Economy & Trade

Iran Plans To Use Persian Gulf Sea Water To Irrigate Fars Province

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Iran has plans to transfer water from the Persian Gulf to its Fars Province under a development expected to cost 15 trillion rials (about US$3.5 billion), according to Ehsan Ansari, the Managing Director of Iran’s Lamard Special Economic Zone.

Iran Planning Direct Railway Link From Tehran To Shanghai

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Iran is seeking to launch a direct train route to China within the framework of the Shanghai Cooperation Organization (SCO), the Director General of Commercialization and Associations Affairs Bureau at the Ministry of Roads and Urban Development Amin Taraffo has stated. Iran joined the SCO as a full member last week. Taraffo said that the […]

Israel-China Bilateral Trade and Investment Outlook

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Trade and investment cooperation between Israel and China has accelerated since 2000, especially in the technology and infrastructure sectors. While Tel Aviv has backed the Belt and Road Initiative (BRI), China recognizes Israel’s strategic location. As the two countries observe 30 years of diplomatic relations, they now hope to reach a Free Trade Agreement by […]

Selling To China’s Muslims

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China represents a market of 30 million Muslims providing opportunities for Middle Eastern based exporters in a market worth US$100 billion.  In China, the Muslim population is estimated to be around 30 million, covering urban and rural areas of all provinces (regions) in China. These are mainly based for historic reasons in China’s Western provinces of […]

Tax, Investment, and Trade Agreements Between Countries in the Middle East and China

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Countries in the Middle East are deepening ties with China, offering new opportunities for Middle Eastern businesses to expand into China. To facilitate business activity and investment, Middle Eastern countries have signed a range of tax agreements and bilateral investment treaties with China that offer fair treatment and protection for foreign investors. Moreover, China is […]

Egypt & Qatar Join Shanghai Cooperation Organisation As ‘Dialogue Partners’

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Egypt and Qatar have been granted Dialogue Partner status of the Shanghai Cooperation Organization (SCO) following the admission procedure launched in September 2021 at the Dushanbe summit, the Uzbekistan Foreign Ministry said on Wednesday.

The UAE – Indonesia Trade Agreement: Benefits for UAE Based Exporters

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Indonesia has cancelled import tariffs for 80% of UAE exports   Indonesia and the United Arab Emirates (UAE) concluded a new free trade agreement under the UAE-Indonesia Comprehensive Economic Partnership Agreement (IUAE-CEPA) in July 2022. UAE President Sheikh Muhammad bin Zayed and Indonesian President Joko Widodo witnessed the signing in Abu Dhabi.

GCC & Central Asian Finance Ministers Meet In Riyadh

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New Middle East – Central Asia “C5” Bloc In The Process Of Being Established  It’s an important week in the Middle East this week as a major political conference is held; with Thursday and Friday (September 15/16) seeing the Shanghai Cooperation Organisation Heads of State coming together in Samarkand, Uzbekistan. That will include the first […]

Establishing A Representative Office In Turkiye

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By Selin Aksoy, Kulat & Co, Istanbul   Turkiye offers great opportunities for investors with its strategic location, proximity to major markets, young and dynamic population, large workforce potential, and government incentives. Being an active and important member of the G-20 and the OECD, Turkiye plays an important strategic and political role in the region […]

UAE Intellectual Property Law Updates

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By Dennemeyer & Co   Significant new resolutions in trademark laws, piracy penalties increased In its endeavor to strengthen its position as an innovation-friendly business hub, the UAE has recently, and in terms of trademark protection, significantly revised its Intellectual Property (IP) laws. These are valid throughout the UAE including Abu Dhabi, Dubai, Ajman, Fujairah, Ras […]

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