Transforming UAE Travel: Etihad Rail’s High-Speed Train Plans
Etihad Rail’s plans for its first high-speed, all-electric passenger train promises a travel time of just 30 minutes between Abu Dhabi and Dubai.
Oman-India CEPA Talks Likely to Gain Momentum as Piyush Goyal Visits Muscat
India-Oman CEPA talks advanced during Commerce Minister Piyush Goyal’s visit to Muscat from January 27-28, which also saw the signing of a DTAA amendment protocol.
UAE Breaks Ground with World’s First 24/7 Solar PV and Battery Storage Gigascale Project
The UAE will launch the world’s first round-the-clock solar photovoltaic (PV) and battery storage gigascale project in Abu Dhabi.
ESG Sukuk to Cross US$50 Billion in 2025, Key Funding Tool in Emerging Markets
ESG sukuk is a key dollar funding tool in Islamic finance markets, particularly in Saudi Arabia, the UAE, Indonesia, and Malaysia. Fitch Ratings projects the global sukuk market to surpass US$50 billion outstanding in 2025.
UAE Signs CEPA Agreements with Malaysia, Kenya, and New Zealand
The UAE has signed CEPA trade agreements with Malaysia, Kenya, and New Zealand to enhance its post-oil economy and foster open trade and investment policies. These deals now require to be ratified by both sides before implementation.
SAIC Motor’s US$135 Million Deal in Egypt: A Strategic Move Amid Global Trends
Chinese state-owned SAIC Motor Corp. Ltd. has partnered with Egypt’s Mansour Group in a US$135 million deal to set up an automotive plant in New October City, Egypt.
Kuwait Investment Outlook 2025: Navigating Challenges and Opportunities
By Giorgia Sgueglia Kuwait’s economic trajectory is set for transformation, guided by the government’s Vision 2035 initiative, which aims to position the country as a financial and trade hub both regionally and internationally. This ambitious vision underscores the nation’s commitment to economic diversification, infrastructure development, and private-sector growth. Vision 2035, also known as “New Kuwait,” […]
2025 Outlook: Expanding UAE CEPA Network to Drive Economic Growth
The UAE will continue to expand its global trade network through CEPA deals in 2025 as it chases a US$1-trillion target for non-oil trade by 2031.
Ajman’s 2025 Budget and Business Opportunities: Driving Sustainable Growth
Ajman’s 2025 budget of AED3.7 billion (US$964.65 million) focuses on community development, public safety, economic growth, and sustainability, positioning the emirate as a thriving investment hub.
Saudi Arabia Investment Outlook 2025: Opportunities for Foreign Businesses
In 2025, Saudi Arabia’s economy is set to thrive, driven by robust non-oil growth, stable inflation, and strategic investments in renewable energy, smart cities, healthcare, and finance.