani Bonesh Background India and Egypt are among the oldest civilizations in the world and have had commercial and economic contacts for thousands of years. In the modern era, after India’s independence in 1947, diplomatic relations were established in August 1947.
UAE Tax Authority Issues New Tax Rules For Non-Residents
The UAE Federal Tax Authority (FTA) has announced a new guide for the criteria for determining non-residents subject to corporate tax in the country. This clarification comes as part of the corporate tax law, which came into effect on June 1, 2023.
Bahrain’s Gulf Air To Start Direct Flights To China From January 2024
Bahrain’s national carrier Gulf Air has confirmed that it will begin flights to China from January 2024. The carrier will operate to two cities in China – Guangzhou and Shanghai – from its hub of Bahrain International airport.
Oman – Indonesia Bilateral Trade Up
A delegation from the Oman Chamber of Commerce and Industry (OCCI) have been attending the 38th Indonesian International Trade Fair (Trade Expo 38), which is organized by the General Directorate of National Export Development of the Ministry of Commerce in Indonesia.
Saudi Arabia, India Looking To Boost Bilateral Trade Ties
Saudi Arabia and India are looking to develop economic ties and boost the current US$52 billion bilateral trade relations between the two countries.
Saudi Arabia and Indonesia’s Bilateral Trade: Status and Prospects
Bilateral trade US$7 billion with plenty of room for significant growth By Farzad Ramezani Bonesh Background Civilization and economic relations between the two regions go back centuries before Islam. In modern history, after Saudi Arabia recognized Indonesia’s declaration of independence on November 4, 1947, diplomatic relations between Indonesia and the Kingdom began with the opening […]
Gulf Cooperation Council Unified Visa To Be Available From 2024-25
A Gulf Cooperation Council (GCC)unified Gulf tourist visa, which will allow visa holders to travel across the six Gulf countries, will be rolled out next year, according to Abdullah bin Touq Al Marri, the UAE’s Minister of Economy.
Ras Al Khaimah Launches Digital Economic Free Trade Zone
Sheikh Mohammed bin Saud bin Saqr Al Qasimi, the ruler of the Ras Al Khaimah Emirate within the UAE has inaugurated the new RAK Digital Assets Oasis (RAK DAO), an economic free zone dedicated to supporting companies involved in digital and virtual assets, blockchain, Web3 and artificial intelligence (AI). The ceremony took place on October […]
The Gulf Cooperation Council Countries To Replace The United States As The Primary Source Of China FDI
China is set to receive US$1-2 trillion in investments from top sovereign funds in the Middle East by 2030 as they look to pivot to Asia amid a rapid rise in their investment capital, Hong Kong Stock Exchange CEO Nicolas Aguzin has said.
8th UNCTAD World Investment Forum Opens In Abu Dhabi
The 8th World Investment Forum (WIF), organised by the United Nations Conference on Trade and Development (UNCTAD), has officially opened at the Abu Dhabi National Exhibition Center. The event will run until October 20.
