Economy & Trade

Türkiye & Qatar Sign New Trade Facilitation Deals

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Türkiye and Qatar have signed 11 new cooperation agreements, in meetings co-chaired by Turkish President Recep Tayyip Erdoğan and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani. The deals were signed at the eighth meeting of the Supreme Strategic Committee in Istanbul on Friday, The agreements cover cooperation in various fields, including diplomacy, media, trade, […]

New Dubai Urban Tech District To Help Create Future Smart Cities

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Opportunities for International Architectural and Related Businesses in The UAE    Dubai is planning to open a new urban tech district at the Creekside at Al Jaddaf, aiming to create over 4,000 jobs in urban technologies, education, and training, while also welcoming entrepreneurs to encourage a collaborative tech ecosystem. The district will provide facilities for […]

Turkiye And India Trade and Investment Summary 2022 YTD

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Significant Middle-Class Consumer Markets And Developing Infrastructure Will See The Turkiye-India Trade Corridor Develop Rapidly Into 2023-24   By Constantin Duhamel  Introduction Centuries-Old Bilateral Relations. The Ottoman Empire and the Indian subcontinent established formal diplomatic relations in 1481 and were exposed to the same cultural influences under Mughal (a Turkic elite) rule of India, which lasted […]

The Grain Corridor Agreement And Turkiye As A Foreign Investment Destination

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Turkey’s Mediating Role İn Preventing A Global Food Crisis Underlines Corporate & Trade Responsibility   By Selim Ural, Kulat Law Office Istanbul   The Russia-Ukraine war, which started in February 2022, has had a significant impact on the global markets due to the large shares of the two countries in the global agricultural products trade, […]

Foreign Investment Opportunities In the UAE E-Commerce Market

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Market value expected to hit US$9.2 Billion by 2026 Analysis from the Dubai Chamber of Commerce has stated that the value of the UAE e-commerce market is expected to reach US$9.2 billion by 2026, while the sector’s share of total retail sales in the UAE is projected to increase by 12.6% the same year. The […]

UAE-China Non-Oil Trade Up 78.5%

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Non-Oil UAE-China Imports & Exports Also Up To US$32 Billion in 2022 YTD The trade diversification policies outlined by the Emirates several years ago have been paying off, as non-oil trade between the UAE and China increased by 78.5% in the nine years from 2012 to 2021, reaching AED223.5 billion (US$60.85 billion) for 2021.

Applying For A 2022 / 2023 Virtual Work Visa In The UAE

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New regulations of use to Digital Nomads New regulations have come into effect from October 1 that permit foreign holders of a UAE virtual work visa to work remotely – giving the option to live and work out of the UAE. The virtual work visa comes hand in hand with a one-year residency permit, useful […]

Turkiye-Turkmenistan Flights Resume After Two And A Half Years

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Turkmenistan Airlines is resuming regular flights to Istanbul (Türkiye) from Wednesday, October 5. Flights will be operated four times a week – on Mondays, Wednesdays, Fridays and Sundays. Flights from Turkmenistan to Türkiye were suspended in March 2020 due to the COVID-19 pandemic. The resumption has some symbolism as it reunites two Turkic countries, both […]

Islamic and Halal Export Opportunities to the Philippines

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6.5 million Muslims are based in the Philippines Bangsamoro Province, a region showing 7% annual GDP growth. Islamic experienced exporters should be looking to take early steps into this growing South Asian market. Introduction The Philippines is generally known as being the only Catholic nation in South East Asia, however its Bangsamoro southern province has […]

Opportunities for Saudi Exporters in Indonesia

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Indonesia’s RCEP and ASEAN memberships can help Saudi exporters reach 500 million Islamic consumers  Saudi Arabia and Indonesia have had historical trade and diplomatic relations for centuries and are now focused on increasing bilateral trade in the modern era. Saudi Arabia is Indonesia’s largest trade partner in the Middle East and is seeking to increase […]

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